Bitcoin & Ethereum Slide as Fed Signals Higher Rates: BTC/USD & ETH/USD Price Setups

Bitcoin and Ethereum have broken below key support after the US Federal Reserve left interest unchanged on Wednesday but signaled higher interest rates by the end of this year. What’s next for BTC/USD and ETH/USD?

from DailyFX - Market News https://ift.tt/ElVz6nd
via IFTTT

Japanese Yen Drops After FOMC: Price Setups in USD/JPY AUD/JPY GBP/JPY

The JPY slipped against USD after the Fed signaled more rate hikes. Improving risk appetite and ultra-easy BOJ policy reinforce the bearish backdrop in JPY. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?

from DailyFX - Market News https://ift.tt/8SlxDTF
via IFTTT

Australian Dollar Steadies on Jobs Data While China Slows. Where to for AUD/USD?

The Australian Dollar bounced after employment data today revealed a re-tightening of the labour market that might make the RBA’s July meeting ‘live’. Will AUD/USD go higher?

from DailyFX - Market News https://ift.tt/OT3W2U5
via IFTTT

High-for-longer rate outlook as takeaway from FOMC meeting: Gold Copper US dollar

The conclusion of the June meeting has seen the Fed keeping rates on hold in a widely-anticipated move, but a high-for-longer rate outlook seems to be on the horizon.

from DailyFX - Market News https://ift.tt/tCOhHXs
via IFTTT

New Zealand Dollar Dips on Soft GDP Data. Where to for NZD/USD?

The New Zealand Dollar ran lower after GDP printed below forecasts at 2.2% year-on-year to the end of May. Before the figures, Kiwi had been bought on a weakening USD. Will NZD/USD rally?

from DailyFX - Market News https://ift.tt/9HZeBa5
via IFTTT

US Dollar Falls Despite Hawkish Fed amid Skepticism of Higher Peak Rate Plans

The U.S. dollar falls despite the Fed’s hawkish policy outlook, as traders remain skeptical of policymakers' plans to resume rate hikes later this year, given the economic risks.

from DailyFX - Market News https://ift.tt/Ovxz3EW
via IFTTT

Outlook on FTSE 100 DAX 40 and S&P 500 ahead of Wednesdays FOMC meeting.

​​Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context.​

from DailyFX - Market News https://ift.tt/fp4mBF1
via IFTTT

Resilient UK GDP Report Keeps Pound Afloat Gilt Yields in Focus

GBP/USD maintains its upside as UK GDP remains steadfast ahead of the highly anticipated FOMC announcement later today.

from DailyFX - Market News https://ift.tt/5NGD19d
via IFTTT

Euro Gains as the US Dollar Frets ahead of the Fed after Benign CPI. Higher EUR/USD?

The Euro retreated from its peak for the month today as markets digest the implication of US CPI ahead of the Federal Reserve meeting later. If the Fed pauses, will EUR/USD rally?

from DailyFX - Market News https://ift.tt/LnWKCtU
via IFTTT

Cooling US inflation provides room for Feds wait-and-see: Silver Hang Seng Index GBP/USD

Further cooling in US inflation reflects some degree of success in policy moves thus far and provides room for the Fed to put on some wait-and-see at the upcoming FOMC meeting.

from DailyFX - Market News https://ift.tt/D43uLrP
via IFTTT

Gold Price Peels Lower Despite Soft US Dollar Ahead of the Fed. Lower XAU/USD?

The gold price is struggling to gain ground in the aftermath of US CPI data that dented the US Dollar. If the Federal Reserve keeps its target rate the same, will it help or hinder gold?

from DailyFX - Market News https://ift.tt/vqr4ixy
via IFTTT

US Dollar Drips Lower Ahead of Key Fed Decision Levels to Watch on DXY

The Fed's monetary policy decision and guidance on Wednesday will take center stage in financial markets and will be key in guiding the near-term path of the U.S. dollar.

from DailyFX - Market News https://ift.tt/5w8MQWg
via IFTTT

GBP Breaking News: Searing UK Jobs Report Lifts Pound

GBP/USD rallies on strong labor data including average earnings. The pound now looks ahead to US CPI for further guidance.

from DailyFX - Market News https://ift.tt/YD1jCXm
via IFTTT

Gold Price Flirts with Support as US CPI Shapes Views Ahead of the Fed and ECB

The gold price is bumping along an ascending trend line ahead of US CPI today that could see market dynamics pivot should the number surprise. Will a tilt to real yields dent XAU/USD?

from DailyFX - Market News https://ift.tt/tcNofFk
via IFTTT

FOMC Preview: Will US CPI Upset the Apple Cart?

US CPI could be the deciding factor for the Fed in its upcoming interest rate announcement on Wednesday.

from DailyFX - Market News https://ift.tt/BNj9urQ
via IFTTT

Positive start to the week as US CPI looms: Gold, Straits Times Index, Brent crude

Wall Street delivered a positive start to the week, with strength in rate-sensitive tech reflecting some confidence that the Fed’s tightening cycle will be heading towards its final phase.

from DailyFX - Market News https://ift.tt/aFtjzdQ
via IFTTT

US Dollar Bid Ahead of Inflation Data, USD/JPY Coils Inside Symmetrical Triangle

U.S. CPI data may help guide the Fed's near-term policy outlook, setting the tone for the U.S. dollar in FX markets. As for USD/JPY, the pair is coiling inside a symmetrical triangle, with a possible breakout in play.

from DailyFX - Market News https://ift.tt/NBbAhs8
via IFTTT

S&P 500 Bull Market: What Does Historical Performance Suggests from Here?

The S&P 500 enters a technical bull market despite navigating through restrictive financial conditions. What does the data reveal about the index from here?

from DailyFX - Market News https://ift.tt/sJYlNHD
via IFTTT

Gold Prices on Shaky Ground ahead of US Inflation Data and Key Fed Decision

U.S. inflation data and the Fed's monetary policy announcement will take center stage this week and guide gold prices’ trajectory in the near term.

from DailyFX - Market News https://ift.tt/R7QTqLu
via IFTTT

Oil Continues its Post-OPEC+ Slide, Multi-Week Lows in Sight

Ongoing recessionary fears and elevated US Treasury yields continue to weigh on oil which is now back to lows last seen at the start of the month.

from DailyFX - Market News https://ift.tt/Mrs8hwc
via IFTTT