Turkey’s Central Bank Holds Key Rate at 19%, USD/TRY Largely Shrugs Off Decision

The Central Bank of Turkey maintains its benchmark interest rate at 19% for five consecutive months, in line with market consensus.

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EUR/GBP Price Forecast - Range Support Broken, Fresh Multi-Month Lows Now on The Cards

EUR/GBP has broken through recent support and the pair now look set to drift lower with the early April low the next target.

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Short EUR/CAD on Central Bank Differences: Q3 Top Trading Opportunities

Monetary policy decisions from the ECB and BOC to determine EUR/CAD performance

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US Dollar Setup: USD/JPY, USD/CAD Ahead of US PPI and Powell Testimony

The US Dollar is keeping an eye out for inflation data to consolidate further bullish momentum

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British Pound Q3 Fundamental Forecast

The UK economic recovery continues, aide by a successful vaccination program, all eyes are now on data releases

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British Pound (GBP) Price Outlook: GBP/USD Rallying After Hot UK Inflation Data

UK consumer price inflation figures came in higher than expected Wednesday, lifting GBP/USD, but the rise has been tempered by weaker than predicted producer price data.

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US Dollar May Extend Upward as Powell Reiterates Policy Pivot

The US Dollar may continue to push higher, building on gains scored after June’s sizzling CPI data, as Fed Chair Jerome Powell testifies in Congress.

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Crude Oil Prices Eye $75 Amid Tight Supply, Falling Stockpiles

WTI crude oil is hovering at around $75/bbl after the API reported a 7th consecutive weekly fall in stockpiles. Tight supply conditions may lend support to prices amid lingering viral concerns.

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Gold Prices Steady as Inflation Hits 13-Year High, Eyeing 1815 for Breakout

Gold prices edged higher within an “Ascending Triangle” as stronger-than-expected US inflation data bolstered its appeal. Nonetheless, tapering concerns may cap the upside after the RBNZ’s hawkish ...

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New Zealand Dollar Forecast: NZD/USD Shoots Higher on Hawkish RBNZ, LSAP Termination

The New Zealand Dollar rocketed higher against the US Dollar after the RBNZ announced a halt to its Large Scale Asset Purchases Program.

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Dow Jones Retreats after US Inflation Data, Hang Seng May Pull Back

Wall Street stocks pulled back from all-time highs after June’s US core inflation surpassed market expectations by a wide margin. The Hang Seng Index may follow lower.

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Euro Stoxx 50 & IBEX 35 Retreat from Records Amid Inflation, Virus Fears

European equities have retreated off recent highs as fears over the Delta COVID variant force multiple EU members to reimplement restrictions.

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Australian Dollar Outlook: Westpac Data May Underpin AUD/USD as Jobs Report Nears

The Australian Dollar weakened versus the US Dollar overnight and may see more volatility after the July Westpac consumer confidence index crosses the wires. An RBNZ interest rate decision is also ...

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USD/CAD Price Outlook: Canadian Dollar Hinges on BoC Decision

USD/CAD price volatility is expected to stay elevated owing to high-impact event risk posed by the Bank of Canada update due Wednesday. What are Canadian Dollar traders watching out for?

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Mexican Peso Forecast: USD/MXN Jumps on Sizzling U.S. Inflation. Will Traders Fade this Move?

The U.S. dollar gains across the board on Tuesday on expectations red-hot inflation in the United States will lead to tighter monetary policy by the Federal Reserve.

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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Euro Technical Analysis: EUR/GBP, EUR/JPY, EUR/USD Rates Outlook

Strength in the US Dollar (via the DXY Index) has translated into fresh monthly lows for EUR/USD rates.

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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USD/JPY Rebound Takes Shape Ahead of Fed Chairman Powell Testimony

Fresh remarks from Fed Chairman Jerome Powell may sway USD/JPY as the central bank head is scheduled to testify in front of Congress over the coming days.

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Dow Jones Forecast: Will Earnings Season Push the Index to Record Highs?

The Dow Jones has moved within reach of record levels despite weakness in value and industrial stocks that had helped the Industrial Average outperform the Nasdaq 100 during much of the second quar...

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