US Dollar (DXY) Latest: EUR/USD and GBP/USD on Hold Ahead of US CPI
With little of note on the economic calendar today, the US dollar is in a holding pattern ahead of Thursday’s US inflation report. USD-pairs remain listless ahead of the data.
With little of note on the economic calendar today, the US dollar is in a holding pattern ahead of Thursday’s US inflation report. USD-pairs remain listless ahead of the data.
The December U.S. inflation report, due for release on Thursday, is poised to provide clarity on the Fed's monetary policy outlook, helping guide the near-term trajectory of both gold prices and USD/JPY
This article focuses on the technical outlook for EUR/JPY and GBP/JPY, examining critical price thresholds that could act as support or resistance in the coming trading sessions.
Sentiment data in Europe picks up where it left off at the end of 2023, showing green shoots of optimism. However, the hard data reveals the economic reality
Sterling is back above 1.2700 against the US dollar as UK interest rate cut expectations ease. Thursday’s US inflation report may add volatility to the pair.
Falling inflation expectations and Saudi Arabia’s move to cut export prices for oil meant that equities have finally found their footing after a difficult start to the year. However the Hang Seng is once again an outlier, as it falls once again
The drastic drop in the US services ISM report brought an end to the recent USD/JPY lift. Now the pair has to contend with the 200 SMA and channel support ahead of US CPI
This article focuses on gold’s near-term outlook, analyzing closely the fundamental and technical factors underlying recent market moves for the precious metal.
This article focuses on the technical outlook for EUR/USD, GBP/USD and USD/JPY, examining major price thresholds that could act as support or resistance in the coming days ahead of U.S. inflation data.
Brent and WTI oil dropped around 4% on Monday after Saudi Arabia discounted a key benchmark price for oil heading to Asia as increased competition, lower demand take effect