• August 28, 2023
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EURO Forecast: EUR/USD, EUR/GBP Eye Reprieve Following Testing Week

EURO Bulls look poised to make a move on this low liquidity Monday with the UK on a bank holiday. A fresh bout of stimulus from China helps sentiment and the Euro advances in early trade....
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  • August 28, 2023
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XAU/USD Price Forecast: Gold Retains Gains Post-Powell

Gold prices look tentative this week ahead of key US economic data including GDP, Core PCE and NFPs. XAU/USD holds above $1900/oz....
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  • August 28, 2023
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Australian Dollar Boosted by Hang Seng Uplift on China’s Tweaks. Will AUD/USD Recover?

The Australian Dollar drifted higher today after China continued to announce measures to backstop a struggling economic outlook amid the Jackson Hole fallout. Where to for AUD/USD?...
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  • August 28, 2023
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US Dollar Flirts with Resistance After Powell; EUR/USD, GBP/USD, AUD/USD Price Action

The USD is holding gains against its peers after Powell warned of more tightening to bring down inflation to the 2% target. What is the outlook for EUR/USD, GBP/USD, and AUD/USD?...
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  • August 28, 2023
  • Market News
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Asia Day Ahead: Relief Rally to Start the Week Ahead of Key Macro Data

Wall Street managed to get through the Jackson Hole Symposium unscathed, despite a hawkish takeaway from Fed Chair Jerome Powell last Friday....
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  • August 28, 2023
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Japanese Yen Slides on BoJ and Fed Commentary from Jackson Hole. Higher USD/JPY?

The Japanese Yen is pondering a potential new low today with the US Dollar gaining traction post-Jackson Hole. The Fed and BoJ remarks may add to speculation to bolster USD/JPY....
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  • August 28, 2023
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Markets Week Ahead: US Dollar, Gold, Euro, NFPs, Key Fed Inflation Gauge, China PMI

The US Dollar mostly outperformed against its major peers as gold prices managed to push higher. Ahead, all eyes are on the Fed’s preferred inflation gauge, US non-farm payrolls and Chinese manufacturing PMI. What else?...
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  • August 25, 2023
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US Dollar (DXY) Undecided After Chair Powell’s Speech Gives Little Away

Fed chair Jerome Powell said that the central bank would continue to raise interest rates if needed but that they would proceed carefully....
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  • August 25, 2023
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Yen Price Outlook: USD/JPY Upside Back in Play, EUR/JPY Vulnerable

USD/JPY receives bullish boost ahead of Powell’s Jackson Hole speech which contrasts EUR/JPY fortunes which may extend on recent dovish ECB revelations...
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  • August 25, 2023
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Euro (EUR) Latest: EUR/USD Hit by Dollar Strength, EUR/GBP Bounces Off Support

The single currency is struggling against a robust US dollar ahead of Fed chair Jerome Powell’s keynote speech later today....
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