© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Monday, but remained near six-month highs as traders cautiously awaited several key central bank rate decisions this week, most notably from the Federal Reserve. At 03:05 ET (07:05 GMT), the Dollar Index, which tracks the greenback against a basket of six other
Spot gold made headway today with China’s property sector revisiting its debt profile as markets contemplate central bank actions this week. Will XAU/USD break the range? Gold, XAU/USD, US Dollar, China, HSI, Crude Oil, Fed, BoE, BoJ – Talking Points Gold is challenging the US$ 1,930 level again today Problems for China’s developers soured the
© Reuters. Investing.com– Most Asian currencies fell on Monday, while the dollar steadied near six-month highs as markets hunkered down before several key central bank rate decisions this week, most notably the Federal Reserve. Lingering concerns over China, particularly the country’s struggling property market, also kept broader sentiment subdued. Chinese police detained some employees of
Share: USD/CAD struggles to gain any meaningful traction and oscillates in a range on Monday. Bullish Oil prices underpin the Loonie and act as a headwind amid a modest USD slide. The downside seems limited as traders seem reluctant ahead of the FOMC policy meeting. The USD/CAD pair kicks off the new week
Recommended by Daniel Dubrovsky How to Trade EUR/USD The US Dollar mostly underperformed against its major counterparts this past week, especially against the Chinese Yuan, Canadian Dollar and Australian Dollar. Meanwhile, the Greenback had better luck against the British Pound and the Euro. EUR/USD confirmed a 9th consecutive weekly loss, the longest losing streak since
U.S. DOLLAR ANALYSIS Stout US economy may extend appetite for future rate hikes. Fed expected to hold rates at current levels. Bearish divergence suggests short-term dollar weakness to come. Recommended by Warren Venketas Get Your Free USD Forecast DOLLAR INDEX FUNDAMENTAL FACTORS The US dollar had a rollercoaster of a week with beginning with mixed
The market is 50/50 on whether the Federal Reserve is done with rate hikes this year but we’re very likely close to the peak. With that, eyes are on bonds and what might be a rare opportunity to get 4.5% in 10-year notes. Is it time to buy? Today, Deutsche Bank notes that history suggests
Share: The EUR/USD couldn’t extend recovery motivation after getting knocked back by Lagarde. Friday rebound facing downside pressure as US Dollar maintains strength. Next week sees market movers on the cards with EU inflation figures, FOMC. The EUR/USD is set to close out Friday’s trading on the back foot, testing the week’s lows
USD/JPY Analysis USD/JPY edges higher after uptick in US CPI reinforces ‘higher for longer’ narrative Fed forecasts in focus as markets look for confirmation on peak rates and CPI forecasts IG client sentiment hints at bullish fatigue as recent positioning data reveals a change in course The analysis in this article makes use of chart
Share: In the view of economists at ING, EUR/USD sensitivity to the Dollar leg and – by extension – US activity data should be even higher at this point. Driven even more by the Dollar after dovish ECB hike We think that at this stage EUR/USD will revert to being even more driven
