Forex

Most Read: Gold Price Forecast: Bearish Correction May Extend Further Before TurnaroundThe U.S. dollar, as tracked by the DXY index, retreated sharply this past week, briefly reaching its lowest point…
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The price of Gold declines 1.10% along with other metals and most commodities. The more expensive US Dollar and higher bond yields continue to pressure Gold. The US Dollar Index is the only currency…
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US Dollar Slumps After NFPs Miss Expectations, US Equities Bid Recommended by Nick Cawley Get Your Free USD Forecast For all economic data releases and events see the DailyFX…
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Stocks fall as investors remain cautious of a strong indication of a hawkish Pivot from the Federal Reserve. Economists expect the Federal Reserve to indicate a delayed rate adjustment and less rate…
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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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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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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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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 (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 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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