EUR to USD Uptrend Under Threat on ECB Interest Rate Cuts
The rate of EUR to USD has encountered significant resistance around 1.10 and now the ECB rate cut comments are weighing on EUR/USD Full Article
FED interest Rate Cut Odds Lower Despite Weaker US Data
In the last two days, the economic data from the US has been mostly weak, but the odds of FED interest rate cuts have declined, helping USD Full Article
The $2,150 Support Holds, After Gold Price Dips on Stronger PPI
Today many were expecting retail sales to have the biggest impact, but PPI inflation stole the show sending Gold price down to $2,150 lows Full Article
USD Higher As Unemployment Claims Calm Employment Worries
The main event for the day was the release of US Retail Sales, but Unemployment Claims were also important, as they show the state of the US Full Article
Swiss Franc Selling, As USD/CHF and EUR/CHF Remain Bullish
The USD to CHF rate keeps trading in a range, however, we might see a strong surge in USD/CHF if US retail sales are strong Full Article
June FED Interest Rate Cut On the Table Despite Sticky US Inflation
The declining trend in inflation has stopped, with headline and core CPI sticking above 3%. But markets still anticipate a June rate cut Full Article
Gold Price Tumbles on Lower FED Rate Cut Odds After US Data
XAU made an incredible rally last week, with the Gold price increasing by $150 to record highs. But today we're seeing a pullback in Gold Full Article
Stronger February US CPI Inflation Help USD to Yen Resume Uptrend
The Rate of USD to Yen fell 4 cents last week, but the trend is turning bearish and today's CPI numbers from the US are helping push USD/JPY Full Article
US CPI Inflation Likely to Send USD Down, Rather Than Up
Everyone will be glued to the screen later in anticipation of the US CPI inflation report, which is more likely to be dovish for the USD. Full Article
USD Consolidates in Anticipation of Strong US Inflation CPI
The market sentiment today seems subdued, as traders await the US CPI inflation report tomorrow. They fear a tick higher in the February CPI Full Article
NFP Numbers Interrupt the Bullish Euro and SPX Trend
NFP data released today gave a bullish surprise for the US dollar. The expected number was 200k, and the actual release printed at 275k Full Article
Yen to USD Rate Moves 3 Cents, As FED’s Powell Confirms Rate Cuts
One of the highlights of the week is the testimony from the FED chairman Jerome Powell at the US Congress, which is weighing in the USD Full Article
Gold Price Touches $2,150
Seems like there's no stopping in XAU/USD as buyers keep pushing the Gold price higher every day, breaking one level after another. Full Article
XAU Holds Gains After Gold Price Soars $20
The gold price has been trading in a range between $2,020 and $2,040, but with a bullish tilt, as highs have been getting higher. Today XAU Full Article