Gold Price Outlook Vulnerable to Restrictive Fed Policy
The Federal Reserve interest rate decision may drag on the price of gold as the central bank shows a greater willingness to implement a restrictive policy.
AUD/USD Stalls at 50-day SMA as APAC Markets Weigh Growth Concerns
The Australian Dollar rose overnight against a slightly weaker US Dollar despite weakness on Wall Street. The economic docket is light for today, but traders are preparing for a busy…
New Zealand Dollar Forecast: Technical Posture Improves – Setups for NZD/JPY, NZD/USD
The Kiwi may be on the precipice of a more significant turn higher.
S&P 500, Nasdaq 100 Await Google and Microsoft’s Earnings, FOMC & US GDP Eyed
The Nasdaq 100 declined on Monday, losing ground for the second consecutive session amid a cautious mood on Wall Street ahead of key corporate earnings and the FOMC decision.
USD/JPY Reverses Ahead of Monthly Low with Fed Rate Hike on Tap
The Federal Reserve interest rate decision may lead to a near-term advance in USD/JPY as it appears to be reversing ahead of the monthly low (134.70).
British Pound Technical Forecast: GBP/USD Recovery – Fed Face-off
Sterling’s rebound off support is now eyeing yearly downtrend resistance- battle lines drawn ahead of the Fed. Levels that matter on the GBP/USD weekly technical chart.
FX Week Ahead – Top 5 Events: Australia Inflation Rate; US Durable Goods; Fed Meeting; US GDP; Eurozone GDP
The last week of July brings a US-centric economic calendar.
Crude Oil Price Forecast: Make or Break Time as Triangle Apex Nears – What’s Next?
Crude oil prices are at a critical juncture.
EUR/USD Wavers Ahead of FOMC. Will the Fed Surprise with a 100 bp Rate Hike?
The FOMC decision will grab the spotlight this week. EUR/USD will likely weaken if the Fed surprises markets with 100 bp hike, but this is not the baseline scenario at…
Bitcoin Prices Vulnerable to Event Risk, CAC40 Shrugs Off the Fed
Bitcoin prices fail to hold onto gains after rebounding off of $24,000 last week. CAC40 edges higher despite major event risk.