US Dollar Outlook: USD Eyes Consumer Sentiment Data Due
The US Dollar edged slightly higher during Thursday's trading session with the broader DXY Index gaining 0.12% on balance. How might consumer sentiment data sway the direction of USD price action?
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update
After a strong July US nonfarm payrolls report and more hot inflation readings, Fed rate hike odds are creeping higher ahead of the August gathering in Jackson Hole.
Banxico Hikes Rates to 4.5% but Fails to Trigger a Bullish Move in the Mexican Peso
Banxico tightens monetary policy for the second time this year and raises the overnight interest rate by 25 bp to 4.50% to combat rising inflationary pressures in the economy.
Gold Price Forecast: Gold Snaps Back, Tests Key Resistance - GLD Levels
Gold prices opened the week with a nasty sell-off that threatened the 2021 low. But, the rest of the week has been spent with Gold prices trying to recover.
EUR/USD Defends March Low Despite Slew of Hawkish Fed Rhetoric
EUR/USD may track the range from the first half of the year as the exchange rate appears to be defending the March low (1.1704).
Football Legend Lionel Messi Embraces Cryptocurrencies with PSG Fan Tokens
The shock summer football move that saw Lionel Messi move to Paris St Germain included a lump of PSG Fan Tokens in his lucrative transfer package
AUD/USD Forecast: Aussie Dollar Indecisive as Rectangle Pattern Forms
The Australian dollar has been able to stem the tide against adverse factors such as COVID-19 and lower commodity prices as we wait for further AUD/USD price drivers.
USD Risks Remain to the Upside Despite Inflation Induced Dip
US Dollar dip to be faded, summer lull kicks in.
Canadian Dollar Forecast: USD/CAD Remains in The Clutches of The US Dollar
USD/CAD is currently stuck in a low volatility rut and with little Canadian economic data of note released over the next few days, US dollar price action will determine the pair's fate
Gold Price Forecast: XAU/USD Bulls to Face Critical Fibonacci Level
Gold has been able to pick up some bullish momentum on the back of the latest US CPI data, but are buyers strong enough to break a key resistance?