EUR/USD Price Forecast: EUR/USD Looks to ECB Forum for Guidance

EUR/USD looks to continue its recovery following a late week selloff. Will Geopolitical tension weigh or will ECB President Lagarde be the catalyst for another bullish run?

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Japanese Yen on Intervention Watch: USD/JPY EUR/JPY GBP/JPY Price Setups

JPY gained slightly after Japan’s top diplomat said authorities will respond to excessive moves in the currency market. What is the outlook for USD/JPY, EUR/JPY, and GBP/JPY?

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British Pound After BoE Rate Hike: GBP/USD EUR/GBP GBP/AUD Price Action

The subdued reaction to the surprise interest rate hike by BoE last week could be a sign that the British pound’s rally could be due for a minor setback against some of its peers. How do GBP/USD, GBP/AUD, and EUR/GBP look?

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Asia Day Ahead: Subdued Start to the Week Amid Light Calendar in the Region

Last Friday brought another downbeat session in Wall Street, with the S&P 500 adding to recent losses to close 1.4% lower for the week.

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Markets Week Ahead: Nasdaq Gold USD Powell US PCE Germany Ifo China PMI Australia Retail Sales

The week’s calendar looks busy with central bank officials’ speeches, including Fed Chair Powell and ECB President Lagarde, as risk appetite has taken a back seat following aggressive tightening by global central banks. Key focus will be on US PCE Price Index data, Germany Ifo and China PMI data.

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USD/JPY Price Forecast: More Misery to Come for Japanese Yen?

The Japanese Yen heads into a US data filled week on the backfoot as the Fed and BoJ look to be diverging once more.

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Euro Outlook: EUR/USD Veers Off Bullish Path after Rejection at 1.1000. Now What?

EUR/USD fails to hold above 1.1000 and turns lower heading into the weekend, dropping below the 1.0900 handle and challenging a key trendline support. Will the bears be rebuffed?

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GBP/USD Slips Back as Weak Eurozone Data Favor Haven Greenback

GBP/USD hasn’t derived much support from this week’s big interest rate rise from the Bank of England

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Oil Price Forecast: WTI and Brent Rally Fails at the First Hurdle Further Downside Ahead?

Oil prices face renewed selling pressure as a combination of hawkish Central Banks and rising recessionary fears weigh on prices. Is a retest of the YTD low on the cards?

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FTSE 100 back in negative territory DAX and S&P 500 come off highs

​​Outlook on FTSE 100, DAX 40 and S&P 500 as further rate hikes lie in store.

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Euro Breaking News: Frightful German & EZ PMIs Exacerbate Risk Off Move on EUR/USD

The euro is on offer this morning as German and EZ PMI’s miss forecasts while risk aversion augments the downside move.

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Asia Day Ahead: US Megacap Tech Shined; Series of PMI Readings to End the Week

Fed Chair Jerome Powell reiterated his hawkish tone but Wall Street seems to be taking it in stride this time, with the S&P 500 and Nasdaq overturning their three-day losing streak.

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Gold Prices Still Struggling BoE Shows Global Rates Have Further to Rise

Gold remains mired despite some less hawkish than expected testimony from the Fed’s Powell

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British Pound (GBP) Volatile as Bank of England Hikes by 50 Basis Points

The Bank of England (BoE) hiked rates by 50 basis points today, by a majority of 7-2, as the central bank reiterates its commitment to driving down inflation

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Turkey Central Bank Meeting Preview: Erdogan and the Turkish Lira Eye Redemption from Policy Pivot

President Erdogan seems to have come to terms with the idea of policy normalization. Can USD/TRY fall back toward the 20.0000 handle on potential hawkish forward guidance?

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Dow Nasdaq 100 and Nikkei come under pressure following hawkish Powell testimony

​​Indices have seen further selling this morning, as concerns about hawkish central bank policy drive risk-off sentiment.​

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AUD/USD Price Forecast: US Influences Shaping Aussie

AUD/USD looks to Fed Chair Jerome Powell for direction today with no Australian data scheduled.

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Canadian Dollar Outlook: USD/CAD in Freefall after Double Top Confirmation Signal

USD/CAD extends its recent sell-off and challenges trendline support near 1.3150 after validating a bearish double-top pattern late last week.

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Bitcoin (BTC/USD) Posts a Six-Week High on Positive News Flow

The price of the largest cryptocurrency hit a fresh six-week high today, buoyed by news that BlackRock, the world’s largest asset manager, has filed for a spot BTC ETF

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Euro Cautiously Higher As Mr Powell Heads to Capitol Hill

Markets often trade nervily when they’re about to hear from the Fed Chair, Wednesday is no exception

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