• July 11, 2023
  • Market News
  • Comments : 0

USD/CAD Forecast: Bank of Canada’s Outlook to Shape Canadian Dollar’s Trajectory

Bank of Canada will announce its July monetary policy decision on Wednesday. The bank is seen raising interest rates by 25 basis points to 5.0% as part of its ongoing fight against high inflation....
Read More
  • July 11, 2023
  • Market News
  • Comments : 0

US Dollar Trips Ahead of US Inflation Data, USD/JPY Swoops on Fibonacci Support

The U.S. dollar gives up ground on Monday, extending last Friday’s losses ahead of the release of a key U.S. inflation report, which could help set the trading bias in financial markets in the coming days and weeks....
Read More
  • July 10, 2023
  • Market News
  • Comments : 0

Gold Price Update: Resistance Continues to Hold XAU/USD Bulls at Bay

Gold is unable to break through short-term resistance and may drift lower ahead of this week’s US inflation release....
Read More
  • July 10, 2023
  • Market News
  • Comments : 0

GBP/USD, EUR/GBP Outlook Ahead of a Data Filled Week

Sterling appears to be on the back foot at the start of the week following an impressive rally of late. Will Governor Bailey and UK Employment data keep Sterling supported?...
Read More
  • July 10, 2023
  • Market News
  • Comments : 0

EURUSD Holds Post-Payroll Gains, Market Weighs Rate-Rise Chances

The Euro got a boost last week as US labor-data made markets rethink just how high rates might go. It’s hanging on to those gains as new week gets under way...
Read More
  • July 10, 2023
  • Market News
  • Comments : 0

European stocks indices to open lower on sluggish Chinese economy

​​Outlook on FTSE 100, DAX 40 and S&P 500 as Chinese economy remains lacklustre....
Read More
  • July 10, 2023
  • Market News
  • Comments : 0

Australian Dollar Price Forecast: Chinese Inflation Hurts Pro-Growth AUD

AUD/USD looks ahead to Fed guidance later today after a weak start to the trading day....
Read More
  • July 10, 2023
  • Market News
  • Comments : 0

Crude Oil Dips After Large Gains as US Dollar Finds Firmer Footing. Lower WTI?

The crude oil price eased a touch today as it remains trapped in a range with soft Chinese data and Madame Secretary Yellen not ruling out a US recession. US CPI is now in view....
Read More
  • July 10, 2023
  • Market News
  • Comments : 0

Gold Price Steadies as US Dollar Under Pressure Ahead of CPI. Where to for XAU/USD?

The gold price is poised near US$ 1,930 going into the new week with a US Dollar losing traction despite Treasury yields ticking north. Will real yields play a role in XAU/USD direction?...
Read More
  • July 10, 2023
  • Market News
  • Comments : 0

Cracks Emerge in Japanese Yen’s Downtrend; USD/JPY, CAD/JPY, MXN/JPY Price Setups

The Japanese yen looks set this week to shed some of its gains against some of its peers, but cracks are starting to emerge in the Japanese currency’s broader downtrend that could limit any weakness....
Read More
1 … 193 194 195 … 437