NZD Surprise by RBNZ, SNB Focus on EUR/CHF Drop to Rise
EUR/CHF downside limited from current levels. RBNZ provides NZD surprise
Euro Outlook: EUR/USD Just Holding On To 1.17 as EUR/GBP Attempts New Breakout
EUR/USD gets closer and closer to breaking below 1.17, EUR/GBP bullish run fizzles out above descending channel
Gold Price Outlook – More of the Same Ahead of FOMC, Jackson Hole
Gold remains stuck in a wide trading range and needs a driver - will the latest FOMC minutes reveal anything of note?
Gold Price Outlook – More of the Same Ahead of FOMC, Jackson Hole
Gold remains stuck in a wide trading range and needs a driver - will the latest FOMC minutes reveal anything of note?
British Pound (GBP) Price Outlook: GBP/USD Rally Possible Despite Weak UK Inflation
GBP/USD edged higher Wednesday despite lower than expected UK CPI numbers, suggesting that a bounce is now possible after the pair’s slide that began late last month.
US Dollar Eyes FOMC Minutes for Next Move. Where To for EUR/USD?
The US Dollar looks to minutes from July’s FOMC meeting for its next move. Covid held back the RBNZ from raising rates, providing some NZD volatility. Will EUR/USD support levels hold?
Copper, Natural Gas Outlook: China Data Drags Copper. Hot Temps May Lift Natural Gas
Copper prices have come under pressure as weak economic data in China and the United States drags on the industrial metal. Meanwhile, natural gas prices may rise on higher mercury readings in the US.
Gold and Silver Hold Breath for FOMC Minutes, Geopolitical Tensions in Focus
Gold prices hovered at around $1,788 during Wednesday’s APAC trade as traders awaited the release of FOMC meeting minutes. Geopolitical unrest in Afghanistan may buoy the demand for precious metals.
New Zealand Dollar Drops as RBNZ Holds Back Rate Hike on Covid Flare-Up
The New Zealand Dollar sank after the RBNZ left the Official Cash Rate at 0.25%. A hike to 0.50% was expected. Will NZD/USD push lower through 0.6880?
Nasdaq 100 Pulls Back as Retail Sales Miss, Asia-Pacific to Extend Lower
Wall Street stocks retreated broadly as US retail sales figures fell short of market expectations, spurring growth concerns. Traders are eyeing today’s FOMC meeting minutes for clues about the Fed’...