The Australian Dollar may continue to decline against USD after China reinstated Covid lockdowns across Beijing and Shanghai over the weekend. The Japanese Yen faces a potentially noteworthy week.
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Sunday, 12 June 2022
Weekly Technical Crude Oil Price Forecast: Technicals Remain Bullish
Crude oil prices continue to push higher, with fundamental tailwinds buttressing an already-bullish technical posture.
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Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Fed, British Pound, BoE, Yen, BoJ
The Dow Jones, S&P 500 and Nasdaq 100 tumbled in the worst week since early January. Surging inflation has everyone eying the Fed, BoE and BoJ. Will the US Dollar continue rising alongside Treasury...
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S&P 500 & FTSE 100 Forecast for the Week Ahead
Equities slump after Hot CPI. Rally Sellers Remain Dominant
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Saturday, 11 June 2022
Japanese Yen Fundamental Forecast: Prices Approach 1998 Levels Ahead of BOJ
The Japanese Yen's descent continued last week after an inflation print firmed up the US Dollar. A dovish Bank of Japan is unlikely to take action despite the extreme weakness. Will JPY fall further?
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Euro Forecast: EUR/USD Now Turns to the Fed and BoE After a Hawkish ECB
The Euro is struggling to rise despite an increasingly hawkish European Central Bank as competition gets stiff between its major peers. Where to for EUR/USD with the Fed’s turn next?
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Swiss Franc Price Forecast: Parity on the Cards for USD/CHF Ahead of SNB Rates Decision
The Swiss Franc's rapid decline of late may be in for further weakness ahead of the SNB and Fed rate decisions respectively, while USD/CHF looks to test 1.00.
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US Dollar Forecast: Bullish Bias Intact ahead of FOMC, Hawkish Guidance to Boost DXY
The U.S. dollar is likely to rise next week if the Fed signals at its June meeting that it will have to raise rates more aggressively in response to broadening inflationary pressures.
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Bitcoin fails to recover as elevated inflation weighs on sentiment
Bitcoin prices suffered after US CPI rose to a four-decade high. With fundamentals currently driving price action, the economic calendar remains key for digital assets.
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Friday, 10 June 2022
Australian Dollar Outlook: US Dollar is the Dominator for Now
The Australian Dollar has a very healthy economy behind it and the longer the currency stays undervalued, the stronger it gets. Will AUD/USD get a grip?
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Gold Prices at Risk as All Eyes Turn to US CPI Inflation Data
Gold prices appear to be vulnerable as Fed rate hike expectations firm and the US Dollar recovers ahead of May’s US CPI inflation data. It will set the stage for next week’s FOMC meeting.
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Thursday, 9 June 2022
US Dollar Takes Flight as Risk Assets Tank Ahead of US CPI Data. New Highs for DXY?
The US Dollar has gained traction as Treasury yields run higher with inflation concerns growing ahead of US CPI data. Will the USD (DXY) index keep ascending?
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Nasdaq 100 Sinks as ECB Turns More Hawkish. ASX 200 at Risk, Eyeing China CPI Data
The Nasdaq 100 and tech stocks tumbled as the ECB, another major central bank, turned more hawkish. Australia’s ASX 200 is looking vulnerable, eyeing Chinese lockdowns and CPI data.
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Australian Dollar Falls on Return of Chinese Lockdowns Ahead of US CPI
The risk-sensitive Australian Dollar fell against the US Dollar overnight after sentiment took a hit after China took a step back on its "Zero-Covid" policy. Traders are preparing for tonight's US ...
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S&P 500 Sinks on Fears Upcoming Inflation Report Will Force Tougher Fed Tightening
US stocks slump Thursday as traders cut risk exposure and run for the exits on fears that the May US inflation report will cause the market to price in a more aggressive Fed tightening cycle.
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Contractionary Monetary Policy: What is it and How Does it Work?
Contractionary monetary policy is utilized by central banks to reign in an overheating economy and surging inflation. Find out what tools are used and how they work
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Wednesday, 8 June 2022
How to Read a Candlestick Chart
Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.
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Australian Dollar Falls as Oil Advances Ahead of China Trade Data
The Australian Dollar fell against the US Dollar as climbing oil prices stoked inflation fears. China's trade balance for May is set to cross the wires.
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A Guide to Trading Psychology
The psychology of trading is often overlooked but is a key part of a professional trader’s skillset.
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Hawkish vs Dovish: How Monetary Policy Affects FX Trading
Hawkish and dovish policies affect FX rates through a mechanism referred to as 'forward guidance'.
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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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AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...
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British Pound (GBP) Latest: GBP/USD Nudges Higher, FTSE 100 Picks-Up as President Trump Takes ActionThe British Pound is registering small opening gains and the FTSE 100 is nudging higher after US President Trump announced new COVID-19 aid ...