New Zealand Dollar Turns to US CPI Report After RBNZ 50-Basis Point Rate Hike

The New Zealand Dollar is now facing the US CPI report after the Reserve Bank of New Zealand hiked rates by 50-basis points, as expected. Will NZD/USD aim higher next?

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EUR/USD Forecast: Failure to Hold Above Parity Opens Up December 2002 Low

EUR/USD may fall towards the December 2002 low (0.9859) as the Relative Strength Index (RSI) sits in oversold territory.

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AUD/USD May Struggle as US Dollar Rally Pauses Ahead of RBNZ, China Trade Data

The Australian Dollar saw a modest rebound overnight as the US Dollar steadied. The Reserve Bank of New Zealand's rate decision and China's trade balance is due out today.

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Crude Oil Price Eyes April Low as OPEC Forecasts Slower Demand in 2023

The price of oil may face a further decline over the coming days if crude fails to defend the April low ($92.93).

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S&P 500, Nasdaq 100 Forecast: US Inflation Data May Fuel Volatility & Hammer Stocks

June US inflation data will be the main catalyst for price action to watch on Wednesday. Another hot report like May's could strengthen the case for aggressive Fed tightening, hurting stocks.

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Bitcoin Falls Against Surging US Dollar as APAC Traders Gauge China Covid Flare-Up

Bitcoin extended losses, driving prices near the high-profile 20,000 level, against a super-charged US Dollar. Economic growth fears are back in the spotlight after China's Covid cases rise.

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USD/JPY Outlook – A Fresh Multi-Decade High But the Move Looks Tired

The Bank of Japan 'won't hesitate' to ease monetary policy further, Governor Haruhiko Kuroda said today, leaving the Japanese Yen at risk of further losses.

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Forex Trading: What is Forex? FX Trading Explained

Forex trading is short for foreign exchange, often called 'FX' and focuses on the exchange of one currency for another.

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British Pound (GBP) Forecast: GBP/USD Dragged Down by Euro Woes

Politics grabs the headlines, external factors matter more for the Pound

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Crude Oil Prices Vulnerable as Central Banks Run the Risk of Inducing Recessions: Top Trading Opportunities

WTI crude oil prices have been rising swimmingly since a bottom was found at the peak of the 2020 global pandemic.

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Euro Slides and US Dollar Soars as China Face Further Restrictions. New lows for EUR/USD?

The Euro gave up some ground today as news emerged that further restrictions are likely for China while Japan appear to have the green light for super loose monetary policy.

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Weekly Fundamental Gold Price Forecast: Rising Real Rates Weigh

Gold prices are coming off of one of their worst weeks of 2022.

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Short GBP/CHF on Worsening UK Fundamentals and a Motivated SNB: Top Trading Opportunities

The Swiss Franc has emerged as a dark horse ever since the June 16th, 2022 rate meeting.

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AUD/USD Eyes Chinese Credit Data After Bullish Candlestick Formation

The Australian Dollar is slightly lower against the Greenback this morning as iron ore prices fall. Chinese credit data may set the tone for AUD/USD after a bullish candlestick took shape.

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Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, CPI, Canadian Dollar, BoC

The tech-heavy Nasdaq 100 outperformed last week, more so than the Dow Jones. Are traders getting ahead of themselves? Higher US CPI is expected ahead after another solid jobs report. Gold is looki...

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Stock Market Week Ahead: S&P 500 & DAX 40 Forecast

All of Nothing on US CPI. Russian Gas Flows Key to Europe

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USD/CAD Rate Outlook Hinges on Bank of Canada (BoC) Rate Decision

USD/CAD may face a larger correction ahead of the Bank of Canada (BoC) interest rate decision as the central bank is expected to normalize monetary policy at a faster pace.

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EUR/USD Fundamental Forecast: Parity in Reach as Headwinds Accrue

The euro came close to parity with the US dollar on Friday and looks likely to reach it. Germany records its first trade deficit in over 30 years and may have to ration gas.

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US Dollar Forecast: June US Inflation Data Could Reinforce DXY’s Bullish Momentum

Next week's U.S. consumer price index report could show June inflation accelerated to new multi-decade highs, a result that could boost Treasury yields and the U.S. dollar in the near term

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Bitcoin (BTC), Ethereum (ETH) Forecasts – Grinding Higher in Quiet Conditions

Bitcoin has picked up a small bid this week and moved marginally higher. While the short-term outlook looks marginally more positive, the longer-term outlook remains negative.

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