US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/CAD
The US Dollar has been downright tame despite the global fireworks showing elsewhere. USD is coiling into compression and this can lead to a large move at some point.
The US Dollar has been downright tame despite the global fireworks showing elsewhere. USD is coiling into compression and this can lead to a large move at some point.
The S&P 500 falls in a volatile session on Monday amid negative market sentiment after the U.S. and Europe impose heavy economic sanctions on Russia for invading Ukraine.
The Bank of Canada (BoC) interest rate decision may push USD/CAD toward the February low (1.2636) as the central bank is expected to deliver a 25bp rate hike.
The start of a new month brings forth a crowded economic calendar.
The Russian Ruble is about to experience the worst week in its history.
EUR/USD has fallen slightly as the Russia Ukraine war remains at the forefront of sentiment. How will energy prices impact monetary policy and rising inflation?
The Euro continues to shrug off headlines tracking the crisis in the Ukraine. The currency may turn lower if ECB vs. Fed monetary policy bets retake center stage in earnest.
Geopolitics continues to drive market sentiment. Gold and oil gap higher, however, gains begin to fade.
The Bank of Russia hiked interest rates to 20%, from 9.5%, in an effort to stem the Russian Ruble’s heavy losses after the US and the West imposed a SWIFT banking ban this weekend.
Major FX volatility set to continue as Russia’s economic restrictions incites warnings of a potential nuclear retaliation. FX remains highly reactionary to news flows