Forex News and Market Analysis
AUD/USD Reverses Lower, on Softer RBA Minutes
AUD/USD is showing signs of weakness as it reverses lower after the RBA minutes last night pointed to a pause in rate hikes Full Article
USD/CAD Bounces Off Support, After the Softer February CPI Report
Inflation slowed down more than anticipated in Canada during February, which has sent USD/CAD bouncing off the support zone Full Article
USD/JPY Breaks Below the 50 Daily SMA As Safe Havens Continue Surging
USD/JPY reversed from below 138 two weeks ago and has been surging on banking crisis, which is keeping safe havens in demand Full Article
Main Indices Stabilize Ahead of Tomorrow’s FED Rate Decision
S&P 500 has been trading in a range in recent sessions, as traders wait to see where the FED will head next Full Article
Forex Signals Brief for March 21: Inflation Expected to Slow in Canada Too
Markets seem calmer this week as we head into the FOMC rate decision tomorrow, while today we have the CPI inflation from Canada Full Article
EUR/USD Shows Mixed Performance Ahead of Federal Reserve’s Interest Rate Decision
Traders and investors appear to be waiting for the Federal Reserve's (Fed) interest rate decision, as the euro-dollar exchange rate. Full Article
Ethereum Price Falls After Facing Resistance at $1,840 Against Greenback
Ethereum's price is falling after being met with resistance at the $1,840 level against the greenback. Full Article
Holding on to BTC Longs As Buyers Remain in Control on Strong Fundamentals
Bitcoin is looking increasingly bullish as cryptocurrencies benefit from the turmoil in the traditional banking system Full Article
Risk Sentiment Improves on As ECB Officials Do the Talk on Banking Issues
Risk assets are making a small comeback while safe havens are retreating as sentiment improves on central banks trying to calm markets down Full Article
Safe Havens Benefit on Hopes That This Is the Last Hike From the FED
Safe havens such as Gold and the JPY have been taking advantage of the financial troubles with the ban king system and lower FED rate odds Full Article
Crude Oil Looking Increasingly Bearish As Global Uncertainties Increase
This was one of the worst weeks in 2 years for crude Oil as it lost neatly $15, breaking below the $70 support Full Article
Forex Signals Brief for March 20: More Rate Hikes Coming This Week
Central banks are continuing the rate hike process, but markets might ignore them altogether this time as bank failures take the attention Full Article
EUR/USD Rises as Central Banks Join Forces to Avoid Liquidity Crunch
The euro is strengthening against the dollar to start the week, hovering around 1.0680. Full Article
Gold Price Corrects After UBS Announces Credit Suisse Rescue Plan
Gold (XAU/USD) has dropped to roughly $1,970 after UBS reported a rescue plan for Credit Suisse. Full Article
Closing an Anxious Week With Risk Assets Looking Increasingly Bearish
Risk assets tumbled lower this week, as bank problems escalate, although there was a slight improvement toward the end of the week Full Article
Bitcoin Facing the Next Challenge Above $27,000, As Cryptos Benefit From Uncertainty
Cryptocurrencies resumed the bullish momentum again this week, which sent BTC to $27,000 where it is facing the 200 weekly SMA Full Article
The 50 Daily SMA Held in USD/JPY But Risk-Off Sentiment Keeps It Subdued
USD/JPY was bullish for about a month, but the 200 daily SMA stopped the climb and it has retreated on the current banking crisis Full Article
USD/CAD Hesitating Below 1.40 As Risk Trades and Crude Oil Stall
USD/CAD stalled below 1.40 again after the latest rally but the pressure remains to the upside, as risk sentiment remains off Full Article