Gold, Dollar & Nasdaq React to FOMC Decision, Fresh Projections

The September 2020 FOMC press statement just crossed the wires and shows that the Fed decided to leave rates on hold as expected, but updated economic projections are weighing on markets.

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US Dollar Price Forecast: USD Descending Triangle for FOMC

The US Dollar has built into a descending triangle ahead of today's FOMC rate decision - will USD bears get another run at the lows?

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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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South African Rand Forecast: USD/ZAR, GBP/ZAR, EUR/ZAR Setups

South African Rand strengthens testing key Fibonacci levels

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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...

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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.

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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.

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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.

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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.

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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.

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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.

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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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