Consumer Inflation Expectations Hit 4%, Dollar Unmoved as Traders Eye the Fed Meeting
Consumer inflation expectations in the U.S. rise to 4% in May from 3.4% in April, reaching its highest level since 2013, but fail to spur volatility in the dollar.
Euro Technical Analysis: Losing Steam Ahead of FOMC - Levels for EUR/GBP, EUR/JPY, EUR/USD
The Euro has not made much progress in June and may be nearing a short-term inflection point as a result.
USD/CAD Clears June Opening Range with FOMC Rate Decision on Tap
USD /CAD may attempt to test the May high (1.2352) if the Federal Open Market Committee (FOMC) shows a greater willingness to switch gears later this year.
Markets Week Ahead: Nasdaq, Dow Jones, US Dollar, Fed, Gold, Crude Oil, Yen, BoJ
Traders rotated back into the Nasdaq Composite as it outperformed the Dow Jones. Inflation expectations and Treasury yields are falling ahead of the highly-anticipated Fed. Highlights next week inc...
US Dollar Short Squeeze, GBP/USD Fights for Support, USD/CAD Bottom?
G10 FX ranges facing a test after USD short squeeze. All eyes on FOMC.
Bitcoin (BTC/USD) Rallies Towards $40,000 as Elon Musk Tweet Fuels Positive Sentiment
Bitcoin rallied the best part of 10% over the weekend after Elon Musk said that Tesla would, conditionally, allow Bitcoin transactions in the future
USD/ZAR Forecast: Rand Traders Tentative Ahead of U.S. Economic Data
Rand traders look forward to the FOMC meeting outcome later this week with USD/ZAR opening the week marginally stronger. Rand analysis points to short-term bullishness as we head into Q3.
British Pound Price Outlook: GBP/USD Shakes Off Reopening Concerns, Focus on Inflation Data
GBP/USD continues to trade within its range as investors weigh reopening delay and economic outlook
Crude Oil Prices Surge to 32-Month High on Demand Optimism
WTI crude oil prices surged to the highest level since October 2019, buoyed by demand optimism and tight supply conditions. Investors are assessing a rosy demand outlook and inventory changes this ...
Gold Prices Fall as Fed Balance Sheet Hits $8 Trillion, Reverse Repo Surges
Gold prices fell for a second day as the US Dollar strengthened. Demand for the Fed’s reverse repo facility hit an all-time high. Seemingly excessive liquidity conditions may strengthen the case fo...