AUD Forecast: FOMC Communication Pivotal for Australian Dollar
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data.
AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data.
UK GDP disappoints ahead of major central bank meetings. The pound is understandably weaker heading into the FOMC and BoE meetings
The Nasdaq 100 consolidates higher and reaches its best level since early 2022 after pushing past key resistance levels, but the Fed may end its upward momentum if it issues a hawkish policy outlook.
Gold’s attempt to break back above the $2000 mark was met with selling pressure today as US CPI data provided a somewhat mixed bag. Will the FOMC assist Gold bulls or are we in for further downside?
This article analyzes the technical outlook for EUR/USD and GBP/USD, identifying significant price levels poised to act as support or resistance ahead of the Fed’s monetary policy announcement.
The UN climate change conference (COP28) failed to reach agreement on the phasing out of fossil fuels on Tuesday. Growth concerns eyed ahead of FOMC projections
US inflation was largely in line with estimates but the increase in the MoM CPI and Core MoM prints mean the Fed are likely to push back on growing rate cut expectations.
Rand prices rallied this Tuesday on some encouraging South African production data while USD/ZAR traders keenly await US CPI later today.
While US indices are looking strong ahead of today’s CPI reading, the Nikkei 225 has been hit by some selling.
The latest ZEW economic sentiment data showed optimism picking up in Germany and the Euro Area, beating market forecasts, as economists eye lower interest rates next year