AUD Price Forecast: Aussie Dollar Hampered by Chinese GDP Expectations

AUD/USD trades cautiously ahead of a stacked day tomorrow which include the RBA’s rate decision as well as Fed Chair Jerome Powell’s testimony.

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Japanese Yen Firms Ahead of Powell and BoJ as US Dollar Pauses. Where to for USD/JPY?

The Japanese Yen could be in for a bumpy ride this week with Fed Chair Powell set to testify and a Bank of Japan meeting amongst other data could be pivotal for USD/JPY direction.

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Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Powell, NFPs, RBA, BoC, BoJ

The Dow Jones and S&P 500 rallied as the US Dollar fell last week. Ahead, the RBA, BoC and BoJ set rates. Markets also await Jerome Powell’s testimony and non-farm payrolls data.

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S&P 500, Nasdaq 100 Forecast: Speculative Frenzy at Risk ahead of Key US Jobs Report

The speculative frenzy that triggered a rally in the S&P 500 and Nasdaq 100 this past week could end if U.S. labor market data beat estimates and bolster Fed rate hikes expectations.

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GBP Weekly Forecast: Pound Eyes UK GDP Alongside US NFP

GBP/USD is preparing for some price volatility next week including UK GDP, Fed Chair Jerome Powell and US NFP data

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ISM Services PMI Virtually Unchanged amid Economic Resilience, Dollar Trims Losses

ISM Services PMI was virtually unchanged in February, clocking in at 55.1 from 55.2 in January, a sign that the economy remains extremely resilient despite rapidly rising interest rates.

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EUR/USD Price Update: EU PMI Miss Still Cause for Optimism

EU PMI data generally fell below rather lofty estimations, maintaining optimism that Europe may escape a recession in 2023. ECB Interest rate expectations hit 4%

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GBP Price Forecast: GBP/USD May Struggle to Push Noticeably Higher

Sterling continues to battle against a strong US dollar but one closely-followed long-term technical indicator is giving cable some support.

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Inflation. Deflation. Which Is Worse and Why?

Inflation is back from the dead but it’s sobering to recall that, not so long ago, deflation was deemed by far the greater threat. Maybe now’s a good time to ask which is worse for an economy?

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US Dollar Bounces Back Again as the Fed and ECB Map Out Rate Hikes. Higher USD?

The US Dollar skipped higher on Treasury yields gaining on solid data and the Fed re-iterating its hawkish stance while will EUR/USD dipped despite impending ECB rate hikes.

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EUR/USD Rejected at Resistance, GBP/USD Carves Out Bearish Double Top Pattern

The EUR/USD has resumed its decline after failing to break above a key technical resistance area. Meanwhile, the GBP/USD appears to be on the verge of validating a bearish double-top pattern.

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US Dollar Soars Lifted by Surging Yields, S&P 500 Falls Despite VIX's Slide

The U.S. dollar soars while the S&P 500 trades with a negative bias on Thursday in the wake of surging Treasury yields following hotter-than-expected labor market data.

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Gold Price Forecast: XAU, XAG/USD Wrestle with Rates & USD Strength

Gold and silver prices are facing technical and fundamental headwinds as higher rate expectations and inflation continue to drive price action. What next for XAU and XAG?

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Australian Dollar Fails To Hold China-Data Gains, Looks to RBA

AUD/USD has faltered ahead of key resistance and returned its data driven gains of the previous session

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Euro Area Core Inflation Prints Fresh Record High, EUR/USD Steady

Euro Area annual inflation rate came in above forecasts as core inflation rose for a third month in succession adding to the ECB conundrum.

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USD/JPY Retains Bullish Outlook, Fundamentals Undermine the Japanese Yen

The U.S. dollar is likely to strengthen against the Japanese yen in the near term, driven by monetary policy divergence between the Fed and the Bank of Japan.

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Manufacturing PMI Rises but Stays in Contractionary Territory, US Dollar Pares Drop

The U.S. dollar trims losses after ISM manufacturing PMI shows a sharp increase in prices paid, a sign that it may take longer for inflation to converge to the Fed’s 2% goal.

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Breaking News: German CPI Misses Forecasts - Inflation Remains ‘Sticky’

German inflation data has remained elevated, placing more pressure on the ECB to raise rates and take a more aggressive stance towards rampant price pressures.

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FTSE 100 Gains As Miners Surge On Strong China Data

The FTSE 100 has shared in a global move into riskier assets on hopes that China’s post-Covid economy is firing up

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GBP/USD Price Forecast: Grinds Higher but Acceptance Above 1.2100 Remains Elusive

GBP/USD remains caught between significant areas of support and resistance. Meanwhile UK mortgage data continues to struggle declining for a 5th consecutive month.

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