Euro Breaking News: EUR on Offer Despite EZ PMI Upside Surprise

EUR/USD dismissed better than expected eurozone PMI data ahead of today’s high impact US economic data.

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Crude Oil Forecast: Brent Bid on API and OPEC+ Ahead of Key US Data

Stacked economic calendar for brent crude oil could dictate short-term directional bias ahead of U.S. holidays.

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British Pound Pauses as US Dollar Takes Stock of Fed Outlook. Will GBP/USD go Higher?

The British Pound is anchored near the top end this week’s range after US Dollar gave some ground overnight with the focus on the Fed’s pace of tightening. Where to for GBP/USD?

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New Zealand Dollar Whipped by Jumbo Rate Hike. Will NZD/USD Rally Continue?

The New Zealand Dollar continued to firm after a jumbo 75 basis point rate hike by the RBNZ, setting a new record the central bank. Where to for NZD/USD?

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Gold’s Anti-Dollar Bounce Looks Like it Will Feel the Weight of Persistent Fed Forecasts

Gold is guided heavily by the US dollar just as most traditional fiat currencies tend to be. That said, the driving fundamental motivations for the Greenback will have a greater weight over the precious metal. And, that puts the focus on Fed forecasts.

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US Dollar Techs Post-Minutes: EUR/USD, GBP/USD, USD/CAD

The US Dollar broke out to start the week and then pulled back to test support ahead of the release of FOMC meeting minutes from the November rate decision.

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S&P 500, Nasdaq, Dow Jones Techs for This Week

US equities have shown a tendency towards range-bound behavior but the Nasdaq is starting to show a bearish lean: Might the impasse be nearing a break?

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Gold Price Forecast: XAU/USD Breakout Pulls Back, Tests Support at Prior Resistance

Gold prices sit at an important precipice, testing support at prior resistance after a pullback from a key zone at 1786-1794 last week.

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Bitcoin (BTC), Ethereum (ETH) Grind Lower as Grayscale Adds to Fears

Bitcoin and Ethereum have fallen after additional selling pressure drove the two largest digital assets lower. As Grayscale refuses to share proof of reserves, sentiment continues to dwindle.

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Is Yen Weakness on the Way Back? USD/JPY, GBP/JPY, EUR/JPY

USD/JPY broke out from an ascending triangle to start the week raising the possibility of a return of Yen-weakness.

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US Dollar (DXY) Opens the Week on a Positive Note

The US dollar is getting a risk-off push as a range of drivers see investors return to the safety of the greenback.

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S&P 500 Price Outlook: US Stocks Consolidate Around Key Level of Support

The S&P 500 consolidates above a key level of support ahead of the open. Will reports of additional Chinese lockdowns set the tone for the week ahead?

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EUR/USD Update: German PPI Surprise Fails to Arrest Slide as Risk-Off Mood Returns

The pair continues its decline with the macroeconomic outlook supporting lower prices. Is parity in danger once more?

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Gold Price Forecast: XAU/USD Extends Drawback Ahead of FOMC

Gold prices have continued to fall leaving XAU/USD trading below 1750, while markets look ahead to Wednesdays FOMC minutes.

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US Dollar Finds Firmer Footing as Treasury Yields Lift and China Locks Down

The US Dollar resumed ascending to start the week after Treasury yields added a few basis points and global growth woes undermined other currencies. Will the DXY index continue higher?

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Crude Oil Prices Crushed on Market Imbalances, WTI at Risk as Asia-Pacific Markets Open

Crude oil prices were crushed on Friday as the futures market entered contango. Wall Street risk aversion may set a sour tone for Asia-Pacific markets to start the week.

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Markets Week Ahead: Nasdaq 100, S&P 500, Gold, US Dollar, NZD/USD, RBNZ, Thanksgiving

The Nasdaq 100 and S&P 500 fell last week amid hawkish Fedspeak, boosting the US Dollar at the cost of gold and crude oil prices. Ahead, all eyes are on the FOMC minutes and the RBNZ for the NZD/USD amid a holiday-shortened week due to Thanksgiving in the US.

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Dow Jones, Nasdaq 100, S&P 500 Forecast: Thanksgiving Means Illiquidity, But Volatility?

The Dow Jones, Nasdaq 100 and S&P 500 took steps back last week as Fedspeak and retail sales underscored a hawkish central bank. Thanksgiving brings illiquidity, but what about volatility?

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Euro Price Forecast: ECB Ponders QT vs Rate Hikes, EUR/USD Unmoved

Bleak week ahead for the euro as EUR/USD seeks fundamental catalyst, while ECB tug of war continues between doves and hawks.

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Australian Dollar Outlook: Caught in the US Dollar Vortex

The Australian Dollar was rag-dolled by US Dollar gyrations last week as data and geopolitics had markets running from pillar to post, second-guessing where the Fed is headed.

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