GBP/USD Eyes Trend Support as US Dollar Awaits Fed Dot Plot

GBP/USD price action has drifted lower with UK covid cases back on the rise, but the cable's direction likely hinges on how the US Dollar responds to the Fed dot plot update and threat of tapering.

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FX Week Ahead - Top 5 Events: Fed Meeting; US Retail Sales; Canadian & UK Inflation Rates; Australian Jobs Report

The third week of June brings forth a saturated macro calendar.

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Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

The US indices await the June Fed meeting for clarity on economic projections, the state of inflation and the probable path of monetary policy. With much on the line, the event could revive volatil...

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AUD/USD Rate Stuck in Defined Range Ahead of Fed Meeting

The Federal Reserve rate decision is likely to sway the near-term outlook for AUD/USD as the central bank is slated to update the Summary of Economic Projections (SEP).

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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Has Bitcoin Bottomed? PTJ Makes Crypto Bull Case (Again)

Bitcoin (BTC/USD) put in a fresh higher-high this morning as a couple of high-profile market participants added some supportive commentary on the matter.

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Consumer Inflation Expectations Hit 4%, Dollar Unmoved as Traders Eye the Fed Meeting

Consumer inflation expectations in the U.S. rise to 4% in May from 3.4% in April, reaching its highest level since 2013, but fail to spur volatility in the dollar.

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Euro Technical Analysis: Losing Steam Ahead of FOMC - Levels for EUR/GBP, EUR/JPY, EUR/USD

The Euro has not made much progress in June and may be nearing a short-term inflection point as a result.

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USD/CAD Clears June Opening Range with FOMC Rate Decision on Tap

USD /CAD may attempt to test the May high (1.2352) if the Federal Open Market Committee (FOMC) shows a greater willingness to switch gears later this year.

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Markets Week Ahead: Nasdaq, Dow Jones, US Dollar, Fed, Gold, Crude Oil, Yen, BoJ

Traders rotated back into the Nasdaq Composite as it outperformed the Dow Jones. Inflation expectations and Treasury yields are falling ahead of the highly-anticipated Fed. Highlights next week inc...

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US Dollar Short Squeeze, GBP/USD Fights for Support, USD/CAD Bottom?

G10 FX ranges facing a test after USD short squeeze. All eyes on FOMC.

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Bitcoin (BTC/USD) Rallies Towards $40,000 as Elon Musk Tweet Fuels Positive Sentiment

Bitcoin rallied the best part of 10% over the weekend after Elon Musk said that Tesla would, conditionally, allow Bitcoin transactions in the future

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USD/ZAR Forecast: Rand Traders Tentative Ahead of U.S. Economic Data

Rand traders look forward to the FOMC meeting outcome later this week with USD/ZAR opening the week marginally stronger. Rand analysis points to short-term bullishness as we head into Q3.

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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British Pound Price Outlook: GBP/USD Shakes Off Reopening Concerns, Focus on Inflation Data

GBP/USD continues to trade within its range as investors weigh reopening delay and economic outlook

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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Crude Oil Prices Surge to 32-Month High on Demand Optimism

WTI crude oil prices surged to the highest level since October 2019, buoyed by demand optimism and tight supply conditions. Investors are assessing a rosy demand outlook and inventory changes this ...

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Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.

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Gold Prices Fall as Fed Balance Sheet Hits $8 Trillion, Reverse Repo Surges

Gold prices fell for a second day as the US Dollar strengthened. Demand for the Fed’s reverse repo facility hit an all-time high. Seemingly excessive liquidity conditions may strengthen the case fo...

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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