US Dollar (DXY) Latest: Weak Rebound off the Multi-Month Low, Slowdown Fears Grow

The US dollar’s latest attempt to push higher has been met with apathy and with US Treasury yields falling further, the path of least resistance for the greenback looks lower.

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EUR/USD Forecast: Upcoming ECB Minutes to Augment Hawkish Bets?

EUR/USD remains elevated ahead of key ECB releases. How much further can the euro go?

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New Zealand Dollar Looks Past PM Jacinda Ardern’s Resignation, Eyes on Wobbly Markets

The sentiment-linked New Zealand Dollar looked past NZ Prime Minister Jacinda Ardern resigning. Rather, NZD/USD remains focused on wobbly markets after US data spooked traders.

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S&P 500 Reversal Packs More Global Punch Than USDJPY’s Drama

The fallout from the Bank of Japan’s ‘status quo’ monetary policy decision was top spot for macro traders, but the later reversal from the S&P 500 and other risk assets will carry more consequence. Have the bulls capitulated and why did the Dollar recover despite a further slip in rate expectations?

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US Dollar (DXY) Remains Under Pressure Ahead of Important US Data

The US dollar trades just above a multi-month support level and with important US retail sales and PPI on deck, this zone may come under pressure.

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Gold Update: XAU/USD Eyes U.S. Economic Data for Guidance

Gold received support today from a weaker US dollar as markets keenly await U.S. PPI and retail sales figures for December. XAU/USD holding above $1900 for now.

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EU Announces Support for Green Investment at Davos, EUR/USD Higher

EU delegates announced a response to the US Inflation Reduction Act to keep firms from heading abroad. Quieter calendar points to EUR/USD trend continuation

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Crude Oil Testing Multi-Week Resistance on Positive Chinese Outlook

Oil rallies into an old level of resistance and looks set to press higher after this week’s positive Chinese growth data fuels sentiment.

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Breaking News: Pound Bid After Core Inflation Beat, 50bps Secured?

GBP/USD reacted favorably to elevated UK inflation, placing the Bank of England in an interesting position ahead of next months interest rate decision.

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German Dax Rally Remains Intact Despite Slowing Momentum

The German Dax 40 index has followed major stock indices higher, finding support above prior resistance the key psychological level of 15,000. Can bulls retest 15,400?

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Gold Prices Slip But Bulls Still In Control, Eyeing $2000

Gold is probably due a little consolidation after a breakneck run higher since the end of 2022 as inflation worries have eased

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FTSE Pauses Ahead of All-Time High as Solid Jobs Data Buoys Sterling

The FTSE index outperformed most major indices last year and continues that momentum in early 2023. However, early signs of slowing momentum have appeared

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How to use the PPI in Forex Trading

Inflation rate can determine the value of a country’s currency. Learn how the PPI impacts forex.

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British Pound Latest – GBP/USD Pushes Higher on UK Jobs Data

UK wages are continuing to rise at a rapid rate but persistently high inflation means consumers continue to see their real wages fall.

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Japanese Yen Slides Ahead of BoJ While Chinese Data was Digested. Where to for USD/JPY?

The Japanese Yen went lower again today as the market eyes the Bank of Japan meeting tomorrow where further tightening cannot be ruled out. Will a tilt see USD/JPY make new lows?

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Bitcoin Outlook: BTC/USD Bullish Breakout Drives Crypto Recovery

Bitcoin prices have continued to trade higher after a 26% rise in BTC/USD fueled a bullish breakout above $19,666, the December 2017 high now holds as support for the short-term move.

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EURUSD Hits New 9-Month High But Bulls May Be Out of Puff

There wasn’t much data for traders to digest on Monday, but suspicions that Eurozone borrowing costs will rise sharply keep the Euro supported

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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Crude Oil Forecast: Brent Tests Key $85 Handle Ahead of Data Heavy Week

Brent crude begins the week on the back foot while markets look forward to key crude oil data.

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Australian Dollar Buoyed by Sentiment as China Moves into Focus. Higher AUD/USD?

The Australian Dollar continued to climb at the start of the week with hopes of China’s re-opening lifting base metals and sinking the US Dollar. Where to for AUD/USD?

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