Australian Dollar Outlook: AUD/USD Sinks on Fed Remarks as Trade Balance Eyed
The Australian Dollar was on the way up following this week's RBA rate decision. However, Fed commentary sent AUD/USD lower. Australia's June trade balance figures are in focus.
Brazil Central Bank Hastens Rate Hikes to Strangle Inflation, USD/BRL in Peril
Brazil’s Central Bank raises the Selic rate by 100 basis points to 5.25% and indicates that its baseline scenario includes quicker monetary tightening to tame inflation.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD
The US Dollar put in a spike this morning on the back of comments from FOMC Vice Chair, Richard Clarida. NFP is on the docket for Friday - can USD bulls maintain?
Former Fed Advisor Danielle DiMartino Booth Talks US Economy, Women in Finance & Trading
American economist and former advisor at the Dallas Federal Reserve Danielle DiMartino Booth sits down for a conversation about the US economy.
AUD/USD Post-RBA Recovery Remains Intact Ahead of US NFP Report
AUD/USD may stage a larger recovery ahead of the US Non-Farm Payrolls (NFP) report as it extends the series of higher highs and lows from the start of the week.
EUR/USD Nosedives on Record US Services PMI, Clarida Remarks
EUR/USD price action just snapped sharply lower driven by an influx of US Dollar strength following a new record high for US Services PMI data and semi-hawkish remarks from Fed's Clarida.
Gold Forecast: Gold Edges Higher Ahead of NFP
Gold and Silver edge higher ahead of Friday’s Non-Farm Payrolls (NFP) report. Will Gold be the inflation hedge of choice?
Canadian Dollar Forecast: Crude Oil Drop Leaves Loonie at Risk
Canadian Dollar sentiment softens as crude oil drops 4% on the week. USD/CAD dips to find support.
Gold Price Forecast: Monotony Continues in XAU/USD as Focus on NFP Increases
Gold is once again trapped in a tight range as Fed members point to job market for guidance
New Zealand Dollar (NZD) Rallies Hard as Rate Hike Expectations Jump Further
The Reserve Bank of New Zealand is now fully expected to begin increasing interest rates in mid-August, boosting the appeal of the New Zealand dollar.