NZD/USD Wedge Breakout Back in Play as US Dollar Strength Cools

NZD/USD is looking higher ahead of Australian and New Zealand inflation expectations. Meanwhile, China's credit conditions point to easing monetary support.

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Mexican Peso Outlook: USD/MXN at Risk as Traders Eye Another Banxico Rate Hike

Banxico is seen hiking rates by 25bp to 4.50% tomorrow. As the move has been discounted, traders will be paying close attention to forward-guidance to determine the path of monetary policy.

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Oil Price Forecast: Crude Rebound Emerges amid Failed Test of July Low

The price of oil appears to have reversed course following the failed attempt to test the July low ($65.01) as it carves a series of higher highs and lows.

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US Dollar Tests Support After CPI: EUR/USD, GBP/USD, USD/JPY

The US Dollar pulled back after a 5.4% headline inflation print. Is this a temporary pullback or the beginnings of a USD reversal?

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EUR/GBP Price Outlook: Sluggish Eurozone Recovery Weighs on the Euro

The EUR/GBP pair continues to fall within the descending channel as the eurozone continues its rocky road to recovery

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Gold Price Forecast: Rebound in Bullion Generates RSI Buy Signal

The price of gold may stage a larger recovery over the coming days as the Relative Strength Index (RSI) offers a textbook buy signal.

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USD & US Rates Dip, Reprieve for Gold In Reaction to US CPI

USD dips on US CPI, however, moves likely to be short-lived with inflation Fed goal reached

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Bitcoin (BTC), Ethereum (ETH) Rally Further, Alt-Coins Starting to Lead the Move

In the last week, the cryptocurrency market has seen strong double-digit gains across the board with a range of alt-coins leading the charge.

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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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How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

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Euro Outlook: EUR/USD at Risk of Falling Below 1.17, Focus on US CPI

The Dollar has been building on last week’s gains leaving EUR/USD just above 2021 low ahead of US CPI data.

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British Pound (GBP) Price Outlook: GBP/USD Still Edging Lower as USD Climbs

GBP/USD continues to slip back as the US Dollar benefits from Senate approval of President Biden’s spending plans and continuing speculation that the Federal Reserve will taper monetary stimulus.

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Crude Oil Prices Fall on Small Stockpiles Draw, Lingering Viral Concerns

WTI crude oil prices fell to $68/bbl after API posted a smaller-than-expected draw in crude inventories. China reported 111 new Covid-19 cases on Tuesday as the Delta variant put the country on hig...

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Gold Price Forecast: Rebound Chances Dwindle as Taper Talk Bets Mount

Gold prices face long odds for a rebound as Fed taper talks solidify, pushing real rates higher. Bulls face a tough technical picture as well.

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Nasdaq 100 Pulls Back Ahead of CPI Data, Asia-Pacific to Open Mixed

The tech-heavy Nasdaq 100 led the decline while energy stocks rebounded on Wall Street, setting a mixed tone for APAC markets. Traders are eyeing today’s US inflation data for clues about Fed monet...

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Bitcoin (BTC/USD) Ether (ETH/USD)Forecast: Crypto special after NFP’S

Bitcoin (BTC) prices chase $45,000 ahead of economic turmoil

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Australian Dollar Outlook: AUD/USD Eyes Westpac Consumer Confidence

The Australian Dollar is seeing a mild rebound following a Rising Wedge breakdown. AUD/USD may see volatility on Westpac consumer confidence due out today.

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US Dollar Outlook: Inflation Data Make-or-Break for DXY

The US Dollar has advanced steadily versus key peers like the Euro and Yen over recent trading sessions. Will inflation data due for release fuel a bullish breakout or bearish reversal in the DXY I...

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USD/JPY Outlook: Dollar Rally to Face Slowing US Inflation

Fresh data prints coming out of the US may rattle the recent advance in USD/JPY as inflation is expected to slow for the first time in 2021.

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Mexican Peso Outlook: U.S. Inflation Data Could Lift Yields & the USD/MXN

The USD/MXN recent rebound could gain momentum if July's US inflation data surprises to the upside and brings forward Fed tightening expectations.

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