Dollar Extends Rally for a Few Key Breaks, S&P 500 Throttles its Descent

The strong trends of risk aversion and Dollar recovery at the end of last week have survived the weekend. EURUSD and USDJPY won significant technical progress as the market’s Fed rate forecast has jumped, but how far can this momentum carry? Meanwhile, will meme stock volatility unsettle the S&P 500 and core market?

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Dollar Advance and Uneven Risk Trends Amplify USDMXN, USDHKD, USDINR and USDTRY

There has been a notable swoon in risk-leaning assets that has also provided some predictable lift to the US Dollar. Combined, these forces have created some unique pressure on some of the more pressurized emerging market currencies. We look at the Dollar cross with the Mexican Peso, Hong Kong Dollar, Indian Rupee and Turkish Lira.

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Bank of Japan (BoJ) - Foreign Exchange Market Intervention

As interest rate differentials widen between Japan and other major economies, the Japanese Yen continues to weaken.

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How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

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EUR/USD Forecast: No Let Up for Euro Post-NFP, What Fed Pivot?

EUR/USD bears have capitalized on fading Fed pivot bets but have a lot to look forward to this week from both ECB and Fed officials.

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US Dollar Blazes Higher on Solid Data as Geopolitics Play Out. Where to for USD?

The US Dollar jumped back in the driver’s seat after jobs data unveiled an economy that remains robust despite the Federal Reserve hiking rates. Will the DXY (USD) Index go higher?

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Australian Dollar Tanks as US Dollar Roars Back to Life Ahead of RBA. Lower AUD/USD?

The Australian Dollar ran out of puff after making a seven-month high last week before the US Dollar regained traction and claimed the ascendency. Where to for AUD/USD?

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Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, Jerome Powell, RBA

The Nasdaq 100 and Dow Jones reversed lower after a blowout jobs report last week. The US Dollar rallied at the expense of gold. All eyes turn to Fedspeak, the RBA rate decision and Canadian employment figures.

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Dow’s Skepticism Anchors Nasdaq Volatility, Dollar Charged by NFPs and Rate Forecasts

What matters more to the markets: that the US economy looks less at risk of a recession or that the Fed will be able to fulfill its rate hike forecast? The volatile reaction to this past week’s rate decisions, NFPs and US growth data leaves the markets evaluating what trends lie ahead.

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Breaking News - US NFPs Surge to 517k vs 185k Expectations, Unemployment Rate Falls to 3.4%

The US jobs market enjoyed a red hot January with 517k new jobs added, with job growth widespread.

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Central Bank Recap: Crucial Takeaways from the FED, BoE and ECB

Find out what major developments took place in a week consisting of three major central bank meetings and what it means for markets going forward

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WTI Oil Update: Delicately Poised Ahead of NFP Release

WTI Oil has come in for a battering this week as fading optimism around China and a buildup in inventories weigh heavily on the commodity.

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Gold Price Forecast: XAU/USD on the Precipice

Spot gold pulled back sharply post-FOMC and now stands at a key inflection point ahead of NFP and ISM data that could send XAU/USD tumbling.

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Crude Oil Price Under the Pump in the Face of Fed, ECB and BoE Hikes. Lower WTI?

Crude oil has steadied so far today after sliding lower throughout the week after multiple rate hikes in major economies that might be offset by China coming online. Will WTI recover?

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USD/JPY Post FOMC: Fading Recession Perceptions See Moderate USDJPY Move

Powell acknowledged the risk of complacency around disinflationary trends but markets perceived the address as dovish, lifting risk assets while USDJPY eased lower

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US Dollar (DXY) Latest: The Fed’s Dovish Nudge Sends the US Dollar Tumbling

The ‘disinflationary process has started’ according to Fed chair Jerome Powell at last night’s FOMC press conference, a comment that pushed the greenback to a fresh multi-month low

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Gold Prices Rallied as Markets Kept Betting Against the Fed, Now What?

Gold prices rallied the most in almost 2 weeks as markets continued to bet against the Federal Reserve. What did Jerome Powell say and what are key levels to watch?

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Euro Hits New High as US Dollar Collapses in Fed Aftermath. Where to for EUR/USD?

The Euro raced north after Fed commentary saw the US Dollar crash on the markets’ interpretation of a dovish tilt from the Chairperson. Will an ECB move do the same for Euro?

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US Dollar Slammed Post FOMC as Markets Test Fed Resolve. Where to for USD?

The US Dollar slide has continued after the New York close post the Fed hiking rates and Powell putting a dovish tilt in the mindset of the market. How low will USD go?

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Dollar and VIX Slump After Fed Hike, Watch EURUSD and Doubt Trends

The Federal Reserve hiked its benchmark rate another 25 basis points and Powell held the door open for further hikes, but neither risk assets nor the Dollar took the group for its word. Scrutinize the progress on trends like that from EURUSD with event risk like the ECB and unresolved themes like recession ahead.

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