How to Trade Forex News: An Introduction
Find out the essentials of trading the news with this introductory guide to forex news trading
GBP/USD Forecast: Pound Grapples With U.S. CPI, UK Politics and Potential Blackouts
GBP/USD expresses caution ahead of U.S. inflation data later today, while UK politics and energy concerns linger in the background.
Crude Oil Price Anchored Ahead of US CPI Despite Disruptions. Will Data Drive WTI?
The crude oil price has been stable as the market braces itself for the crucial US CPI number later today. If inflation misbehaves, will a Treasury rout hit WTI?
Gold Prices May Run Higher but US CPI Poses Risks to Bullish Narrative
Gold prices look ready to continue rising amid a potential short squeeze induced by a drop in real yields and the US Dollar after Fed bets eased in July. The…
Australian Dollar Steady as China CPI Comes in Cool Ahead of US CPI. Will it Hit AUD/USD?
The Australian Dollar appears range bound after China's CPI and PPI were slightly lower than forecast while all eyes turn toward US CPI later today. Where to for AUD/USD?
Chinese Yuan Forecast: USD/CNH Trades Around 20-Day SMA Ahead of China CPI, PPI
The Chinese Yuan may fall against the US Dollar if China's consumer prices for July beat analysts' estimates. Traders will shift their attention to US CPI data after today's APAC…
EUR/USD Forecast: August Opening Range Susceptible to Sticky US CPI
Fresh data prints coming out of the US may continue to influence EUR/USD as the update to the Consumer Price Index (CPI) is anticipated to show sticky inflation.
S&P 500, Nasdaq 100 Sag Ahead of Key US Inflation Data. Is the Rally Over?
The S&P 500 and Nasdaq 100 lose ground for a second straight day amid cautious sentiment ahead of a key U.S. economic report that could influence the Fed's monetary policy…
WTI Crude Oil Technical Forecast: Falling Wedge but Can Bulls Force a Reversal?
It's been carnage in crude for close to two months now, but there's a falling wedge pattern that's in the process of building which could, eventually, help to turn the…
S&P 500 Short-term Technical Outlook: SPX500 Coils into August
The S&P 500 is carving a well-defined weekly / monthly opening-ranges into key US inflation data- risk for breakout. Levels that matter on the SPX500 technical charts.