EUR/USD Rises after Shock US PMI Highlights Demand Weakness
EUR/USD received a much needed reprieve from USD dominance after flash PMI data for April highlighted potential concerns for the US. EUR/GBP surrenders recent gains
British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations
Sterling scored a little bounce against the Dollar, but monetary policy expectations will continue to make durable gains tough
Gold’s Surge Halted as Risk Appetite Returns, US Economic Data in Focus
The precious metal has lost around 5% of its value since last Friday as risk assets benefit from the current pause in the Israel-Iran conflict
Yen Alert: Suzuki Stresses Trilateral Support Ahead of Golden Week
Massive yen shorts raises the risk of a sharp USD/JPY reversal should authorities intervene in the FX market to strengthen the yen. US PCE a potential catalyst?
Risk Sentiment Snapshot: Gold, Silver and S&P 500 Price Trends
Risk sentiment has improved at the start of the week, seeing notable moves across typically risk sensitive assets in a week when US data and tech earnings take center stage
Japanese Yen Latest: USD/JPY and GBP/JPY Technical Analysis and Outlooks
The Bank of Japan’s latest policy decision, US Q1 GDP, and Core PCE data makes this an important week for USD/JPY traders.
EURUSD Steadies As Market Looks Ahead To Key US Inflation Numbers
The Euro’s sharp slide has relaxed a little but there are still few if any reasons to back the single currency over the greenback
Aussie Dollar Outlook: Sentiment Reversal Fuels AUD Recovery
The Aussie dollar attempts to claw back losses on an improving risk outlook. However, declining Aussie inflation and hot US data (GDP, PCE) pose a threat to AUD
GBP/USD, EUR/GBP Outlooks – Sterling Weakens After Bank of England Commentary
Sterling fell late Friday after BoE dep gov Dave Ramsden reiterated governor Bailey’s recent view that inflation is set to drop sharply
Markets Week Ahead: Gold, EUR/USD, USD/JPY – BoJ, US GDP, Core PCE, Big Tech Earnings
The upcoming week brings the Bank of Japan’s monetary policy decision and a flurry of high-impact economic data and earnings, setting the stage for potential volatility in financial markets.