Muted Reaction to US CPI Puts Further Bearish Pressure on USD/CNH
The US Dollar fails to bounce higher after stronger than expected US CPI, causing USD/CNH to fall further
Natural Gas Forecast: EIA Storage Report in Focus After Bullish Export Outlook
Natural gas spot prices have been on the rise, recapturing a key trendline, following the EIA's Short-Term Energy Outlook. Where can prices head from here?
Crude Oil, Gold Price Outlook: US Lifts Sanctions on Some Iranians, Inflation Ignored
Crude oil prices shrugged off the US lifting sanctions on some Iranian officials as gold did the same after eye-popping inflation data. What is the technical picture for WTI and XAU/USD?
Nasdaq 100 May Lead Hang Seng, ASX 200 Higher as Market Shrugs Off CPI
The Nasdaq 100 index rallied as investors shrugged off a stronger-than-expected US inflation data. Jobless claims reached a pandemic-low. Asia-Pacific markets look set to trade higher amid improved...
Nasdaq 100 May Lead Hang Seng, ASX 200 Higher as Market Shrugs Off CPI
The Nasdaq 100 index rallied as investors shrugged off a stronger-than-expected US inflation data. Jobless claims reached a pandemic-low. Asia-Pacific markets look set to trade higher amid improved...
US Dollar Analysis: Hot Inflation and a Potential Infrastructure Bill - More Weakness Ahead?
A bipartisan group of 10 Senators reached a preliminary agreement on infrastructure on Wednesday, potentially paving the way for a bill to be put in front of both Congressional chambers in the comi...
Australian Dollar Forecast: AUD/USD Rises as Post-CPI Bond Yield Drop Drags US Dollar
The Australian Dollar looks to close out a quiet session on a higher note following key economic data prints that left the market with little reaction.
DAX 30 & FTSE 100 Wedge Breaks Look Imminent, Catalyst Required
The DAX 30 and FTSE 100 have worked themselves into similar rising wedge patterns that may suggest a break lower is imminent. That said, such a breakdown may be difficult to establish given current...
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
The ECB’s June meeting is in the rearview mirror, while the BOE is due up in two weeks’ time.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar is down on the day despite the 5% inflation print from this morning. Attention is now shifting towards next week's FOMC.