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Showing posts with label Fx update. Show all posts
Showing posts with label Fx update. Show all posts
Thursday, 11 April 2024

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...

USD/JPY Outlook: Hot US Inflation Propels USD/JPY to Worrying Levels

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Japanese finance officials issued a further warning centered around the volatility of recent yen weakness, explicitly mentioning USD/JPY lev...
Wednesday, 10 April 2024

US Dollar Soars after US CPI Data; USD/JPY Stages Bullish Breakout. What Now?

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The U.S. dollar rallied vigorously on Wednesday, fueled by hotter-than-expected U.S. inflation numbers – an upswing that propelled USD/JPY t...

Trading Emerging Market Forex Pairs - USD/MXN, USD/BRL, USD/ZAR, USD/INR, USD/CNH

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In the dynamic realm of forex trading, emerging market currency pairs have garnered significant attention in recent years for their unique b...

Navigating Volatile Markets: Strategies and Tools for Traders

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Traders are drawn to volatility due to increased trading opportunities. However, volatile markets require skill, experience, and effective r...

Gold Rally Continues, US Inflation Data the Next Obstacle to Clear

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The precious metal remains bid and in record high territory, underpinned by ongoing fears in the Middle East. Today’s US inflation data may ...
Tuesday, 9 April 2024

US Inflation Preview: US Dollar & Stocks on Edge. How to Trade this Risk Event?

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Wednesday's U.S. inflation report has the potential to cause significant volatility, so traders should prepare for the possibility of tr...

FOMC Minutes: Strategies to Trade USD FX Pairs and Gold

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The Federal Open Market Committee (FOMC) minutes, released a few weeks after each policy meeting, offer traders valuable insights into the U...

Japanese Yen Nears a Multi-Decade High, Will Talk Turn to Action?

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USD/JPY remains close to making a fresh multi-decade high despite official warnings last week that the Yen was too weak. The question linger...

US Dollar Retreats Ahead of US CPI, Treasuries Seen Rising

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The disconnect between the US dollar and US treasuries recently is an interesting one but may have to do with improving EU sentiment. Upward...
Monday, 8 April 2024

Gold Price Outlook: Drivers Behind Market Boom, Reversal or New Record Ahead?

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Gold has soared and hit one record after another this year despite the rally in U.S. real yields, with the bulk of the bullish move taking p...

EUR/USD: Top 10 Trading Strategies for Different Market Conditions

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EUR/USD, the most heavily traded currency pair in the forex market, provides a wealth of attractive opportunities for retail traders. Its un...

Kiwi and Aussie Outlook Ahead of the RBNZ Meeting

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The Reserve Bank of New Zealand (RBNZ) is likely to keep rates on hold due to stubbornly high inflation. Rate cuts are still some way off. A...

Bitcoin (BTC) Nears New All-Time High as Halving Event Looms, Coinbase (COIN) Benefits

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Bitcoin is above $72k to start the week and is looking set to print a new all-time high ahead of the highly anticipated halving event later ...

Oil Price Update: Israeli Troops Withdraw from the South, Peace Talks Underway

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Israeli troops have been withdrawn from Southern Gaza in response to the recent backlash. Peace talks also got underway in Egypt at the week...

US Dollar Grabs an Early Bid, Rate Cut Now Seen as 50/50, Gold Rallies Further

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The US dollar has opened the week on the front foot, supported by higher US Treasury yields. A June US rate cut is now seen as 50/50 from ...
Sunday, 7 April 2024

Markets Week Ahead: Gold, US Dollar, Euro, Pound Sterling

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This week sees crucial US inflation (CPI) data alongside deliberations from the European Central Bank on monetary policy. FOMC minutes may a...
Saturday, 6 April 2024

US Dollar’s Outlook Rides on US Inflation Data - EUR/USD, USD/JPY, GBP/USD

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The U.S. dollar lost ground this past week, but the tide could turn back in its favor in the coming days, especially if Wednesday's U.S....
Friday, 5 April 2024

Japanese Yen (USD/JPY) On Edge After Official Verbal Intervention, NFPs Next

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Japanese PM Fumio Kishida put the market on notice today that he will take action if there are any further excessive moves in the value of t...
Thursday, 4 April 2024

EUR/USD and Oil – Awaiting Fibonacci Resistance Breakout for Bullish Continuation

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This article explores breakout strategies with insights into two potential trade setups on EUR/USD and crude oil prices. In the piece, we al...