USD/CAD Outlook Hinges on Fed Summary of Economic Projections (SEP)

The Federal Reserve interest rate decision may sway USD/CAD as the central bank is scheduled to release the updated Summary of Economic Projections (SEP).

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Gold Prices Ripe for Breakout? Election Polls Show Diverging Trend

Gold prices may be nearing the end of a congestive interim and are ready to break out as 2020 presidential election data shows a diverging trend.

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Fed Meeting Preview: US Dollar Hinges on Guidance from Powell

US Dollar sits in the hot seat headed into the September FOMC rate decision scheduled to cross market wires this Wednesday. The Fed is expected to provide updated economic projections, which Chair ...

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DAX 30, FTSE 100, CAC 40 Forecasts for the Week Ahead

European equity indices will look to keep pace with the Nasdaq 100 this week as tech rebounds and drives risk appetite. Lacking significant tech exposure, the DAX 30, FTSE 100 and CAC 40 may lag.

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AUD/USD Price Outlook: Aussie Ascends on China Data, FOMC Eyed

The Aussie-Dollar is trading on its front foot so far with spot AUD/USD higher by about 0.2% intraday thanks to rosy economic data out of China, but the FOMC decision on deck looms large.

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Dow Jones Price Forecast: Big Support Holds Ahead of FOMC

US equities were tapped-lower to start September, but tomorrow brings the Fed. Will the FOMC prod equities higher?

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DailyFX Education Summit: Trade Your Market

The DailyFX Education Summit will be held online from September 15 to September 17. Register now!

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Market Sentiment May Rally Further as FOMO Trades Boost Prices | Webinar

Traders are reasonably confident heading into this week’s three major central bank meetings, and fear of missing out may boost ‘risk-on’ prices further in the days ahead.

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Silver Forecast: Silver Confined to key Fibonacci Levels

A weaker Dollar brings Silver to a key Fibonacci level

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Japanese Yen Outlook: USD/JPY, EUR/JPY Key Levels to Watch

Downside risks growing for USD/JPY, while EUR/JPY holds range ahead of FOMC.

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EUR/USD Remains Underpinned as German ZEW Sentiment Improves in September

The latest ZEW sentiment data beat market expectations and helped the Euro push marginally higher against the US dollar. Wednesday’s FOMC meeting will drive the next move.

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British Pound (GBP) Latest: GBP/USD, EUR/GBP Stabilizing, Focus on Brexit

Sterling is steadying after its recent weakness, with Brexit, the Bank of England and UK economic data likely to dominate trading for the rest of this week.

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DAX 30 Index At Risk Of Reversal as German Bunds Eye Monthly High

Germany’s DAX 30 Index is at risk of reversing lower as German 10-year Bunds eye a push to fresh monthly highs.

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EUR/USD Rate Eyes 2020 High as RSI Threatens Downward Trend

EUR/USD may continue to retrace the decline from the 2020 high (1.2011) as the RSI threatens the downward trend carried over from the end of July.

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Australian Dollar Gains as China Data Assures Wait-and-See RBA Policy

The Australian Dollar surged back above the 0.73 level as Chinese industrial production and retail sales data exceeded expectations.

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Nasdaq 100, ASX 200, Straits Times Forecast: Will This Rebound Last?

The Nasdaq 100 index rebounded a second day on vaccine hopes and Oracle’s potential bid for TikTok’s US business. Asia-Pacific stocks look set to open mixed. China data are in focus.

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NZD/USD Outlook: Tilt in Retail Sentiment Persists Ahead of FOMC

The crowding behavior in NZD/USD persist ahead of the Fed rate decision even though the central bank prepares to release the updated Summary of Economic Projections (SEP).

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SPX Analysis: Oracle Wins TikTok Bid, Biden Maintains Lead in Polls

The S&P 500 is trading at key resistance as Oracle wins the bid to acquire TikTok. Election polls show Biden maintaining a strong lead over Trump.

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Pound Sterling Searches for Support as Brexit Bill Roils GBP

GBP price action comes back under pressure as the Brexit Withdrawal Agreement now hangs in jeopardy with UK politicians agreeing to move forward with the highly scrutinized Internal Market Bill.

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US Dollar Outlook: USD Price Action Focused on Fed Meeting

FX traders align their crosshairs with USD price action as market participants gear up for the Fed meeting scheduled this week. How might the Federal Reserve decision impact US Dollar outlook?

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