EUR/USD Price Forecast: EUR/USD Eyeing Bounce at Key Confluence Area

The Euro is looking to arrest its slide against the Greenback as market sentiment improves and key confluence area comes into play. A bounce in store for EURUSD from the 1.0800 handle?

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Japanese Yen Price Setups: USD/JPY, GBP/JPY, EUR/JPY

Positive news about a potential agreement to raise the US debt ceiling lightens market sentiment. Current yen setups are broadly skewed to the downside

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Silver Tech Update: Silver Sell-off Approaches Confluence Zone of Support

Silver approaches a confluence zone of support as last week’s selling continues at a slower pace. Longer-term uptrend remains intact

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British Pound (GBP/USD) Update: BoE’s Bailey, Elevated US Bond Yields

Bank of England Governor Andrew Bailey says the UK’s outlook is getting brighter but the central bank’s commitment to 2% inflation ‘is unwavering’.

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Gold Price Forecast: XAU/USD at Risk of Further Downside Below the Psychological $2000 Mark

Spot Golds retreat and selloff yesterday puts the precious metal at risk of further downside the longer it remains below the $2000 level. Is this the beginning of the end for Golds bullish run?

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Euro Breaking News: Mixed Inflation Data Reveals Lack of Progress

Euro area headline inflation rose while core inflation saw a modest decline. The data is likely to embolden calls for more hikes but US debt ceiling dominates the narrative

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FTSE 100, DAX 40 and S&P 500 Slip on US Debt Ceiling Woes

Outlook on FTSE 100, DAX 40 and S&P 500 amid ongoing US debt ceiling negotiations

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USD/JPY Price Forecast: Japanese GDP Supportive of BOJ Policy Shift

The Japanese Yen remains under pressure against the USD as US debt ceiling guides market sentiment. USD/JPY now testing key resistance zone.

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Turkish Elections and Implications for the Lira as USD/TRY Eyes Fresh Highs

The Turkish election looks set for a runoff as Turkish Lira observers hope for a policy shift. Will a potential victory for challenger Kemal Kilicdaroglu lead to change in monetary policy?

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Euro (EUR/USD) Latest: Euro Area GDP Grows by 0.1%, German Economic Sentiment Weakens

The Euro Area economy expanded by 0.1% in Q1, in line with market forecasts, while German economic sentiment took a turn for the worse.

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Gold Price Forecast: XAU/USD Faces Busy US Focused Trading Day

Gold prices could be losing their shine as key external factors approach including the US debt ceiling negotiations and Fed speakers.

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Breaking News: UK Employment Data Mixed as Unemployment Rises, GBP/USD Slides

The UK employment data came in mixed this morning as unemployment ticked higher but average earnings remained steady. GBPUSD continued its slide with a deeper retracement starting to look more likely.

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Crude Oil Boosted by US SPR Buying and Defies Soft China Data. Higher WTI?

The crude oil price maintained the gains on a sliding US Dollar overnight after several Fed speakers expressed their differing views. If China continues to struggle, will WTI hold up?

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Australian Dollar Dips on Soft China Data. Will AUD/USD Test Range Lows?

The Australian Dollar slipped after China’s industrial production and retail sales data missed estimates and has the market reassessing the state of the world’s second-largest economy.

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USD/JPY Price Outlook: Yen Eases on Improved Inflation data but Risks Accrue

The yen has surrendered gains against a rather resurgent dollar but increasing geopolitical risks brings the pair back into focus as. US debt ceiling is the main focus

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EUR/USD Price Forecast: EURUSD Grinds Higher Despite Industrial Production Slump

EURUSD holds above support at 1.0840 for now as weak data gives Euro bulls something to ponder. Where to next for EUR/USD?

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Gold Price Latest: Waiting for the Fed’s Thoughts, $2K Currently Provides Support

Gold is stuck in a small trading range so far with little in the way of high impact economic data to move the dial. A raft of Fed speakers this week may change this.

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GBP/USD Price Forecast: Pound Fixated on US Factors

GBP/USD remains at the mercy of the USD today as US debt ceiling and Fed guidance dominates headlines.

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Japanese Yen Retreats as US Dollar Takes Flight Despite Debt Debacle. Higher USD/JPY?

The Japanese Yen slipped again on Monday as the US Dollar ascendency continued despite the uncertainty surrounding the US debt ceiling issue. If a solution remains elusive, will it lift USD/JPY?

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US Dollar Leaps with Treasury Yields as Debt Ceiling Takes Centre Stage. Lower EUR/USD?

The US Dollar made strong headway to round out last week with Treasury yields moving north but the debt ceiling lingers as a potential driver of market sentiment. Will the USD rally continue?

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