FX Week Ahead – Top 5 Events: UK Inflation Rate; Canada Inflation Rate; Powell Testimony; Japan Inflation Rate; German Ifo Business Climate
The coming week will offer more insights into weakening growth and record inflation around the globe.
Crude Oil Price Forecast: Despite Pullback, Bullish Triangle Remains – What's Next?
Crude oil prices dropped sharply last week, but a bullish triangle – a continuation effort – lingers.
Canadian Dollar Forecast: Has Loonie Weakness Run its Course? Setups for CAD/JPY, USD/CAD
The Canadian Dollar has been on a losing streak, but technical setups suggest that a change in fortunes could arrive soon.
Markets week Ahead: Dow Jones, US Dollar, USD/CAD, GBP/USD, USD/JPY, Powell, Inflation
It was a busy week in markets, with volatile action across equities and currencies. That volatility may persist in the coming week. Mr. Powell's testimony before Congress is perhaps the…
Quantitative Tightening: What is it and How Does it Work?
Quantitative tightening is a policy tool used by central banks to moderate an overheating economy. Find out how it is implemented and uncover its potential drawbacks
British Pound Technical Analysis: GBP/JPY, GBP/USD, EUR/GBP Rates Outlook
Despite a rebound around the June BOE meeting, the British Pound’s prospects have not meaningfully changed.
DAX, DJI and FTSE Push Higher as Risk Assets Catch a Breather
Indices gain on the session,recession fears are still around the corner.
Euro Latest – US Dollar Weakness Helps EUR/USD Stabilize
The US dollar is drifting lower in European turnover, helping underpin EUR/USD ahead of Fed chair Powell's testimony later this week.
USD/CAD IG Client Sentiment: Our data shows traders are now at their least net-long USD/CAD since Dec 22 when USD/CAD traded near 1.29.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias.
WTI Crude Update: EIA See Demand Growth Return in 2023, Oil Sharply Lower
WTI crude continues last weeks sharp decline as risks of a US recession filter through markets after the Feds 75 bps hike. EIA report sees return to demand growth in…