Weekly Fundamental US Dollar Forecast: Worst Month Since 2010, Was it Overdone?

The US Dollar saw its worst month since September 2010 as the markets aggressively priced in a dovish Federal Reserve down the road. A tight US jobs report hints that USD’s move might be overdone.

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Australian Dollar Outlook: US Dollar Beat-up Boosts AUD/USD

The Australian Dollar stretched higher with the US Dollar copping a flogging following not hawkish enough comments from Fed Chief Powell. Will AUD/USD make a new peak?

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Keeping Up Dow Rally and Dollar Tumble Momentum May Be Difficult Next Week

Capital markets attempted to retake control this past week on a Fed-driven charge, but the effort fell apart before hitting critical moment. The Dollar’s slide on the other hand is still on the verge of technical progression. Yet, momentum will compete with distraction around the following week’s Fed and ECB rate decisions.

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S&P 500, DAX 40 and ASX 200 Fundamental Forecast for the Week Ahead

Global indices made a bid to charge the holiday rally early this year with a US-led break higher this past week. Yet, follow through is starting flag even as we move into December trade. With expected activity levels sinking but anticipation for key event risk rising, volatility is a high risk and trends are in jeopardy.

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NFP Posts Yet Another Beat as US Job Market Proves Resilient, USD Rises

Early effects of tighter policy were revealed in the lower October CPI print are not at odds of a stubbornly resilient job market and signs of increasing wage growth inflation

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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USD/JPY Slumps Further Ahead of a Key US Jobs Report

The US dollar’s spectacular fall from grace continues with the greenback shedding 12% against the Japanese Yen in just over five weeks.

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Crude Oil Update: Brent Eyes OPEC+ and Russian Oil Price Cap

Brent crude oil looks ahead to NFP data later today but remains focused on OPEC+ and the EU cap on Russian seaborne oil.

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USD/JPY Update: BoJ and Fed Chair Powell’s Comments Form Perfect Cocktail for Yen Gains

USD/JPY picked up steam yesterday as the dollar index recorded its worst month of losses in 12 years. Further downside ahead or time for a retracement?

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Euro (EUR) Latest: EUR/USD Set For Further Gains After Fed Powell’s Dovish Nudge

Fed chair Jerome Powell yesterday indicated that the Fed is set to reduce the size of future rate hikes although he reiterated that rates may need to be held higher for longer.

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AUD/USD Forecast: Aussie Feeds Off Risk-On Sentiment Fueled by China and Fed

The Australian dollar pushed higher on the back of a weaker USD and an improving Chinese COVID situation leaving AUD/USD above 0.68.

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Japanese Yen Leaps as US Dollar Sinks Post Powell. Is the Peak in Place for USD/JPY?

The Japanese Yen continued higher after US Dollar today as the market has deciphered Fed Chair Powell’s comments are not as hawkish as had been feared. Where to for USD/JPY?

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S&P 500 Breaks Tight Range and Overtakes 200-Day Moving Average, Inflation and NFPs Ahead

With less than two weeks to go until the last FOMC rate decision of the year, Fed Chairman Jerome Powell addressed the markets with remarks to suggest a smaller pace of rate hikes is ahead but that the end point for the benchmark is still higher than previously thought. A S&P 500 break suggests the market focused on the tempo.

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US Dollar Sails South as Powell Puts the Fed Case Forward. How Low Can USD Go?

The US Dollar was smashed after hawkish comments by Federal Reserve Chair Jerome Powell overnight were interpreted as a dovish tilt by markets. Will real yields drive the DXY (USD) Index?

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Crude Oil Rises a Third Day from 76 Support as Risk Appetite Adds to Supply Data

Crude oil prices charged higher for a third straight session, further setting the 76 support level established by the 61.8 percent Fibonacci level of the commodity’s historical range. But what would keep the market advancing from here?

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EUR/USD Update: Euro Area Inflation Declines for the First Time Since July 2021

EUR/USD bounces on Euro Area inflation beat. Long-term direction still unclear as markets await Fed Powell speech and NFP data.

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Gold Price (XAU/USD) Edgy as Short-Dated US Yields Rise Ahead of Fed Speech

The precious metal is stuck in a holding pattern, waiting for Fed chair Jerome Powell’s speech on the Economy, Inflation, and the Labor Market, later in the session.

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US Dollar Slides Ahead of Fed Chair Comments While Equities Weigh Growth Prospects

The US Dollar is on the back foot again ahead of commentary from the Federal Reserve Chair. If the Fed remains hawkish, will the market listen and it rescue the USD (DXY) Index?

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S&P 500 Faces Its First Serious Range Break Threat with Fed’s Powell Remarks

Event risk has started pick up this past session with US consumer confidence, Germany CPI and Canadian GDP. However, the fundamental stir that would follow this data wouldn’t rise to the scale to force the S&P 500 nor EURUSD from their narrowest 12-day ranges in months. That spark likely lies ahead.

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Gold Price Forecast: Gold Bounce Continues, Crude Oil Tries to Set Support

Gold bulls are working a trend and Oil prices have put in a strong bounce from the psychological level at 75.

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