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Forex
US Dollar on Tenterhooks Ahead of US Jobs Data; Setups on GBP/USD, EUR/USD
Most Read: US Dollar Outlook Post Fed Decision: EUR/USD & GBP/USD - Technical AnalysisThe U.S. dollar (DXY) experienced a slight decline on Thursday, continuing its pullback following the Federal…
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Market News – Stocks mixed; Yen support still on; Eyes on NFP & Apple tonight
Economic Indicators & Central Banks:
As the Fed maintained a “high-for-longer” stance, stocks gave up their gains with attention turning back to earnings.
Chair Powell and the Fed…
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Fed Keeps Rates Steady, Grows Cautious on Inflation; Gold, USD, Yields Await Powell
FOMC DECISION – APRIL 30- MAY 1 MEETINGThe Fed holds interest rates steady at the end of its April 30-May 1 meeting, in line with expectationsForward guidance in the FOMC statement remains unchanged…
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Understanding the Implications of the FOMC Meeting
The FOMC will issue its post-meeting statement at 18:00 GMT tonight. “High-for-longer” is the expected outcome (but not higher) given more indications that progress on bringing inflation…
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Oil Prices Drop after US Employment Data Lifts USD, FOMC Next
Oil (Brent Crude, WTI) AnalysisTopside surprise in US employment costs stoke USD and ‘higher for longer’ narrative ahead of FOMC meetingEIA revision sees US oil demand rise in FebruaryBrent crude, WTI…
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German Inflation Fails to Support The Euro. Earnings Support The NASDAQ!
German inflation increases from 2.2% to 2.4% and beat expectations. However, the currency struggles to witness significant gains.
Tesla is the best performing stock in pre-trading hours as the…
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Euro Holds Gains Against Dollar Despite Sharp EUR/JPY Fall
EUR/USD and EUR/JPY Analysis and ChartsEUR/USD took back some of Friday’s lossesBulls remain in charge, if not by a huge margin nowEurozone inflation numbers on Tuesday will be front and center for…
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European PMIs Paint Mixed Picture, ECB advise a June Cut is Certain
The German DAX recorded its highest monthly increase as investors continue to predict a weaker EU monetary policy.
JP Morgan again advised stocks are overcrowded and may see a stronger downward…
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Gold Weekly Forecast: XAU/USD Bullish Drivers Dissipate
Gold (XAU/USD) Weekly Forecast: BullishGold volatility subsides ahead of high importance US dataGold nudges higher despite lack of major bullish driversRisk events ahead: US quarterly refunding…
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Stocks rise following earnings data release. Investors shift focus to Meta!
Tesla stocks rose a whopping 13.00% after market close supporting the SNP500 and NASDAQ.
Tesla earnings failed to achieve the expected earnings per share figure. However, the CEO has announced the…
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