Share: Silver price volatility compresses near $23.00 while the US Dollar remains subdued. Investors turn baffled between rising hopes of the Federal Reserve’s (Fed) soft landing and resilient US dollar. Silver price consolidates below the 61.8% Fibonacci retracement at $23.30. Silver price (XAG/USD) demonstrates a volatility squeeze near the crucial support of $23.00,
Share: The US Dollar is set to book another week of gains. No focal data points on Friday, so expect tepid market movements. The US Dollar Index fails again to hold the 105.00 level, and could start to peak. The US Dollar (USD) has had a strong week after a series of US
Share: US Dollar Index remains dicey after a downbeat start to the week that snapped two-day winning streak. Mixed US data, unimpressive Fed talks confirms September inaction, odds of witnessing one rate hike in 2023 defend DXY bulls. US Labor Day holiday, China-inspired risk-on mood allowed Greenback buyers to take a breather. US
Share: The Dollar has strengthened into the Jackson Hole Symposium and economists at ING think a hawkish tone by Fed Chair Powell is now largely priced in Powell’s hawkishness looks largely in the price The recent firmness in the Dollar probably factors in some of the markets’ expectations for a hawkish tone by
Share: All eyes are on the Kansas City Fed’s Jackson Hole Symposium. On Friday, ECB’s Lagarde and the Fed’s Powell will speak. During the Asian session, the Tokyo Consumer Price Index is due. Later in the day, a new reading of German GDP and the IFO survey will be released, and later the
Share: The index moves lower and approaches 103.00. US yields maintain the march north unabated. Fedspeak, housing data will take centre stage later on Tuesday. The greenback, in terms of the USD Index (DXY), grinds lower and puts the 103.00 region to the test on turnaround Tuesday. USD Index looks at Fedspeak, Jackson
Share: Next week, key events in the US include Retail Sales data and the release of the FOMC minutes. Market participants will also closely listen to comments from Fed officials as they prepare for the Jackson Hole Symposium. In the UK, inflation and employment data will be reported. The RBNZ will have its
Share: The US Dollar is unchanged near the New York opening bell. Very light data calendar points to a rather uneventful day in the wake of US inflation data on Thursday. The US Dollar Index nudges lower, eyes key support test. The US Dollar (USD) is trading sideways to slightly lower as markets
Share: US Dollar up against G7 peers with the Greenback in demand on Monday. Slow start of the week with some minor data points coming out. The US Dollar Index consolidates above 102 and flirts with more upside potential. The US Dollar (USD) is holding on to gains against most major peers with the
Share: A relatively quiet week is expected in terms of economic events, with no central bank meetings scheduled. However, a critical economic report to watch out for is the US Consumer Price Index (CPI) on Thursday. Here is what you need to know for next week: The US Dollar pulled back on Friday,
