Forex

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

Brent crude oil prices remain depressed as markets await guidance from the U.S. FOMC Minutes later today.

UK inflation comes in hotter than expected, keeping up the pressure on the Bank of England for further rate hikes.

EUR/USD may track the negative slope in the 50-Day SMA (1.0294) as it continues to fall back from the former support zone around the May low (1.0349).

The New Zealand Dollar rose against the US Dollar after the RBNZ hiked its official cash rate by 50-basis-points, as expected. The MPS revealed a slightly more aggressive rate projection.

AUD/USD appears to be reversing course ahead of the 200-Day SMA (0.7146) as the exchange rate carves a series of lower highs and lows.

Asia-Pacific markets may rise after the US Dollar moderated overnight as US stocks closed mostly higher. The RBNZ rate decision is due today, with traders expecting a 50-basis-point rate hike.

US data was a mixed bag as consumer activity remained strong alongside further slowing in the housing market

Crude oil prices can’t seem to catch a bid.

The Euro hasn’t been able to stage a meaningful rally in some time.