USD/JPY Reverses Ahead of 2021 High with US PCE Price Index on Tap
USD/JPY appears to have reversed course ahead of the 2021 high (110.97) as the exchange rate carves a series of lower highs and lows from the June high (110.82).
USD/ZAR Forecast: SA Rand Pulling Back After Hawkish Fed Scare
The rand is slowly clawing back lost gains after last weeks poor performance against the dollar. This being said, was last week an overreaction to the Fed announcement or will the ZAR continue it’s...
Euro Latest: EUR/USD Recovery Faces Hurdle, Powell Risk Ahead
Fallout from the FOMC’s Hawkish Surprise Continues to Reverberate Around the Market.
Bitcoin (BTC), Ethereum (ETH) Sell-Off Accelerates Into Support, Crypto Market a Sea of Red
The weekend sell-off continues today as the cryptocurrency market crumbles with double-digit losses seen across the board
DAX 30 Outlook: Looking for New Trend as Economic Recovery Stabilizes
European stocks continue their pullback as inflation expectations weaken on hawkish Fed projections
DAX 30 Outlook: Looking for New Trend as Economic Recovery Stabilizes
European stocks continue their pullback as inflation expectations weaken on hawkish Fed projections
British Pound (GBP/USD) Breaks Supportive Trendline Ahead of Bank of England (BoE) Meeting
GBP/USD has broken below a multi-month supportive trendline, hitting a two-month low.
Crude Oil Prices Rise as Iran Nuclear Talks Yield No Progress
WTI crude oil prices extended higher as nuclear talks between world powers and Iran yielded little progress. Prices are also buoyed by demand optimism and tight supply conditions.
Gold Prices Vulnerable to Further Losses as Tapering Fears Intensify
Gold prices paused a six-day decline and stabilized near $1,770 – a chart support level. The US Dollar retreated slightly. Concerns surrounding the Fed tapering stimulus may weigh on the precious m...
US Dollar Forecast: Fed Offers Best Week in Months, Pressuring SGD, THB, IDR, PHP
The US Dollar may gain versus ASEAN currencies like the Singapore Dollar, Thai Baht and Philippine Peso after the Fed projected 2 rate hikes by the end of 2023. All eyes on US PCE data.