Market News and Updates

USD/CAD Rally Gathers Steam Following Wedge Breakout

USD/CAD PRICE, CHARTS and ANALYSIS: Recommended by Zain Vawda Download the Updated Q1 2023 USD Forecast Get My Guide MOST READ: USDCAD Offers a More Direct Contrast on Rates Post-Fed USD/CAD FUNDAMENTAL OUTLOOK USD/CAD has continued its upside move today amid a strong follow through from the dollar index. The European session saw gains capped … Read more

US Stocks Battered in the Aftermath of NFP’s – S&P 500, Nasdaq Sink

S&P 500, Nasdaq 100 Outlook: Recommended by Tammy Da Costa Get Your Free Top Trading Opportunities Forecast Get My Guide S&P 500, Nasdaq 100 Disheartened by Rate Expectations & USD Strength US stock indices have continued to trade lower after Friday’s NFP (non-farm payrolls) report sent shivers through the equity market. As the unemployment rate … Read more

British Pound Outlook: GBP/USD Yields to US Dollar Strength, Where to Next?

GBP/USD – Prices, Charts, and Analysis The US dollar pushes higher but is starting to look overbought. UK Q4 GDP on Friday is the next focus for Sterling traders. Recommended by Nick Cawley How to Trade GBP/USD Get My Guide The US dollar is pushing further ahead in early European turnover, buoyed by Friday’s blowout … Read more

Bank of Japan (BoJ) – Foreign Exchange Market Intervention

Bank of Japan (BoJ) – Foreign Exchange Market Intervention Recommended by Nick Cawley Get Your Free JPY Forecast Get My Guide The Bank of Japan’s ultra-loose monetary policy is under pressure from a swathe of global central banks embarking on a series of rate hikes and balance sheet reduction programs. While many central banks, including … Read more

USD/JPY Hits Fresh 3-Week High on Speculation of New BoJ Governor

USD/JPY PRICES, CHARTS and ANALYSIS: Recommended by Zain Vawda Download the Updated Q1 2023 Yen Forecast Get My Guide Most Read: US Dollar Blazes Higher on Solid Data as Geopolitics Play Out. Where to for USD? USD/JPY FUNDAMENTAL BACKDROP USD/JPY hit a fresh 3-week high in the Asian session trading above the 132.00 handle. The … Read more

EUR/USD Forecast: No Let Up for Euro Post-NFP, What Fed Pivot?

EUR/USD ANALYSIS & TALKING POINTS U.S. dollar strength develops in early trading. EZ retail sales and ECB’s Lagarde in focus today. Markets bet on 5% Fed peak rate once more. Weekly long wick candle could suggest more pressure on euro in the medium-term. Recommended by Warren Venketas Get Your Free EUR Forecast Get My Guide … Read more

US Dollar Blazes Higher on Solid Data as Geopolitics Play Out. Where to for USD?

US Dollar, DXY Index, USD, NFP, Fed, BoJ, USD/JPY, Nikkei 225, China – Talking Points US Dollar resumed strengthening today after Friday’s massive rally Risk assets appear vulnerable as Fed rate hike expectations re-accelerate If the US economy is booming, will the Fed act and what will it mean for USD? Recommended by Daniel McCarthy … Read more

Australian Dollar Tanks as US Dollar Roars Back to Life Ahead of RBA. Lower AUD/USD?

Australian Dollar, AUD/USD, US Dollar, Fed, Powell FOMC, RBA, Lowe – Talking Points The Australian Dollar has had a look lower to start the week AUD/USD is under pressure as the US Dollar reclaims the ascendency Tuesday will see the RBA decide on rates. Will it turn AUD/USD around? Recommended by Daniel McCarthy Get Your … Read more

Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, Jerome Powell, RBA

Recommended by Daniel Dubrovsky Get Your Free Equities Forecast Get My Guide Global market sentiment ended on a cautious note at the end of last week. On Wall Street, the Nasdaq 100 and Dow Jones fell -1.59% and -0.38% Friday. Still, the former ended the period in the green. Across the Atlantic Ocean, the FTSE … Read more

Dow’s Skepticism Anchors Nasdaq Volatility, Dollar Charged by NFPs and Rate Forecasts

Dow, Nasdaq 100, Dollar, USDJPY and Rate Forecasts Talking Points: The Market Perspective: USDJPY Bullish Above 132.00; EURUSD Bearish Below 108 In a week packed with event risk, the strong US NFPs and service sector activity shaped the Fed rate hike interpretation for a distinct Dollar take Where the Greenback’s fundamentals seem more direct, the … Read more

Breaking News – US NFPs Surge to 517k vs 185k Expectations, Unemployment Rate Falls to 3.4%

US Dollar (DXY) Price and Chart Analysis Recommended by Nick Cawley Trading Forex News: The Strategy Get My Guide Most Read: US Dollar (DXY) Latest: The Fed’s Dovish Nudge Sends the US Dollar Tumbling Total nonfarm payroll employment increased by 517k in January, and the unemployment rate fell to 3.4% according to the US Bureau … Read more

Central Bank Recap: Crucial Takeaways from the FED, BoE and ECB

Major Central Bank Roundup and Analysis Fed: The Fed still has questions around softer inflation but markets call its bluff Bank of England hints at a rate pause but keeps the door open to further hikes if required A unified ECB calls for multiple 50 bps hikes after this one as core inflation refuses to … Read more