Markets Week Ahead: Dow Jones, US Dollar, Gold, Japanese Yen, PCE, Bank of Japan

The Dow Jones, DAX 40 and Nikkei 225 fell as volatility struck markets last week. Ahead, the US Dollar and gold prices await US PCE data while USD/JPY turns to the Bank of Japan.

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Dollar Outlook Still Carries Important Event Risk and Technical Pressure

Holiday trading conditions may start for the Dollar and broader markets in the coming week, but the range of important event risk may actually turn thin liquidity into charged volatility. With the debate around a pivot in fundamental and technical bearing for this benchmark, traders should keep a wary eye on this market.

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S&P 500 Tumble Versus EURUSD Breakout: What Can Holiday Liquidity Achieve This Week?

Despite the depth of major event risk this past week, there wasn’t a clear reconciliation for bearing behind risk assets like the S&P 500 nor the Dollar. We are heading into a well-known liquidity drain over the coming week, but congestion patterns like those from EURUSD are likely to find at least a break – if not a trend.

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British Pound Forecast – GBP Pummeled by BoE Rate Split and Strikes

The British Pound is under pressure going into the weekend after yesterday’s BoE rate hike indecision left traders unimpressed

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Australian Dollar Outlook: US Dollar Roars Back to Life

The Australian Dollar got dusted after the US Dollar regained its ascendency amid central bankers re-iterating their hawkish stance after a series of hikes. Will AUD/USD go lower?

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Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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Euro (EUR/USD) Latest – ECB’s Hawkish Shift Boosts the Euro

The European Central Bank sent a strong hawkish signal to markets yesterday, propelling the single currency higher across the board.

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Crude Oil Caught in ECB Maelstrom After Rate Hikes and Hawkishness Prevails

Crude oil is slightly softer today after US Dollar ascendency got back on track and the ECB got their message across loud and clear. Will WTI crude oil head higher again?

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Gold and Dow Jones Sink After ECB Spooked Markets, XAU/USD Reversal in Motion?

Gold prices sank the most in 3 months alongside the Dow Jones after a slew of rates hikes from central banks in Europe. Is more pain in store for XAU/USD after a wedge breakout?

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SPX, Nasdaq Slide; USD, EUR/USD Tendencies of Turn After CB Onslaught

Markets remained on the move today through ECB and BoE rate decisions. A massive options expiry is on the calendar for tomorrow, which can keep equities on the move into the end of the week.

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New Zealand Dollar Tops Yield Forecasts and Is Also Top Heavy…

There has been a lot of monetary policy activity the past 24 hours with serious scrutiny paid to the relative hawkishness/dovishness of the major central banks and their respective currencies as well as the implications for general risk trends. However, a remarkable trend that has stood out amid a lot of congestion comes from the New Zealand Dollar.

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Australian Dollar Reversal Warnings Grow as AUD/USD Falls on Disappointing Chinese Data

The Australian Dollar fell as Chinese industrial production and retail sales disappointed across the board. AUD/USD bearish reversal warnings continue growing.

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Japanese Yen Eyes Support After Fed Failed Convincing Markets About Rate Outlook

The Japanese Yen faces key support after the Federal Reserve raised interest rates and struggled to convince markets about its policy outlook. AUD/USD awaits Australian employment figures.

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EURUSD Outlook Has Technical Pressure and the ECB Rate Decision

The FOMC decision has passed with a more hawkish message than the markets were expecting…and yet the market maintains its skepticism. That has kept the S&P 500 within its narrow range and leaves EURUSD’s technical congestion undetonated. Will the ECB decide the next move for the pair?

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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar set a fresh five-month-low, even as Powell took on a hawkish tone in the statement accompanying today’s rate decision. ECB and BoE rate decisions are on the calendar for tomorrow.

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Dollar Surges and S&P 500 Drops After Fed Hikes 50bps Raises 2023 Forecast

The Federal Reserve announced its last rate decision of 2022 and it offered the ‘pivot’ that many had expected. A 50bp rate hike ended the pace for four meetings of 75bp through November, but that was expected. The real market impact is found in what the expectations are from the Fed heading into 2023.

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EURO’s Bullish Cycle May be Coming to an End

EUR/USD has been on a fast track to fresh highs, but might it be nearing an important turning point?

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US Dollar Languishes in the Aftermath of US CPI and Ahead of the Fed. New Lows for USD?

The US Dollar tanked after a soft CPI number gave the market hope of an end to hawkishness from the Federal Reserve when they meet later today Where to for the DXY (USD) index?

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Dow Jones, S&P 500, Nasdaq 100 Reverse CPI Rally as Traders Look Beyond the Fed Pivot

The Dow Jones, S&P 500 and Nasdaq 100 reversed a CPI-induced rally as traders seemingly looked beyond the Fed pivot and towards the next tightening cycle in the distant future.

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EURUSD and VIX Exude Volatility But Not Conviction Heading into Fed Hike

The release of the US CPI update this past session proved as market-moving as could have been expected, but the volatility isn’t projecting trend. From a collapse in the VIX despite a massive intraday reversal from equities and EURUSD edging up to the next level of resistance, there are many different possible outcomes.

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