USD/CAD Climbs Back Above 50-Day SMA Ahead of US CPI

USD/CAD may struggle to hold above the 50-Day SMA (1.3524) as the US Consumer Price Index (CPI) is anticipated to show slowing inflation.

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AUD/USD Falls Alongside Iron Ore and bitcoin as China Ramps Up Lockdown Measures

The Australian Dollar fell alongside iron ore prices after China increased Covid curbs in the city of Guangzhou. A crypto market rout weighed on market sentiment ahead of the US CPI data.

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Gold Price Struggles to Push Above October High Ahead of US CPI

The recent rise in the price of gold may unravel if it fails to push above the October high ($1730).

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S&P 500 Sinks ahead of US Inflation Data, Stock Market at Risk as Bitcoin Collapses

The S&P 500 slumped on Wednesday on risk-off sentiment as traders awaited the results of the U.S. midterm elections and the October inflation report due Thursday morning.

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The Fate of the US Dollar, the Dow, and Gold After US Midterms, US Inflation Data

Chief Strategist John Kicklighter and Senior Strategist Christopher Vecchio, CFA discuss US inflation data and the US midterm elections.

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Gold and Silver Forecast: XAU, XAG at Key Technical Levels as US CPI Nears

Gold and silver prices are at key technical levels after rallying in the first half of the week as a US Dollar pullback improved conditions for the metals. The US consumer price index (CPI) may threaten the rally.

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EUR/USD Clears October High to Eye September High

EUR/USD may attempt to test the September high (1.0198) as it clears the October high (1.0094).

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Australian Dollar Steady as Yuan Wobbles after Chinese CPI and PPI Cools. Lower AUD/USD?

The Australian Dollar holds the high ground after China’s CPI and PPI was below forecasts but the Renminbi eased as hopes tilted toward an easing of conditions. Where to for AUD/USD?

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USD/CNH Upside Eases Ahead of Chinese Economic Data: Asia-Pacific Outlook

The Chinese Yuan is in focus ahead of Chinese inflation data due today. US stocks closed higher after traders brushed off volatility in the cryptocurrency market. Copper resumed a technical breakout.

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USD/JPY Outlook Mired by Failure to Defend Monthly Opening Range

USD/JPY may face a further decline over the coming days as it fails to defend the opening range for November.

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S&P 500 Rises for Third Straight Day ahead of Midterm Election Results, CPI Data Next

The S&P 500 rose for a third consecutive session amid positive sentiment on Wall Street, but the sell-off in the cryptocurrency space likely limited risk appetite

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FX Week Ahead - Top 5 Events: China, Germany, US Inflation Rates; US Midterm Elections; UK GDP

The first week of November is all about central banks.

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Fedspeak for the Week Ahead

Fedspeakers are back out in force this week following last week’s policy meeting. Here’s what to watch.

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EUR/USD Bounces of 50-SMA, Sustained Break Above Parity May Remain Elusive

The pair has returned to parity buoyed by continued dollar weakness. Have we already seen the YTD low?

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GBP/USD Price Outlook: Cable Climbs as Post NFP Dollar Decline Continues

GBP/USD trades higher after the dollar selloff but dismal GDP forecasts for Q3 and an aggressive Fed suggests the counter-trend move may be short-lived

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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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Gold Price Forecast: XAU/USD Pares Back, Focus on Fed Speakers Ahead of CPI

Spot gold looks forward to Wednesday’s inflation print while XAU/USD hovers around key resistance.

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Crude Oil Eases as Markets Ponder a Possible Chinese Reopening. Will WTI Rally?

The crude oil price has given up some of Friday’s gains, but the US Dollar appears to be the driving sentiment for markets after recalibrating on news around China’s potential reopening.

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Euro Ran Higher on Chine Re-opening Rumours but Turns on Denial. Where to for EUR/USD?

The Euro has stalled in its recovery against the US Dollar as ambitions for China easing of restrictions evaporated over the weekend. With US CPI ahead, will it drive EUR/USD lower?

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Australian Dollar Forecast: China Trade Balance in Focus After Iron Ore Prices Rebound

The Australian Dollar looks poised to rise against the US Dollar as rumors of a Chinese policy shift on Covid circulate. China’s trade balance for October is in focus for APAC traders.

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