EUR/USD Post-Fed Rebound Susceptible to US GDP, PCE Report

EUR/USD may struggle to retain the rebound from the yearly low (0.9952) as US data prints are likely to keep the Federal Reserve on track to implement higher interest rates.

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Australian Dollar Eyes Retail Sales as Iron Ore Rises, US Dollar Falls

The Australian Dollar may continue rising against the US Dollar if Australian retail sales impress as iron ore prices rise. AUD/USD is nearing its post-wedge breakout target.

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Oil Price Breaks Out of Descending Channel After Testing 200-Day SMA

The price of oil appears to be breaking out of a descending channel amid the failed attempts to close below the 200-Day SMA ($94.20).

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S&P 500 Rallies to Six-Week-Highs, US Dollar Sinks to Support on FOMC

The Fed hiked by 75 while keeping the door open for more, and this led to a strong response in stocks as the S&P 500 hit a fresh six-week-high.

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How Technical Levels Will Develop In Q3 of 2022

DailyFX analysts give their expert predictions and their 2022 Q3 forecasts to help you with your trading strategy and analysis, minimizing risk and maximizing returns. Predictions our analysts offe...

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Fed Raises Rates by 75 Basis Points at July FOMC in Fight to Quell Inflation

The Fed delivers another 75 basis points hike at its July FOMC meeting, bringing the policy rate to 2.25%-2.50%, a sign that the central bank remains committed to restoring price stability.

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S&P 500 and Nasdaq 100 Fall on Recession Fears ahead of Fed Decision. What’s Next?

US stocks sank Tuesday amid growing recession fears after the IMF said the global economic outlook has darkened and US consumer confidence fell to its lowest level since February 2021.

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Euro Forecast: Bullish Opportunity Slips Away – Setups for EUR/GBP, EUR/JPY, EUR/USD

Energy concerns trump all else for the Euro.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; July Fed Meeting Preview

Rates markets are fully discounting a 75-bps rate hike by the Federal Reserve this week, with a 13% chance of a 100-bps rate hike.

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Grim Outlook and USD Strength Drives DAX, CAC & Bitcoin Lower

The Euro has continued to weaken against major currency pairs as disappointing earnings and gas shortages drive European stocks lower.Oil and gas rise.

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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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Crude Oil Price Caught in Crosswinds Ahead of the Fed. Will Recession Fears Weigh on WTI?

Crude oil found firm footing to start the week as the market prepares for the Fed meeting that has pitched recession fears against decreasing demand. Will WTI find a base?

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Janet Yellen Weighs in on Recession Ahead of the Fed Rate Decision

Treasury Secretary says US not in recession. She highlights addition of new jobs while markets brace for key data releases.

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Oil Price Forecast: WTI Susceptible to Recession Fears, US Q2 GDP on Thursday

Crucial week for oil since it generally tracks the state of the global economy. Divergence between the Fed’s and economists’ Q2 forecasts suggests elevated volatility

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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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Euro Consolidates Post ECB Hike as US Dollar Eyes Fed Move. Where to for EUR/USD?

The Euro has traded in a range for the last week despite the ECB lifting rates by more than expected. The focus now shifts to the Fed decision this week. Will it move EUR/USD?

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Gold Price Gains as US Dollar and Yields Look to the Fed. Will XAU/USD Recover?

Gold has found some support to buck the down trend with the US Dollar and yields sliding from their recent peaks. If USD ticks up again, will XAU/USD be undermined?

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Australian Dollar Forecast: AUD/USD Faces a Busy Week Ahead

The Australia Dollar traded higher last week as global sentiment improved. AUD/USD faces another buys week ahead, with Australian Q2 inflation data due out. Traders are also watching newswires out ...

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Weekly Fundamental US Dollar Forecast: July Fed Meeting in Focus

Markets are discounting a 75-bps rate hike from the Fed this week. Is that enough for the US Dollar?

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Markets Week Ahead: Nasdaq 100, Gold, US Dollar, Fed, GDP, EUR, AUD, Inflation Data

The Nasdaq 100 outperformed as the US Dollar fell and gold prices gained. Markets are looking forward to a 2023 Fed pivot, but will the central bank disappoint those expectations in the week ahead?...

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