EUR could attempt to recoup some of the recent losses against some of its peers, thanks to ECB’s hawkish hike, oversold conditions, and a spate of underwhelming Euro area macro data. What are the key levels to watch in EUR/USD, EUR/GBP, and EUR/AUD?...
BOE is expected to raise interest rates just as hopes of more stimulus from China gain momentum. Markets will be looking for cues from Powell’s speech for a justification of the dovish pricing....
Gold looks set to end a pivotal week with more questions than answers as market participants appear to be ignoring the Fed. Is a retest of $2000/oz on the cards?...
Market skepticism over the Fed’s plans to resume tightening and expectations that the ECB will have to do more in the coming months to tame inflation could push EUR/USD higher in the near term....
The Japanese yen weakened against the U.S. dollar after the Bank of Japan retained an ultra-dovish stance, with USD/JPY hitting fresh multi-month highs above 141.50....