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USD/JPY Records its Largest Daily Gain Since Mid-June, More Upside Ahead?

USD/JPY Records its Largest Daily Gain Since Mid-June, More Upside Ahead?

USD/JPY consolidates following yesterday’s gains. Due to the lack of economic data any further moves are likely to be driven by the dollar index....
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Euro (EUR/USD) Outlook Muted Ahead of ECB and Fed Policy Decisions

Euro (EUR/USD) Outlook Muted Ahead of ECB and Fed Policy Decisions

With little data or events of note on the economic calendar today, traders will start looking ahead to next week’s FOMC and ECB all important policy...
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GBP Update: Spirited Pound May be Losing Ascendency Against the USD

GBP Update: Spirited Pound May be Losing Ascendency Against the USD

GBP/USD is trading at key technical levels as the dollar finds support from U.S. economic data....
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Crude Oil Ponders Course as Markets Fears the Return of the Fedi. Lower WTI?

Crude Oil Ponders Course as Markets Fears the Return of the Fedi. Lower WTI?

The Euro backed away from parity again after the US Dollar ascendency got back on track after the Federal Reserve got its message across loud and clea...
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Australian Dollar Yawned After RBA Hike by 0.25% as Expected. Where to for AUD/USD?

Australian Dollar Yawned After RBA Hike by 0.25% as Expected. Where to for AUD/USD?

The Australian Dollar was little changed after the RBA raised the cash rate target by 25 basis points to 3.10% as the central bank goes into a 2-month...
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Gold Price Sinks on ISM Services Surprise, XAU/USD Bearish Technical Warning Eyed

Gold Price Sinks on ISM Services Surprise, XAU/USD Bearish Technical Warning Eyed

Gold prices sank on Monday as the US Dollar gained after an unexpectedly strong ISM Services print. XAU/USD left behind a bearish Evening Star, will t...
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Japanese Yen Tumbles as US Dollar Soars, Australian Dollar Turns to the RBA Next

Japanese Yen Tumbles as US Dollar Soars, Australian Dollar Turns to the RBA Next

The Japanese Yen slumped, sending USD/JPY higher in a very rare move as the US Dollar gained and stocks dropped. Ahead, the Australian Dollar is eyein...
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Dollar and Risk Asset Reversals Throw Off Anticipation of Major Tend Developments

Dollar and Risk Asset Reversals Throw Off Anticipation of Major Tend Developments

There was some exceptional volatility last week and the hints of tentative trend developments – most notably a breakdown of the Dollar and attempted...
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S&P 500 Technical Analysis: Trendline Resistance, 4k Support Test

S&P 500 Technical Analysis: Trendline Resistance, 4k Support Test

The S&P 500 found resistance last week at a key spot, but is this a mere speed bump for bulls on the way to a Santa rally? Or are bears gearing up...
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