US Dollar Tanks Ahead of Fed Verdict, NFP Data - EUR/USD, GBP/USD, USD/CAD
This article explores the fundamental and the technical outlook for the U.S. dollar, zeroing in on three popular and very liquid pairs: EUR/USD, GBP/USD and USD/CAD.
This article explores the fundamental and the technical outlook for the U.S. dollar, zeroing in on three popular and very liquid pairs: EUR/USD, GBP/USD and USD/CAD.
The Aussie dollar is one of the more recent standouts in the FX space, benefitting from a risk off environment and hotter-than-expected inflation. AUD Setups analysed
The Euro’s latest uptrend has held up into the start of a new trading week as the single currency looks more comfortable above $1.07
Gold is struggling to move higher as haven assets remain in the doldrums. This week’s Fed policy decision and US Jobs Report are likely to wake up the precious metal.
USD/JPY touched 160 and reversed sharply towards 155 as suspicions of FX intervention did the rounds on Monday. Rate differential remains a major stumbling block
Risk markets pushed higher over the week, spurred on by a lull in Israel/Iran hostilities. Next week the FOMC and tech heavyweights Amazon and Apple will dominate risk sentiment.
Gold rose last week but the size of the recent gains have tapered off as risk sentiment recovered. Will elevated rates weigh on gold or will growth concerns provide support?
Year-on year US PCE data followed on from yesterday’s quarterly surprises to give the FOMC something to think about when they meet next week to set interest rates
The Japanese Yen continued to fall to new multi-decade lows against a range of currencies after the BoJ left monetary policy unchanged. Weaker-than-expected Tokyo inflation the driver of the latest move.
Gold and silver have pulled back from their respective highs, looking for the next catalyst. With risk sentiment improving, precious metals may find support from a softer USD