US Dollar Stays Strong After PCE Inflation, Spending Data
The US Dollar is trading broadly stronger on Friday, but USD price action might look to trim some of its gains following in-line PCE inflation and personal spending data just released.
Euro Latest: EUR/USD Upside Exhausted, Risking a Pullback
EUR/USD holding support for now. Upside looking exhausted.
British Pound (GBP) Outlook Remains Positive Going Into The Long Weekend
The British Pound remains bid going into the long weekend after hawkish commentary from Bank of England policymaker Gertjan Vlieghe
Gold Price Rise May Fizzle as US PCE Data Beckons Fed Action
Gold prices may turn lower having stalled near the $1900/oz figure if US PCE data registers hotter inflation than expected, beckoning the Fed to rethink its stimulus programs.
Euro Technical Outlook: EUR/USD, EUR/CHF Chart Levels
EUR/USD and EUR/CHF are in sensitive technical positions as the month draws to a close. Where to next?
Nasdaq 100 Retreats as Reddit Retail Frenzy Returns, Hang Seng Index May Climb
The Nasdaq 100 index pulled back as small-cap stocks outperformed larger ones. Reddit traders pushed AMC Entertainment 35% higher. APAC markets look set to open steadily following strong US jobs data.
Bitcoin (BTC) Analysis: Price Remains Vulnerable Despite Recent Bounce
Bitcoin appears to have settled down following a wave of panic selling and forced liquidations, but the cryptocurrency remains vulnerable in the near-term.
NZD/USD Aims Higher But US PCE May Spark Volatility on Fed Policy Rethink
NZD/USD is aiming higher as the week draws on, but the upcoming US PCE print may spark a bout of volatility.
USD/JPY Jumps to Monthly High, US Dollar Eyes PCE Inflation Due
USD/JPY catapulted higher on Thursday as Treasury yields climbed and exacerbated Yen weakness. The US Dollar now looks to the upcoming release of PCE inflation data for direction.
The Scary Fed Number Everyone is Talking About
Volumes across the Federal Reserve’s open markets desk suggest that excess liquidity is being drained from financial markets. Is this the start of the taper?