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
GBP/USD, DXY PRICE, CHARTS AND ANALYSIS: GBP/USD Looks to Recover Yesterdays Losses and Holds Above the 100-Day MA Ahead of US Data. Price Action Remains Choppy as Cable Eyes Clarity from US Data. Will September Provide More Clarity? IG Client Sentiment Shows Retail Traders are Net Long on Cable. As We Take a Contrarian View
US Dollar (DXY) Price, Chart, and Analysis US inflation in line with market forecasts. Friday’s US NFPs will give a clearer picture of the US labor market. The latest US inflation data met expectations and caused barely a ripple in the market with both the y/y and m/m data inline. The US dollar moved a
US Dollar (DXY) Price, Chart, and Analysis Price stability remains key for the Fed. US dollar nudges lower. Recommended by Nick Cawley Traits of Successful Traders The conclusion of Fed chair Powell’s Jackson Hole keynote speech suggests that the central bank will ‘proceed carefully’ before making any decisions on future monetary policy decisions. ‘At upcoming
GOLD PRICE FORECAST: For Beginner Traders, Download Your Free Forex Guide Below Recommended by Zain Vawda Forex for Beginners MOST READ: USD/ZAR Forecast: Rand (ZAR) Slides Despite BRICS Expansion Plans, A Temporary Blip? Gold prices may have fallen back slightly from a 2-week high but remains up around 1.31% at the time of writing and
GBP PRICE, CHARTS AND ANALYSIS: For your Free Forecast Guide to Q3 on the GBP, Download It Below Now Recommended by Zain Vawda Get Your Free GBP Forecast Read More: US Dollar Forecast: Will Fed Chair Powell Inject Further Momentum at Jackson Hole? GBP held its own last week against its G7 peers with expectations
EUR/USD PRICE FORECAST: Recommended by Zain Vawda Get Your Free EUR Forecast READ MORE: US Dollar Forecast: Dollar Index Rally Continues with Fundamental and Technical Challenges Ahead EUR/USD has continued to trickle lower this morning, but a short-term retracement is beginning to look like a possibility. The Dollar Index (DXY) however, may cap any sustained
US Dollar (DXY) Price, Chart, and Analysis Headline US inflation y/y is expected to push higher US dollar volatility near multi-month lows. Recommended by Nick Cawley Get Your Free USD Forecast Financial markets are in wait-and-see mode ahead of the latest US inflation report that is due to be released today. Market volatility across most
GOLD PRICE FORECAST: For the Full Q3 Outlook on Gold Prices, Download the Guide Below Recommended by Zain Vawda Get Your Free Gold Forecast MOST READ: Canadian Dollar Outlook: USD/CAD, GBP/CAD Rise, Is the Oil Correlation Dead? Gold prices remain subdued with the 50-day MA capping any potential move to the upside with the help