US Dollar Sinks, Holds on For Dear Life, Setups on Gold, EUR/USD, GBP/USD
This article focuses on the technical outlook for EUR/USD, GBP/USD and gold, analyzing the main price thresholds to watch in the coming day
This article focuses on the technical outlook for EUR/USD, GBP/USD and gold, analyzing the main price thresholds to watch in the coming day
USD/JPY tested key support today at 142.00 but a failure to break this level tomorrow could lead to a recovery. Will US PCE data prove to be a much-needed catalyst?
This article analyzes the technical and fundamental outlook for the Russell 2000 and examines the main variables that could determine near-term price developments.
Final reading of Q3 2023 GDP shows US economy grew by 4.9%, downwardly revised from the 2nd estimate of 5.2%. Another positive which adds to rate cut expectations but PCE data tomorrow holds the key.
Bitcoin is pushing higher again and is close to printing a fresh multi-month high as the cryptocurrency risk on rally continues.
Indices hit a brief bout of volatility yesterday, jolting them out of their quiet move higher for a time.
USD/CAD prices are trading at extreme levels ahead of Canadian earnings and retail sales as well as the US GDP report.
Gold is pushing gently higher and testing old resistance levels ahead of the last major data release of the year, US PCE. Will a benign number give gold another push higher?
Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflations surprises to the downside.
GBP prices weakened as UK inflation showed a drastic decline that could lead to the BoE cutting rates earlier than expected.