EUR/USD Forecast: ECB’s Lagarde and U.S. Data in Focus for Euro Today, Turnaround Looming?

EUR/USD bears may look to capitalize on any U.S. positivity on what has been an overcrowded bullish sentiment of recent.

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Japanese Yen (USD/JPY) Trapped in a Narrow Range Ahead of US Core PCE

Inflation in Japan’s capital Tokyo continued to climb, data showed last night, underpinning the Yen ahead of the release of the Federal Reserve’s preferred measure of US inflation, core PCE

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Rand Dollar Outlook: USD/ZAR Shakes Off Dovish SARB & Positive US GDP

The South African Rand has fallen back into a narrow range after the Reserve bank cut growth forecasts and raised rates by a softer 0.25%.

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US Breaking News: Q4 GDP Surges to 2.9% on the Quarter, USD Dips

GDP continues to show the US economy’s resilience despite warnings of a growth slowdown. Even the employment data showed positive signs in an already tight market

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How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

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British Pound Latest: GBP/USD Testing Stubborn Resistance Again

The first look at US Q4 GDP hits the screens shortly and cable (GBP/USD) traders will be watching this release closely

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EUR/USD Consolidates Around the 1.09 Handle as the Dollar Index Remains Vulnerable

EUR/USD looking to break key long-term resistance around 1.0930. Will US GDP data provide the needed catalyst?

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Crude Oil Update: Steady Brent Looks to U.S. Data for Guidance

Brent crude oil prepares itself for key US economic data later today as it starts off the European session on the backfoot.

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Dollar Tight Range to Be Tested by GDP and Fed’s Preferred Inflation Read

Risk trends continue to exhibit anxiety amid chop that fully undermining major technical levels. Meanwhile, the Dollar has been remarkably stoic with a 9-day range that rivals the year-end holiday trade. Will the forthcoming US GDP and PCE readings earn a breakout? What’s more, could a break turn to a trend with FOMC and NFPs on deck next week?

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USDJPY Outlook: A Break Decided Between Rate Forecasts and Risk Trends

There are competing forces on Dollar, which have prevented the benchmark currency from developing a clear trend. Those competing fundamental winds are even more severe when it comes to USDJPY, which has further developed the month’s long channel. What could push this cross to break?

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Bitcoin Price Forecast: BTC/USD Hesitant as Bullish Momentum Fades

Bitcoin prices have fallen back into a narrow range that has formed around the September high of $22,781. Will a break of this zone determine the next move for BTC?

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Euro Latest: EUR/USD Steady Near its Multi-Month High, German Ifo Report Cheers

Sentiment in the German economy ‘has brightened’ according to the latest Ifo report and this may give ECB a bit more ammunition as they continue to push for multiple rate hikes

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WTI Oil Prints Evening Star Pattern; Further Downside Ahead?

WTI has found resistance at the 100-day MA as Chinese Holidays, inventory buildup and economic concerns weigh on prices.

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Austrian Dollar Update: CPI Beat Reveals Worrying Trend for the RBA

The Australian dollar benefitted from higher-than-expected inflation data which turns the focus to the RBA early next month. Aus inflation data diverges from the US

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US Dollar Grasps for Support at Eight Month Lows

The US Dollar continues to hold very near eight-month-lows and Friday brings a key inflation print to markets with the release of Core PCE.

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USD Breaking News: Dollar Index (DXY) Pops on U.S. PMI Beat

The U.S. dollar found some bullish support post-PMI data which maintained its contractionary outcome but at a slower rate than previous prints.

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Silver Price Outlook: XAG/USD Relief Rally Buoyed by Dollar Weakness

Silver prices have recovered a large portion of yesterday’s losses after testing psychological support at $23.00. With USD weakness driving gains, economic data could boost gains.

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Gold Prices Power Ahead, Will XAU/USD Break $2,000 Soon?

The precious metal is testing a new multi-month high and with little in the way of resistance on the charts, gold may soon challenge $2,000/oz.

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UK PMIs Add to Disappointing Data Ahead of BoE Meeting, GBP Lower

UK services PMI data saw the fastest drop in business activity in the last 24 months while manufacturing beat estimates. The report compounds recent negative data prints

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Euro Breaking News: EURUSD Bid as PMI Data Continues Upward Trajectory

Euro Area PMI continues to improve adding further credence that the Eurozone may escape a recession.

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