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Forex
NZD/USD Price Analysis: Bearish pressures dominate, bulls may seek relief in potential correction
The daily RSI shows a rise in selling traction, supported by the MACD depicting growing red bars.
The hourly RSI indicates oversold conditions, signaling a…
Gold slumps and braces around $2,150.00 as US inflation reaccelerates
Gold retreats from the $2,180 mark, reacting to hot US inflation data and Fed's cautious stance on policy easing.
Rise in US Treasury yields post-PPI data…
Fed Preview: The main upside risk for the US Dollar is a revision higher in the dot plots – ING
Economists at ING analyze US Dollar’s outlook ahead of next week’s Fed meeting.
Dollar’s yield position is strong, even without a hawkish Fed
We recently…
Pound Sterling Price News and Forecast: GBP finds support as appeal for risky assets slightly improves
GBP/USD Forecast: Sellers to retain control while 1.2750 stays intact as resistance
GBP/USD lost its traction and continued to push lower as the technical…
AUD/USD extends downside after negative Chinese data
The Australian Dollar is hit by negative Chinese House Price data on Friday.
A fall in Chinese New Loans and M2 Money Supply add to the narrative of…
Gold Price Forecast: XAU/USD could set new records if the Fed signals that rate cuts are closer – Commerzbank
The strength of the Gold price is a little puzzling. Economists at Commerzbank analyze the yellow metal’s outlook.
A Fed rate cut has hardly moved any closer…
USD/JPY extends upside to 149.00 as focus shifts to BoJ, Fed policy
USD/JPY jumps to 148.80 on hopes that the BoJ will maintain its ultra-loose monetary policy stance on Tuesday.
The BoJ lacks a significant wage-price spiral…
Pound Sterling refreshes weekly low on dismal market sentiment
The Pound Sterling faces pressure as the appeal for risk-sensitive assets fade.
The UK economy grew as expected in January but fears of recession remain…
Oil stocks surge to multi-year highs – Is the bearish trend over?
Oil stocks broke above important resistances, hitting a fresh multi-year peak. Is this the end of the bears?
Technical picture of the XOI
In recent days…
US UoM Consumer Confidence Index declines to 76.5 in March vs. 76.9 expected
UoM Consumer Sentiment Index edged lower in March's preliminary reading.
The US Dollar Index stays in daily range above 103.00 after the data.
Consumer…