Euro Outlook: EUR/USD, EUR/GBP Price Setups Ahead of the ECB
The broad surprise in US CPI data has jolted FX markets ahead of the ECB meeting. Markets have downgraded expectations of Fed cuts, weighing on EUR/USD. EUR/GBP lower
The broad surprise in US CPI data has jolted FX markets ahead of the ECB meeting. Markets have downgraded expectations of Fed cuts, weighing on EUR/USD. EUR/GBP lower
US inflation came in above forecast in March, sending the US dollar sharply higher, as US rate cut expectations are pared back further.
Traders are drawn to volatility due to increased trading opportunities. However, volatile markets require skill, experience, and effective risk management.
The precious metal remains bid and in record high territory, underpinned by ongoing fears in the Middle East. Today’s US inflation data may hamper further progress.
Wednesday's U.S. inflation report has the potential to cause significant volatility, so traders should prepare for the possibility of treacherous market conditions, especially if the incoming data surprises to the upside.
The Federal Open Market Committee (FOMC) minutes, released a few weeks after each policy meeting, offer traders valuable insights into the U.S. central bank’s thinking. These minutes can have a significant impact on the U.S dollar and gold prices.
Precious metals soar, with gold printing another new high and silver picking up where it left off last week. Prices appear immune to warnings of delayed rate cuts
USD/JPY remains close to making a fresh multi-decade high despite official warnings last week that the Yen was too weak. The question lingers: will the BOJ take action beyond verbal intervention to strengthen the Yen?
The disconnect between the US dollar and US treasuries recently is an interesting one but may have to do with improving EU sentiment. Upward surprise in CPI to jolt DXY?
Gold has soared and hit one record after another this year despite the rally in U.S. real yields, with the bulk of the bullish move taking place over the course of the past two months. What’s behind bullion’s boom?