The British Pound is anchored near the top end this week’s range after US Dollar gave some ground overnight with the focus on the Fed’s pace of tightening. Where to for GBP/USD?...
We are coming into the final ‘full’ trading day of the US holiday-shortened week and there is both a provocative congestion pattern on the S&P 500 and meaningful event risk on tap. A break is possible, but any potential of follow through is capped by liquidity conditions....
The New Zealand Dollar continued to firm after a jumbo 75 basis point rate hike by the RBNZ, setting a new record the central bank. Where to for NZD/USD?...
The S&P 500 rallied up a storm as the US Dollar sank after softer Richmond Fed Manufacturing data underscored the slowing inflation story. Ahead, all eyes are on the RBNZ rate decision....
Gold is guided heavily by the US dollar just as most traditional fiat currencies tend to be. That said, the driving fundamental motivations for the Greenback will have a greater weight over the precious metal. And, that puts the focus on Fed forecasts....
The US Dollar broke out to start the week and then pulled back to test support ahead of the release of FOMC meeting minutes from the November rate decision....
New data since the Reserve Bank of New Zealand’s October meeting suggests that a 75 basis point hike may be preferred to the 50 bps hikes deployed thus far...
EUR/USD is testing lower-high resistance after pushing down to a fresh weekly low yesterday – but are Euro bears read to re-take control of the single currency?...