USDJPY Breakout Continues as US Rate Hikes Loom Large
The Japanese Yen continues to weaken against the US dollar and will remain on the back foot as the Federal Reserve looks set to hike interest rates this week.
British Pound Under the Pump Ahead of BoE and Fed Rate Decisions. Will GBP/USD Go Lower?
The British Pound continues to give up ground today ahead of this weeks' BoE and Fed rate decisions, where they are both expected to hike. Where to for GBP/USD?
Gold Prices Fall on Hopes for Progress in Ukraine Talks, Rising Treasury Yields
Gold prices extended lower as Russia noted there are “certain positive shifts” in negotiation with Ukraine. Rising Treasury yields also dented the precious metal. Gold ETFs saw large net inflows…
US Dollar May Keep Pressuring Emerging Market Currencies Amid Ukraine and the Fed
The US Dollar may rise against emerging market currencies in Asia as Ukraine tensions and a Federal Reserve rate hike risk further inducing capital outflows from the developing world.
Euro Technical Analysis – EUR/USD, EUR/CHF. Euro Bounces Off Lows
The Euro made multi-year lows against the US Dollar and the Swiss Franc last week but has since steadied. Will the Euro test the lows again?
S&P 500 May Lead Hang Seng Index Lower, FOMC in Focus This Week
Wall street equities closed lower on Friday, dragged by the tech sector as rising inflation threatened the economic recovery. The Hang Seng Index may trade lower amid rising Covid cases…
AUD/USD Eyes 200-Day SMA as APAC Trading Kicks Off Ahead of High-Impact Events
AUD/USD may continue grappling with the 200-day SMA today as traders prep for several potentially high-impact economic events. Meanwhile, the conflict in Ukraine remains highly uncertain.
Markets Week Ahead: Dow Jones, Hang Seng, US Dollar, Gold, Crude Oil, Fed Hike, Ukraine
Global stock markets reeled as the Dow Jones sank amid hawkish Fed bets and Ukraine tensions. The Hang Seng Tech index was also particularly hit amid regulatory woes. Ahead, the…
Weekly Fundamental US Dollar Forecast: How Many Fed Hikes are Coming?
US inflation rates are pressing higher, exacerbated by Russia’s invasion of Ukraine. Will this change the Fed’s rate hike path?
S&P 500 Index Faces More Headwinds as Inflation Soars, Ukraine Crisis Deepens
The S&P 500 index may continue to fall amid a heightened Ukraine crisis as stagflation fears deepen. US CPI hit a fresh 40-year high of 7.9%, spurring concerns that the…