Gold Price Latest - Clinging on toTrend Support as FOMC Looms Into View

The price of gold continues to nudge higher and holds onto a strong multi-month trend support line. Fed chair Jerome Powell’s commentary, post-FOMC decision, will guide the next move in the preciou...

from DailyFX - Market News https://ift.tt/3c1MI0J
via IFTTT

US Dollar Drifting Lower, What to Watch Out for FOMC Meeting

Market participants appear to be gearing for a dovish FOMC as the US Dollar is pushed lower.

from DailyFX - Market News https://ift.tt/2Rvuj2H
via IFTTT

British Pound (GBP) Latest: GBP/USD Shrugs off Inflation Data, Steady Pre Fed

GBP/USD held steady in early European trading Wednesday despite a sharp fall in UK inflation. Its next move will depend on the outcome of the Federal Reserve and BoE policy meetings.

from DailyFX - Market News https://ift.tt/35FcxCp
via IFTTT

USD/JPY Poised to Extend Slide as FOMC Rate Decision Shifts Into View

The USD/JPY exchange rate seems poised to extend its 8-day decline from the monthly high as the FOMC interest rate decision shifts into focus.

from DailyFX - Market News https://ift.tt/3knDjna
via IFTTT

US Dollar Fundamental Outlook: USD/SGD, USD/IDR, USD/PHP, USD/MYR

The US Dollar may rise against ASEAN currencies like the Singapore Dollar if local retail sales and sentiment data disappoints. USD/IDR may fall on the Bank of Indonesia.

from DailyFX - Market News https://ift.tt/3c4y7le
via IFTTT

AUD/USD Rate Forecast: 2020 High on Radar Following RBA Minutes

AUD/USD may continue to retrace the decline from the 2020 high (0.7414) as the RBA Minutes suggest the central bank will rely on its current tools to support the recovery.

from DailyFX - Market News https://ift.tt/3c4Di4v
via IFTTT

New Zealand Dollar Time Cycle: NZD/USD, NZD/JPY, NZD/CHF Key Levels

The New Zealand Dollar appears poised to extend its climb against its haven-associated counterparts as long-term trend break hints at cyclical upturn.

from DailyFX - Market News https://ift.tt/35GlpaU
via IFTTT

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).

from DailyFX - Market News https://ift.tt/2ZF0YYj
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2ZFz9Ps
via IFTTT

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 ...

from DailyFX - Market News https://ift.tt/3c2FLMX
via IFTTT

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.

from DailyFX - Market News https://ift.tt/3kxIYan
via IFTTT

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.

from DailyFX - Market News https://ift.tt/33LH4Mz
via IFTTT

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?

from DailyFX - Market News https://ift.tt/35F89mU
via IFTTT

DailyFX Education Summit: Trade Your Market

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

from DailyFX - Market News https://ift.tt/33uDzd8
via IFTTT

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.

from DailyFX - Market News https://ift.tt/35CqQaU
via IFTTT

Silver Forecast: Silver Confined to key Fibonacci Levels

A weaker Dollar brings Silver to a key Fibonacci level

from DailyFX - Market News https://ift.tt/3c1RTxK
via IFTTT

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.

from DailyFX - Market News https://ift.tt/3kd2uZk
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2FmGRas
via IFTTT

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.

from DailyFX - Market News https://ift.tt/3iyaRyn
via IFTTT

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.

from DailyFX - Market News https://ift.tt/33JkjZF
via IFTTT