US Dollar, Yields Surge as Fed Brings Forward Taper Timeline

The US Dollar is spiking higher alongside Treasury bond yields as markets react to the latest Fed announcement, which shows two interest rate hikes penciled in the dot plot by the end of 2023.

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Gold Price Forecast: XAU Pullback Ahead of FOMC - GLD Levels

Gold prices have pulled back from the bull flag breakout, and are now sitting on a massive spot of support ahead of the FOMC.

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EUR/USD Rate Bounces Back From 50-Day SMA Ahead of FOMC Rate Decision

EUR/USD bounces back from the 50-Day SMA (1.2104) ahead of the Fed rate decision, with the central bank expected to retain the current course for monetary policy.

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FOMC Event Risk: How Will the Market React

Federal Reserve the main event of the week. Dot plots, Fed statement and Powell press conference in focus.

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EUR/GBP Price Forecast - Rangebound For Now But Support May Soon be Tested

EUR/GBP remains stuck in a rut but the recent series of lower highs suggests buyers are running out of steam

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US Dollar Setup: USD/CAD, USD/JPY, EUR/USD Ahead of FOMC

The US Dollar is holding range as investors await Fed’s views on rising prices

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Crude Oil Price Outlook: Strength to Persist as Global Economy Expands

The price of Brent crude oil has hit its highest level since April 2019 and is well placed to advance further although, as ever, prices could consolidate first.

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Chinese Yuan (CNH) Muted While China's Economic Recovery Slows

Softer than expected economic data reinforces view that the Chinese economic recovery is slowing.

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British Pound (GBP/USD) Boosted As UK Inflation Beats Expectations

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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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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