Bitcoin (BTC) Eyes a Fresh Multi-Month High, Solana (SOL) Continues to Outperform
Bitcoin is pushing higher again and is close to printing a fresh multi-month high as the cryptocurrency risk on rally continues.
CAD Price Forecast: Loonie Flirts With Key Support
USD/CAD prices are trading at extreme levels ahead of Canadian earnings and retail sales as well as the US GDP report.
FTSE 100 Rallies on Softer Inflation, Dax 40 and S&P 500 Grind Higher Still
Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflations surprises to the downside.
Gold (XAU/USD) Price – Lining Up for a Year-End Rally if US Inflation Cooperates?
Gold is pushing gently higher and testing old resistance levels ahead of the last major data release of the year, US PCE. Will a benign number give gold another push higher?
GBP Breaking News: CPI Miss Aligns UK With Other Economies
GBP prices weakened as UK inflation showed a drastic decline that could lead to the BoE cutting rates earlier than expected.
Gold Price Forecast: Bulls Seize Control on Growing Safe Haven Appeal, $2050 Up Next
Gold enjoyed a rally toward the $2050/Oz mark before facing some selling pressure as Fed rate cut expectations continue to sway back and forth. PCE data later in the week could prove key to where Gold prices end the week.
US Dollar on Breakdown Watch After Fed Pivot, Setups on EUR/USD, USD/JPY, GBP/USD
This article focuses on the outlook for the U.S. dollar and analyzes the technical profile for major FX pairs such as EUR/USD, USD/JPY and GBP/USD.
US Dollar (DXY) Latest: Markets Ignore Fed Rate Pushback, GBP/USD and EUR/USD
A concerted effort by various Fed officials over the past few days to dampen market expectations of multiple rate cuts in 2024 is not having the desired effect at the moment.
Dow and Nasdaq 100 hold firm, while Nikkei 225 Rallies
US indices continue to consolidate, but the Bank of Japan’s (BoJ) decision to leave policy unchanged has given the Nikkei 225 a boost.
Japanese Yen Pared Back and Nikkei Advances after BoJ Keeps Rates on Hold
BoJ holds out on rate change as unconvincing inflation and wage growth data fail to move the needle. Q1 wage negotiations will be key, as will inflation. JPY down, Nikkei up