US Crude Oil Hands Back Early Gains As Demand Doubts Resume Control
Oil prices have plenty of support, both fundamental and technical, but, still, few obvious reasons to rise
USD, Nasdaq and Yields – How are Major Markets Positioned Ahead of US CPI?
US CPI is expected to take a step back, something the Fed has been searching for all year after multiple stubborn prints dented the committee’s confidence in taming prices
US Inflation Preview: How Will CPI Data Impact Gold, the US Dollar & Yields?
Wednesday’s U.S. inflation report has the potential to stir volatility across assets, so traders should prepare for the possibility of treacherous market conditions, especially if the upcoming CPI numbers surprise to the upside by a wide margin.
Gold Prices Bid Despite Hot PPI, Inflation Data Next – What Now for XAU/USD?
Wednesday’s U.S. inflation report will be closely watched by market participants. Unexpected outcomes may unleash volatility, prompting dramatic shifts in gold prices.
USD/JPY Surges Despite Warnings: Interest Rate Differential Fuels Carry Trade
The Japanese yen continues to depreciate, testing Japanese officials ahead of US CPI data. Officials remain focused on undesirability of FX moves, not levels
Euro Hovers Warily Against the Dollar Before the Week’s Main Events
Some more perky German sentiment data couldn’t do much for a market fixated firmly on bigger fish coming up later this week
Sterling Steady as UK Jobless Rate Rises, Wage Pressures Keep BoE Vigilant
UK unemployment rose while wages failed to ease in March. Restrictive policy is having an effect on employment but less so on wages. US CPI will be the main catalyst tomorrow
Gold, EUR/USD, USD/JPY – Price Action Analysis and Technical Outlook
This article provides an analysis of the technical outlook for gold, EUR/USD and USD/JPY, examining recent market trends and price action dynamics to identify potential trading opportunities for the near term.
Gold and Silver Back Away from Key Resistance as Bullish Momentum Eases
Gold and silver begin the week on the back foot but CPI may provide the catalyst this week after prior prints remained stubbornly high. Silver respects resistance zone
British Pound Sticks To Range Before UK Labor Stats, Powell and US Inflation
GBP/USD remains in the green at the start of a week which offers plenty of likely trading interest, mostly from the US side