• September 20, 2022
  • Market News
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Euro Price Forecast: Shocking German PPI Data Unable to Deter EUR Upside

The euro has been grinding higher but tomorrow’s FOMC meeting could change its fortunes as EUR/USD manages to hold its head above parity....
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  • September 20, 2022
  • Market News
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Euro Goes 1-on-1 with US Dollar as Markets Prep for Rate Hikes from Fed and Elsewhere

The Euro is equal to 1 US Dollar as markets strap in for an abundance of central bank action this week with the Fed being the headline act. Will a Fed hike sink EUR/USD?...
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  • September 20, 2022
  • Market News
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S&P 500 Volatility, Rising US Yields and Deepening Housing Recession Overshadowed by Fed Wait

There were a few market holidays to start this week, but the fundamental wheels have not stopped turning. With rate speculation and recession fears swelling, the only thing keeping volatility from turning into something bigger may be anticipation for Wednesday’s FOMC rate decision....
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  • September 20, 2022
  • Market News
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Gold Prices Hinge on FOMC Decision as Speculators and ETF Traders Sour on XAU

Gold prices are little changed ahead of the Federal Reserve’s interest rate decision. Speculators and ETF traders are losing confidence in the XAU trade as global rates tighten. The BoE and SNB are also on tap....
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  • September 20, 2022
  • Market News
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Australian Dollar Steady After RBA Meeting Minutes Ahead of Fed and BoJ

The Australian Dollar is caught up in the whirlwind of central bank actions this week as the RBA meeting minutes support higher domestic rates. Where to for AUD/USD?...
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  • September 20, 2022
  • Market News
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Nasdaq 100 Manages to Climb Out of a Hole, Will the Nikkei 225 and ASX 200 Follow?

The Nasdaq 100 managed to climb out of a hole to finish in the green on Monday, possibly setting up the Nikkei 225 and ASX 200 for a rosy session. But, will their downside bias persist?...
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  • September 20, 2022
  • Market News
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USD/CAD Struggles to Test November 2020 High Ahead of Canada CPI

The update to Canada’s Consumer Price Index (CPI) may keep USD/CAD afloat as inflation is expected to slow for the second month....
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  • September 20, 2022
  • Market News
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USD/JPY Trades at Support as APAC Markets Look Higher Ahead of Japanese Inflation

Asia-Pacific markets look set to open higher after a rosy Wall Street session. Japanese inflation data is on tap as the Bank of Japan decision nears and USD/JPY trades at support....
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  • September 20, 2022
  • Market News
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Crude Oil Price Reverses Ahead of 50-Day SMA to Eye Monthly Low

The price of oil may track the negative slope in the 50-Day SMA ($91.92) as it reverses course ahead of the moving average....
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  • September 20, 2022
  • Market News
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S&P 500, Nasdaq, Dow Consolidate as FOMC Nears

U.S. equity indices finished in positive territory amid a volatile trading session ahead of the highly anticipated FOMC monetary policy decision on Wednesday. Guidance is going to be of significant interest...
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