Risk Sentiment Positive: VIX and Gold Move Lower, US Dollar Firms, Amazon’s Results Near
Risk assets continue to push ahead, albeit in quiet trading conditions, ahead of the latest Fed policy decision and the monthly US Jobs Report
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.
Aussie Dollar Technical Analysis: AUD/USD, AUD/NZD, AUD/JPY Price Setups
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
Euro Holds Gains Against Dollar Despite Sharp EUR/JPY Fall
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 Price Under Technical Pressure, All Eyes on Fed Rate Decision and NFPs
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 Plummets after Speculation of FX Intervention
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
Markets Week Ahead: FOMC, Apple, Amazon, USD/JPY, Gold, and USD Outlooks
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 Weekly Forecast: XAU/USD Bullish Drivers Dissipate
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?
US PCE Data Beats Expectations – Price Pressures Delay Rate Cut Plans
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
Japanese Yen Slumps to Fresh Multi-Decade Lows, USD/JPY Eyes US PCE Report
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.