S&P 500 and Dollar Volatility – But Unlikely Trend – Before FOMC Wednesday

A week of heavy event risk has started with some tentatively provocative moves from the major corners of the market. The S&P 500 and Nasdaq 100 reversed lower after last week’s extensions suggested bulls were in control. Meanwhile, the Dollar is probing a break from an extremely tight range. The activity can be enticing, but be wary…

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Nasdaq 100 Capsizes After Finally Overcoming 200-Day SMA, Beware More Volatility

The markets are closing in on systemically important event risk and traders’ compasses are starting to go haywire. Tentative breakout and trend efforts are falling apart ahead of the Fed decision Wednesday, and few markets are more put out technically than Nasdaq 100.

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EUR/USD Tests 1.0900 – ECB Rate Decision, Inflation and Growth Data Ahead

A very busy week ahead with the latest ECB rate decision, Euro Area inflation, and growth data all hitting the screens in the next few days.

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USD/JPY Hovers at Key 130.00 Level as Rangebound Trade Continues

USD/JPY continues to fluctuate between gains and losses as the dollar index remains vulnerable. Will the Fed meeting inspire some renewed dollar strength?

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What is Leverage in Forex? Forex Leverage Explained

Find out how leverage works and how to manage your risk when trading FX with leverage.

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US Dollar Poised Ahead of Fed as China Returns. Where to for USD?

The US Dollar is steady so far today as the market ponders the Federal Reserve rate outlook and weighs tightening central banks against a potentially expanding Chinese economy. Will DXY go lower?

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Crude Oil Price Firms as Markets Appraise Fed Hiking Against China Re-opening

Crude oil has made some ground today after sliding lower to end last week as US recession fears swirl while Chinese markets return from holidays today. Where to for WTI?

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Markets Week Ahead: US Dollar, Euro, British Pound, Gold, Dow Jones, Fed, ECB, BoE

Traders are eyeing the Fed, BoE and ECB rate decisions for the US Dollar, British Pound and Euro, respectively. Will central banks disappoint, bringing back market volatility?

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US Dollar Technical Forecast: USD Support Test Into a Heavy Week of Data

The US Dollar took four months to wipe out 50% of a trend that took almost two years to build, but prices has been lodged at that half-way point now for two weeks. That will probably change next week.

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UK FTSE 100 Clings to Support as German Dax Battles Resistance

FTSE and Dax have remained steady, driving prices into clear ranges of support and resistance. While prices look for direction, technical levels hold firm.

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USD Breaking News: PCE Price Index Declines Adding Further Pressure on the DXY

US data continues to remain resilient with the Fed meeting now firmly in focus. Slowest PCE increase in 14 months.

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GBP Price Outlook: Cable Coils into Narrow Range Ahead of Blockbuster Week

GBP/USD has attempted to trade above the 1.2445 level on a number of occasions now without success and has consolidated into a narrow range. FOMC and BoE next week

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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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