Euro Forecast: EUR/USD Breakout Gains Momentum but Fibonacci Resistance on Radar

EUR/USD rallied aggressively this past week, rising to its best level since February 2022. With momentum on its side, the pair’s outlook remains positive, but Fibonacci resistance may cap its upside going forward.

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EUR/USD Catches its Breath at Multi-Months Highs, Where to Next?

EUR/USD has been on a tear this week, on course for its largest weekly gain since November 2022. Can the dollar regain any semblance of strength ahead of the July FOMC meeting?

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USD/JPY Edges Up After Bruising Week, Japanese Yields Rise

The Japanese Yen has gained fully from general Dollar weakness as markets reassess US rate-rise chances

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GBP/USD Price Outlook: Dollar Selloff Drives Cable Rally Ahead of UK CPI

Cable’s impressive rally has been largely driven by the USD selloff. Additionally, the disconnect in US/UK inflation dynamics bodes well for sterling ahead of UK CPI

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Equity Rally Loses Some Steam as U.S. Earnings Season Kicks Off in Earnest​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 as the Q2 earnings season kicks off with the likes of JPMorgan, Citigroup, Wells Fargo and Blackrock.

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Gold (XAU/USD) Consolidates Recent Gains After Stubborn Resistance Falls

Renewed US dollar weakness has given gold the strength to take out a layer of stubborn resistance that has been holding the precious metal back for weeks.

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Bitcoin & Ethereum After Ripple Wins SEC Case: Preparing for an Advance

Cryptocurrencies jumped after a US judge ruled on Thursday that Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges. Technical charts suggest Bitcoin and Ethereum could be preparing for another leg higher.

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Oil Price Forecast: WTI and Brent Face Technical Hurdles. Where to Next?

Oil prices recent rally has run into some technical headwinds with US data later today likely to be key once more. Can Oil prices sustain recent gains and head higher?

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Gold Prices Hang on At Highs, Benign US CPI Prompts Rate Rethink

Non-yielding gold got a boost from news that the Fed seems to be winning its war on inflation.

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Dow, Nikkei 225 and CAC40 Rise after US CPI data

Indices worldwide were given a lift by US inflation data yesterday, which showed a slower pace of price growth, easing the pressure on the Fed to raise rates again.

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EUR/USD Soars on USD Weakness, EUR/GBP Struggles Against GBP Strength

EUR/USD is back to highs seen at the end of March last year, while EUR/GBP is probing lows last seen just under a year ago.

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UK Economy Shrinks Less Than Expected in May, GBP/USD Breaches 1.3000

The UK economy continues to surprise as GDP is now estimated to be 0.2% above its pre-covid levels from February 2020. Given that further hikes are expected, are recessionary fears justified?

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Gold Boosted by US CPI; Reverse Head & Shoulders Triggers in XAU/USD

Gold rebounded after US inflation slowed more than expected in June, reinforcing market expectations that the US Federal Reserve is nearing the end of its tightening cycle. To what extent could gold rise?

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Asia Day Ahead: Promising US Inflation Progress Drives Upbeat Market Mood

Lower-than-expected read in US inflation suggests that the tightening cycle from the Fed thus far are having its desired effect in moderating pricing pressures.

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GBPUSD Hits 15-Mo Peak On UK Rate-Hike Bets, Time for Pullback?

The Pound continues to garner strong support from the view that UK interest rates have much further to rise

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USD/JPY Plummets on Hotter Household Inflation Expectations

Inflation expectations point to sustained higher prices to claw back losses at an impressive rate as signs of demand driven inflation and sustained wage growth Inflation expectations point to sustained higher prices to claw back losses at an impressive rate as signs of demand driven inflation and sustained wage growth

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Stock Indices Remain Bid Ahead of US CPI Release

​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of Wednesday’s U.S. inflation report for June.

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EUR/USD Price Forecast: Euro Shaped by US Factors

The euro looks to US CPI for short-term guidance after which Fed and ECB speakers will provide their perspectives.

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US Dollar Slips While Japanese Yen Rallies Ahead of US CPI. New Lows for USD?

The US Dollar descent continued going into today’s much anticipated US CPI data point. The Japanese Yen has moved into the box seat with speculation of the BoJ shifting gears.

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All eyes on US CPI ahead, with mixed session in Asia: DJIA, USD/JPY, NZD/USD

The usual cautious lead-up to the US CPI release has failed to deter risk appetite in Wall Street overnight, as major US indices pushed higher on strength in value sectors.

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