US Jobs Report to Guide US Dollar’s Outlook; EUR/USD, USD/JPY, GBP/USD Setups

The February's U.S. jobs report is poised to inject a considerable amount of volatility into financial markets and may play a pivotal role in shaping the near-term trajectory of the U.S. dollar.

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Japanese Yen Surges Against USD As Markets Again Mull BoJ Policy Exit

Could March be the month when the Bank of Japan finally tightens policy, or at least looks serious about doing so? Bets are increasing.

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US Dollar Drifts Lower, Gold Rally Continues, US NFPs on the Horizon

Federal Reserve Chair Jerome Powell gave little away yesterday at his semi-annual testimony to the House yesterday, leaving the US dollar in limbo ahead of Friday’s US Jobs Report.

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Euro’s Outlook Hinges on ECB Guidance; Trade Setups on EUR/USD, EUR/GBP, EUR/JPY

This article discusses the upcoming ECB decision and its potential ramifications for the euro's outlook. In the piece, we also explore the technical profile for EUR/USD, EUR/GBP, and EUR/JPY, assessing price action dynamics and market sentiment.

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US Dollar Falls, Fed’s Resolve in Question; USD/JPY, USD/CAD Setups Before NFP

The U.S. dollar weakens amidst falling U.S. Treasury yields, as markets raise doubts about the Fed's commitment to wait longer before cutting rates. Focus now shifts to the upcoming U.S. jobs report.

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Euro Gains Again As Markets Look to Big ECB, Powell Double Bill

There’s plenty of action still to come this week for both sides of the modestly bullish EUR/USD pair

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Gold Price Latest: All-Time High Remains Within Touching Distance

Later today Fed Chair Jerome Powell will testify before the House Financial Services Committee and gold traders will be listening carefully.

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Bitcoin (BTC) Posts a New All-Time High Before Prices Turn Sharply Lower

The cryptocurrency market jumped and dumped quickly today after Bitcoin set a new all-time high. Further losses ahead or a short-term market correction?

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S&P 500, Nasdaq Ease After Apple and Tesla Lead Indices Lower

Apple have been fined $2 million in their anti-trust case in Europe while Tesla’s sales in China dropped 25%, weighing on high-flying indices

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Crude Oil Prices Struggle As China Growth Plans Fail to Convince

Oil prices remain stuck between still-plentiful global supply and concerns about energy demand in major industrial economies

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Japanese Yen (USD/JPY) on Edge as Signs of Wage Pressures Appear

A second Japanese official has given a mildly hawkish policy outlook, citing fresh wage pressures, bolstering market expectations that a rate hike may be triggered, sooner rather than later.

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Gold Prices Surge Ahead of Key US Data, All-Time High in Sight

Gold has surged over the last two trading sessions, elevating 30-day gold volatility in the process. Central bank demand for the precious metal is expected to continue in 2024

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Nasdaq Bulls Maintain Upward Trajectory Ahead of US Data, Fed Speakers

The tech-heavy index started the week around Friday’s close but trading appears muted in a week of ‘high importance’ US data including Powell’s testimony and NFP

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Oil Price Outlook: OPEC+ Extends Supply Cuts into Q2, WTI & Brent Ease

OPEC+ kept supply cuts in place, with Russia surprising markets by constraining its output for Q2. Red Sea strikes add to upside potential but growth concerns linger

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British Pound Gains Again Despite UK Spring Budget Jitters

The Chancellor will need to refrain from any unfunded offers to voters this week. Sterling might suffer if he doesn’t.

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Gold (XAU/USD) Price Probes Fresh Multi-Month Highs, More to Follow as NFPs Loom?

Last Friday’s sharp rally sent gold back to levels not seen since early-December. With little in the way of technical resistance ahead of last year’s spike high, will gold continue to rally?

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Markets Week Ahead: Gold Breaks Out as EUR/USD Eyes ECB; Powell, BoC & NFP Loom

The upcoming week brings a flurry of central bank activity and high-impact economic data, setting the stage for potential volatility in financial markets.

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Gold Price Forecast: Bullish Breakout Continuation Hinges on US Jobs Data

Gold surges past crucial resistance levels, hitting its highest mark since December of the previous year. The sustainability of this week's bullish breakout, however, depends on the upcoming U.S. jobs report.

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Euro (EUR) Price Latest – EU Core Inflation Remains Sticky, EUR/USD Testing 1.0800 Again

EU core inflation y/y dipped to 3.1% in February from 3.3% in January but came in above market expectations of 2.9%. EUR/USD eyeing a break below 1.0800.

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Japanese Yen Outlook: Yen Appeal Proves Short-lived, Wage Data in Focus

The Japanese Yen has surrendered the majority of its gains just 24 hours after BoJ Board Member Hajime’s calls for policy normalisation. Huge focus on wage data this month

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