US Dollar Strength Might Fade as Powell Downplays Fed Dot Plot
The US Dollar is trading sharply higher in the wake of the latest Federal Reserve announcement, but Fed Chair Powell's dovish downplay of upgraded dot plot projections could see USD strength fade.
USD/ZAR Forecast: Fed Hawkish Surprise Depresses Rand Gains
The Federal Reserve interrupted markets today with a slightly more hawkish tone than previously expected. This pushed USD/ZAR to levels last seen in may but will the Rand pull back lost gains as ma...
Oil Price Rally Eyes 2018 High as RSI Pushes Into Overbought Territory
The overbought reading in the Relative Strength Index (RSI) may continue to be accompanied by higher crude oil prices like the behavior seen earlier this year.
US Dollar, Yields Surge as Fed Brings Forward Taper Timeline
The US Dollar is spiking higher alongside Treasury bond yields as markets react to the latest Fed announcement, which shows two interest rate hikes penciled in the dot plot by the end of 2023.
Gold Price Forecast: XAU Pullback Ahead of FOMC - GLD Levels
Gold prices have pulled back from the bull flag breakout, and are now sitting on a massive spot of support ahead of the FOMC.
EUR/USD Rate Bounces Back From 50-Day SMA Ahead of FOMC Rate Decision
EUR/USD bounces back from the 50-Day SMA (1.2104) ahead of the Fed rate decision, with the central bank expected to retain the current course for monetary policy.
FOMC Event Risk: How Will the Market React
Federal Reserve the main event of the week. Dot plots, Fed statement and Powell press conference in focus.
EUR/GBP Price Forecast - Rangebound For Now But Support May Soon be Tested
EUR/GBP remains stuck in a rut but the recent series of lower highs suggests buyers are running out of steam
US Dollar Setup: USD/CAD, USD/JPY, EUR/USD Ahead of FOMC
The US Dollar is holding range as investors await Fed’s views on rising prices
Crude Oil Price Outlook: Strength to Persist as Global Economy Expands
The price of Brent crude oil has hit its highest level since April 2019 and is well placed to advance further although, as ever, prices could consolidate first.