Chinese Yuan (CNH) Muted While China's Economic Recovery Slows
Softer than expected economic data reinforces view that the Chinese economic recovery is slowing.
British Pound (GBP/USD) Boosted As UK Inflation Beats Expectations
GBP/USD moved back towards 1.4100, despite a robust US dollar, after the latest UK inflation report showed price pressures continuing to build.
Gold Prices Extend Lower as Traders Eye FOMC For Tapering Clues
Gold prices fell for a fourth day and broke a key chart support ahead of the FOMC meeting. Uncertainties surrounding the Fed’s timeline for tapering stimulus weighed on bullion and risk assets.
Swiss Franc Technical Forecast: USD/CHF, EUR/CHF, CHF/JPY Charts to Watch
The Swiss Franc has seen a bout of strength in recent months against several peer currencies. Here are technical levels to watch in USD/CHF, EUR/CHF, and CHF/JPY.
Crude Oil, USD/RUB Outlook : WTI Rising Before Fed, Biden-Putin Summit Volatility Risk
WTI continues to soar higher as global demand continues to outpace supply. Higher oil prices are strengthening the Russian Ruble ahead of the G7 meeting between Putin and Biden.
Dow Jones Retreats Ahead of FOMC, Nikkei 225 and ASX 200 Open Lower
Wall Street stocks were trading in a cautious mood on Tuesday as investors weighed disappointing retail sales data ahead of the FOMC meeting. Asia-Pacific markets may follow lower. Crude oil advanced.
New Zealand Dollar Faces Pressure After Widening Current Account Deficit
The New Zealand Dollar may face some additional pressure following the island-nation's current account deficit widening. Kiwi Dollar traders are looking ahead to tomorrow's GDP figures.
US Dollar Outlook: USD Volatility to Rise with Fed Decision Due
US Dollar volatility is likely to accelerate during Wednesday's trading session with the Federal Reserve set to release its latest monetary policy update. How might the Fed decision impact USD pric...
Brazilian Real Outlook: FOMC, COPOM could set the tone for USD/BRL near term
Key monetary policy decisions in the US and Brazil on Wednesday could boost USD/BRL volatility and pave the way for the next major move in price action.
Gold Price Retreats to Support Ahead of Pivotal FOMC Meeting
Gold sought out support this week as the precious metal looks to consolidate weeks of gains ahead of an all-important FOMC meeting. Despite an encouraging technical outlook, the Fed may decide gold...