AUD/USD Rates May Rise as Iron Ore Prices Soar to Multi-Year High

The AUD/USD exchange rate may rise on the back of soaring iron ore prices and falling Covid-19 case numbers in Australia’s second most populous state.

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Nasdaq Falls After Fed Minutes. ASX 200, Straits Times May Open Lower

The Nasdaq Composite fell 0.57% from the record high after the release of the Fed minutes. The ASX 200 and the Straits Times Index may follow the US stocks lower. The US Dollar index surged 0.77%.

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NZD/USD Rebound Fizzles as FOMC Minutes Foreshadow Change in Guidance

NZD/USD pulls back from the weekly high (0.6651) as the Federal Open Market Committee (FOMC) Minutes foreshadow a change in the forward guidance for monetary policy.

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S&P 500 and Gold Prices Wobble into Wall Street Close, AUD/USD May Fall

The S&P 500 and gold prices wobbled after the FOMC minutes undermined yield curve control bets. The AUD/USD may be vulnerable if Asia Pacific equities follow Wall Street lower.

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US Dollar & Treasury Yields Climb on Fed Meeting Minutes

The US Dollar and Treasury Yields are driving higher in response to July 2020 Fed meeting minutes that just crossed the wires, which highlighted a muted pace of asset purchases as market functionin...

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Dow Jones Forecast Largely Unchanged After Fed Minutes Despite Losses

The Dow Jones suffered minor losses following Wednesday’s FOMC minutes release. Still, the longer-term outlook remains conducive for further stock strength.

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Gold Price Wavers as USD Jumps Post-FOMC Minutes

Gold price action is tumbling as the US Dollar snaps sharply higher immediately after the July 2020 FOMC minutes release.

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US Dollar Cautious Ahead of FOMC, NZD/USD Flying High - US Market Open

Tentative session ahead of the FOMC minutes. Kiwi flying high despite negative rate calls, while UK inflation jumps.

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Euro Dollar Outlook: Price Action Stalls Ahead of FOMC

After nine consecutive weeks of gains, EUR/USD price action stalls ahead of FOMC

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Canadian Dollar Forecast: Key USD/CAD Levels to Watch

USD/CAD downtrend remains firmly intact as USD selling theme dominates pair. Risks for 1.30 handle.

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Canadian Dollar Forecast: Key USD/CAD Levels to Watch

USD/CAD downtrend remains firmly intact as USD selling theme dominates pair. Risks for 1.30 handle.

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British Pound (GBP) Latest: GBP/USD Prints a Fresh Yearly High, UK Inflation Picks Up

The latest ONS inflation release showed price pressures picking up in the UK as lockdown measures were eased. GBP/USD remains elevated after Tuesday’s rally.

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DAX 30 Index Eyeing Yearly Highs as German Bunds Approach Key Resistance

Germany’s DAX 30 index may push to fresh yearly highs as German Bunds struggle to breach key chart resistance.

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Crude Oil Prices Eye OPEC+ Meeting. Will Gold Rise on FOMC Minutes?

Crude oil prices are eyeing the upcoming OPEC+ online meeting and EIA inventory data. Will gold prices extend recent gains on the FOMC meeting minutes?

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Gold Price Stages V-Shape Rebound with Federal Reserve Minutes on Tap

The FOMC Minutes may do little to derail the V-shape rebound in the price of gold as the crowding behavior in the US Dollar looks poised to persist.

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US Dollar May Rise on US-China Trade War Risks, F-16 Jet Sale to Taiwan

The US Dollar may find itself in a favorable light if tension between the US and China over arms sales to Taiwan and delayed trade talks put a premium on haven-linked currencies.

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NZD/USD Rates Poised to Rise Despite Extension of Covid-19 Restrictions

NZD/USD rates appear poised to climb higher despite the extension of stage-three coronavirus restrictions in Auckland, New Zealand’s largest city.

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S&P 500 Hits Record High, USD at 2-Year Low, Hang Seng Trades Lower

The S&P 500 index climbed to its all-time high at 3,389. The US Dollar index fell to its lowest level seen since May 2018. Hang Seng Index may open lower.

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EUR/USD Rally Pushes RSI Into Overbought Zone Ahead of FOMC Minutes

It remains to be seen if the FOMC Minutes will derail the EUR/USD rally as the Relative Strength Index (RSI) climbs above 70 for the fourth time this year.

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AUD/USD Eyes Key Ceiling as US Dollar Slides Deeper into 2-Year Low

AUD/USD is flirting with key resistance and is in part being aided by strong risk appetite and relentless selling pressure in the US Dollar.

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