Euro Edges Up As Key US, German Inflation Numbers Approach. Powell On Tap Again – DailyFX
Euro (EUR/USD) Analysis and Chart EUR/USD Recover some of your previous losses Fed Chairman Powell’s comments lent some support to the dollar Trade likely to be weak in U.S. markets on Thursday inflation Numbers Our Q3 EUR technical and fundamental forecasts are available to download for free. Recommended by David Cottle Get your free EUR […]
Gold Price Update: Negative Divergence Hints at Lower Prices, NFP Marked Recent Bottom – DailyFX
Gold (XAU/USD) News and Analysis Global central banks continue to signal intention to increase gold holdings Gold has been trending lower since falling from its all-time highs, and any near-term gains appear to be limited. In this article, the analysis Chart Patterns and key Support and Resistance level. For more information, see our comprehensive Education […]
US Dollar Index Prints a One-Month High, USD/JPY Rallies Post-BoJ Meeting – DailyFX
US Dollar Index hits highest in one month, USD/JPY falls after Bank of Japan meeting Recommended by Nick Corley Forex for Beginners The US Dollar Index continues its recent upward trend, supported by declines in the Euro and the Japanese Yen. The Euro fell in the wake of last weekend’s European Parliament elections and expectations […]
US Dollar’s Path Tied to Inflation Outlook; Setups on EUR/USD, USD/JPY, GBP/USD – DailyFX
Most read: US dollar strengthens, outperforming US CPI data. EUR/USD, USD/JPY, GBP/USD settings After a lackluster performance earlier this month, the US dollar (DXY index) rose last week, gaining about 0.23% to 105.31. The recovery was fueled by a slight rise in U.S. Treasury yields and widespread caution among traders as they await the release […]
US Dollar Forecast: Markets Await US GDP & Core PCE – EUR/USD, USD/JPY, GBP/USD – DailyFX
Most read: Decoding Fedspeak: How Central Bank Comments Move Markets – Gold and the US Dollar The US dollar, as measured by the DXD index, earlier rose to a multi-month high, boosted by growing evidence that the Fed may wait a little longer before tapering policy restraints. A tight labor market and persistent inflation have […]
Japanese Yen Q2 Fundamental Forecast: Brighter Days Ahead, Catalysts to Watch – DailyFX
In this article, we mainly circle. To better understand the technical factors that will drive the direction of the Japanese currency in the second quarter, download our free Q2 forecast. Recommended by Diego Coleman Get Free JPY Forecast Market summary: Another bad quarter The Japanese yen has fallen sharply in the first three months of […]
Japanese Yen Q2 Technical Forecast: USD/JPY, EUR/JPY, GBP/JPY at Critical Juncture – DailyFX
In this article, we mainly circle. To better understand the fundamental factors driving the Japanese currency’s trajectory in the second quarter, feel free to download our comprehensive second quarter forecast. Free! Recommended by Diego Coleman Get Free JPY Forecast USD/JPY technical outlook USD/JPY soared in the first three months of 2024, gaining more than 7% […]
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat – DailyFX
US dollar forecast – EUR/USD, GBP/USD, USD/JPY USD Sales slow down on Monday ahead of a high-impact event later in the week core PCE Data and Powell’s speech on Friday will be the focus of attention. In this article: euro/usd, GBP/USD and USD/JPY Most read: USD Forecast: PCE data steals the show.Settings for EUR/USD, USD/JPY, […]
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances – DailyFX
Suggesting the possibility of a change in momentum with the golden whipsaw Precious metals rallied phenomenally following the FOMC meeting and summary of the latest economic forecasts. The US dollar acted as a vent for all the hawkish sentiment that was priced into the market. Some in the market feel obligated to remove one interest […]
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups – DailyFX
Most read: USD Outlook and Market Sentiment: USD/JPY, USD/CAD, USD/CHF The US dollar, as measured by the DXY index, rose last week and closed on Friday at its highest level since mid-February. The dollar rallied against the backdrop of shifts in global interest rate expectations, despite initially falling after the Federal Reserve ruled out new […]