Dollar hits one-week high on caution ahead of central bank meetings By Investing.com
© Reuters By Geoffrey Smith Investing.com — The dollar hit its highest level in a week in early trading in Europe on Tuesday, as markets worldwide dialed down their risk appetite ahead of some big central bank meetings over the next couple of days. By 03:00 ET (08:00 GMT), the , which tracks the greenback […]
Gold Slides Ahead of Fed Decision!
Gold began a correction as prices slipped away from the $1950 zone yesterday. The yellow metal started the year well as evidence has grown that monetary tightening have peaked. Up over 20% from last year’s low, is this price movement just a retracement, or are we looking at a full reversal? Timestamps XAUUSD 01:30 DXY […]
Euro Steadies Ahead of Crucial Fed and ECB Meetings This Week. Higher EUR/USD?
Euro, EUR/USD, US Dollar, Fed, ECB, China PMI, AUD/USD. Crude Oil – Talking Points Euro support eased as markets look toward rate changes this week. A strong Chinese PMI wasn’t enough to overcome weak local data for the Aussie The Fed, ECB and BoE are in the box seat this week. Where will EUR/USD end […]
Bitcoin Forecast: Potential Rise is Still Ahead
Bitcoin is pulling back from the level of 22500, therefore the bulls keep on pushing the coin till the resistance level of 25000. The asset is likely to head up and possibly retest the level of 22500 soon. So, let’s observe what will happen this week.American stock index S&P 500 has touched a very important […]
XAU/USD bulls could emerge ahead of Federal Reserve
Gold price hourly chart shows that the price is being jammed into the lows of the day. Gold price could see a short squeeze for the day ahead as traders get set for the Federal Reserve. The Gold price has drifted lower for a third day and is testing structure as we head towards key […]
EUR/USD Tests 1.0900 – ECB Rate Decision, Inflation and Growth Data Ahead
EUR/USD Price, Chart, and Analysis German Q4 GDP misses expectations and turns negative. EUR/USD is back above 1.0900 ahead of major data and events. Recommended by Nick Cawley Get Your Free EUR Forecast Most Read: EUR/USD Technical Outlook: Minor Setback on the Cards? German gross domestic product (GDP) turned negative in the fourth quarter of […]
US Dollar Poised Ahead of Fed as China Returns. Where to for USD?
US Dollar, DXY Index, USD, Fed, FOMC, China, CSI 300, Hang Seng – Talking Points The US Dollar remains range bound as the Fed meeting looms An impending tightening by the BoE and ECB also clouds expectations China’s re-opening might provide a bright spot. Will that send the DXY index lower? Recommended by Daniel McCarthy […]
XAU/USD stays defensive above $1,920 support as US Dollar steadies ahead of Fed, NFP
Gold price bounces off intraday low but stays directionless after closely missing the bear’s entry in the week. China’s return boosts Asia-Pacific shares, S&P 500 Futures bear the burden of firmer yields. XAU/USD bulls appear running out of steam even as Fed’s dovish hike, downbeat expectations from US NFP probe bears. Gold price (XAU/USD) aptly […]
Dollar cautiously firm ahead of busy central bank week By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar firmed on Monday and distanced itself from an eight-month trough ahead of a slew of central bank meetings this week, including the Federal Reserve’s, with traders keenly focused […]
US equity futures slide ahead of the open. Intel plunges
I expect worries about the Federal Reserve to start to weigh on sentiment in the run up to the FOMC and we might be seeing the start of that now. S&P 500 futures are down 16 points, or 0.4%. Shares of Intel are the big loser, down 9.4% on poor earnings and guidance. On the […]