GBP/USD moved back towards 1.4100, despite a robust US dollar, after the latest UK inflation report showed price pressures continuing to build.
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Tuesday, 15 June 2021
Gold Prices Extend Lower as Traders Eye FOMC For Tapering Clues
Gold prices fell for a fourth day and broke a key chart support ahead of the FOMC meeting. Uncertainties surrounding the Fed’s timeline for tapering stimulus weighed on bullion and risk assets.
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Swiss Franc Technical Forecast: USD/CHF, EUR/CHF, CHF/JPY Charts to Watch
The Swiss Franc has seen a bout of strength in recent months against several peer currencies. Here are technical levels to watch in USD/CHF, EUR/CHF, and CHF/JPY.
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Crude Oil, USD/RUB Outlook : WTI Rising Before Fed, Biden-Putin Summit Volatility Risk
WTI continues to soar higher as global demand continues to outpace supply. Higher oil prices are strengthening the Russian Ruble ahead of the G7 meeting between Putin and Biden.
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Dow Jones Retreats Ahead of FOMC, Nikkei 225 and ASX 200 Open Lower
Wall Street stocks were trading in a cautious mood on Tuesday as investors weighed disappointing retail sales data ahead of the FOMC meeting. Asia-Pacific markets may follow lower. Crude oil advanced.
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Trading Forex at the News Release
Learn how to trade forex news at the release with our top news trading strategies
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New Zealand Dollar Faces Pressure After Widening Current Account Deficit
The New Zealand Dollar may face some additional pressure following the island-nation's current account deficit widening. Kiwi Dollar traders are looking ahead to tomorrow's GDP figures.
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US Dollar Outlook: USD Volatility to Rise with Fed Decision Due
US Dollar volatility is likely to accelerate during Wednesday's trading session with the Federal Reserve set to release its latest monetary policy update. How might the Fed decision impact USD pric...
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Brazilian Real Outlook: FOMC, COPOM Could Set the Tone for USD/BRL Near Term
Key monetary policy decisions in the US and Brazil on Wednesday could boost USD/BRL volatility and pave the way for the next major move in price action.
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Gold Price Retreats to Support Ahead of Pivotal FOMC Meeting
Gold sought out support this week as the precious metal looks to consolidate weeks of gains ahead of an all-important FOMC meeting. Despite an encouraging technical outlook, the Fed may decide gold...
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NZD/USD Rate to Face FOMC Rate Decision, NZ GDP Report
NZD/USD is likely to face increased volatility over the next 24-hours with both the FOMC rate decision and New Zealand’s GDP report coming into focus.
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US Dollar Price Action Setups Pre-FOMC: EUR/USD, GBP/USD, USD/CAD
The big meeting is here and the USD is bouncing ahead of the statement. Might Dollar bulls get some room to run here?
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USD/JPY Eyes June High Ahead of FOMC amid Recovery in US Yields
USD/JPY approaches the monthly high (110.33) as longer-dated US Treasury yields recover ahead of the Federal Reserve interest rate decision.
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Australian Dollar Forecast: AUD/USD Dragged Down by Copper Correction
AUD sentiment softens ahead of FOMC. Copper in correction territory.
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Market Sentiment Data Negative for CHF, Neutral for CAD, Gold | Webinar
IG client sentiment data are sending no clear signals on two of the most popular assets with traders currently, the Canadian Dollar and gold, but suggest taking bearish positions in the Swiss Franc.
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DAX 30, IBEX 35 Outlook: Path of Least Resistance Ahead of Fed Meeting
European stocks are drifting higher ahead of the Federal reserve meeting tomorrow
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Gold Price Outlook - Struggling to Pull Back Losses as FOMC Meeting Looms
Gold is finding it difficult to recoup recent losses after breaking below the multi-week bull channel yesterday
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British Pound (GBP) Price Outlook: GBP/USD Range Trading to Persist Ahead of UK CPI
GBP/USD will continue to trade sideways before and after UK inflation data due Wednesday ahead of the US Federal Reserve’s announcement of its decisions on US monetary policy later in the day.
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US Dollar May Extend Gains vs. Euro, Retail Sales and PPI Data Eyed
The US Dollar may continue to push higher against the Euro amid speculation about tapering Fed stimulus after EUR/USD made good on bearish technical cues.
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British Pound (GBP) Latest: GBP Underpinned by Robust Jobs Report
UK jobs report shows signs of an improvement. However, price action in GBP likely muted until FOMC.
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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....