• March 23, 2023
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US Dollar (DXY) Touches a Fresh 7-Week Low Despite a 25bp Fed Rate Hike

The US dollar is seemingly disregarding another US interest rate hike and is turning lower as traders weigh up the odds for any further increases...
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  • March 23, 2023
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EUR/USD Price Outlook: Dovish FOMC Statement Propels EURUSD Higher

After the ECB’s 50 basis point hike and the possibility of a Fed pause at current levels, fierce dollar selling continues. In fact, markets now anticipate US rate cuts...
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  • March 23, 2023
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Gold Prices Turn to US Initial Jobless Claims to Gauge SVB Economic Shock

Gold prices gained as the US Dollar and Treasury yields fell after the Federal Reserve rate decision. All eyes turn to US initial jobless claims to gauge the economic impact of SVB’s collapse....
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  • March 23, 2023
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S&P 500 Sinks After Powell Speech and Yellen Testimony, Will US Dollar Rebound?

The S&P 500 sank 1.6% in the aftermath of Jerome Powell’s press conference and testimony from Janet Yellen. Risk aversion seems in the cards, will the US Dollar pull ahead?...
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  • March 23, 2023
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Fed Hikes Rates to Zap Inflation, Offers Less Hawkish Guidance, US Dollar Sinks

The Federal Reserve raised interest rates by 25 bp to 4.75%-5.00% at the end of its March policy meeting, adopting a less hawkish guidance than in previous months, a sign the hiking cycle is nearing its end....
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  • March 23, 2023
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US Dollar Wavers Ahead of Fed Decision. What Should Forex Traders Expect?

The U.S. dollar, as measured by the DXY index, moves between small gains and losses on Wednesday, as traders avoid taking large directional positions ahead of the Fed’s monetary policy decision....
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  • March 22, 2023
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Gold Patiently Awaits the Fed’s Next Move – How Will XAU/USD Respond?

Gold prices have turned bearish after a strong rally pushed XAU/USD above the psychological level of $2,000. Will the Fed allow gold to resume the uptrend?...
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  • March 22, 2023
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USD/JPY Price Outlook: Scenario-Based Trade Setups Ahead of FOMC

In the wake of recent panic, the Japanese yen flourished. This article takes a look at possible USD/JPY price action using a scenario-based approach...
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  • March 22, 2023
  • Market News
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US Crude Oil Knocked Back By Shock Inventory Build As Fed Looms

It’s not quite all about the US central bank for the oil market Wednesday, inventory data are haunting it too...
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  • March 22, 2023
  • Market News
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EUR/USD Bounce Facing Strong Resistance at the 1.08 Level Ahead of FOMC

EURO benefits from hawkish stance by ECB President Lagarde. Will the Fed spring a hawkish surprise and keep EURUSD bears hopeful?...
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