RBA Rate Decision on Watch, AUD/NZD below key support

Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast Another push higher in Treasury yields kept risk sentiments broadly in check, as the US 10-year yields surged to touch another new high since 2007 at 4.68%. A lesser-than-expected contraction in US manufacturing purchasing managers index (PMI) reading (49 vs 47.8 est), along

Asia FX muted as Fed fears persist, yen rises amid intervention watch By Investing.com

Investing.com– Most Asian currencies moved little on Thursday amid persistent concerns over hawkish signals from the Federal Reserve, while the Japanese yen rose slightly as markets watched for any intervention in currency markets by the government.  The dollar remained perched at 10-month highs, with the and moving little in Asian trade. But most regional currencies

EUR/USD on Breakdown Watch, EUR/GBP Stuck in No Man’s Land For Now

Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter EUR/USD ANALYSIS EUR/USD has been falling on a sustained basis since mid-July more or less. This downward trend has been primarily driven by the contrasting economic performance of the United States and the

EUR/USD on Fed Watch, UK CPI Tests EUR/GBP Range

Euro (EUR/USD, EUR/GBP) Analysis Markets Await the Fed’s Summary of Economic Projections for Clues The euro has recovered a large portion of losses against the dollar, as markets look to the updated quarterly forecasts known as the summary of economic projections for clues. EUR/USD dropped immediately after the ECB decided to hike interest rates, for

USDCHF Technical Analysis – Watch this key support

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. The US CPI last week came in line with expectations, so the market’s pricing remained roughly the same. The labour market displayed signs

EURUSD Technical Analysis – Watch this strong resistance

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and kept all the options on the table. The US CPI yesterday came in line with expectations, so the market’s pricing remained roughly the same. The labour market displayed signs of

Watch live: Apple event | Forexlive

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Cautious mood ahead of US CPI, JPY on watch amid BoJ’s Ueda comments

Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy Major US indices attempted to stabilise towards the end of last week (DJIA +0.22%; S&P 500 +0.14%; Nasdaq +0.09%), but gains remained feeble following recent de-risking in tech and concerns of a resurgence in inflationary pressures. Thus far, Wall

Gold Price Outlook Hinges on Key US Inflation Data, XAU/USD on Breakdown Watch

GOLD PRICE FORECAST Gold prices lack direction, languishing near the lowest level since August 29, as traders await new data The August U.S. inflation report, due for release next Wednesday, may be an important catalyst for precious metals This article looks at key XAU/USD’s technical levels that may come into play in the near term