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British Pound Steadies Ahead of Fed and BoE as Markets Pause. Will GBP/USD Go Lower?
The British Pound levelled off against the US Dollar today as markets recalibrated ahead of key central bank meetings. Will GBP/USD downtrend continue?
S&P 500, Dow, Nasdaq 100 Forecast: Stocks Surge and Build on Bullish Momentum
After struggling for direction in the morning, U.S. stocks find their footing and push higher in late trading, building on the previous session’s monster rally.
USD/CAD Rate on Track to Threaten March Opening Range
USD/CAD appears to be on track to test the monthly low (1.2587) as it extends the series of lower highs and lows from earlier this week.
Oil Price Forecast: Crude Recovers Ahead of 50-Day SMA
The price of oil may stage a larger rebound over the coming days as it reverses ahead of the 50-Day SMA ($92.88).
Crypto Doomsday
The year 2022 will mark the demise of cryptocurrency as we know it
Australian Dollar Forecast: AUD/USD Soars, but Trendline Resistance Could Derail the Rally
AUD/USD has rallied in recent days, and is now approaching key technical resistance near the 0.7420 area, where sellers could retake control of the market and trigger a pullback.
Oil and Energy Stocks are Over Extending | tastytrade clips
As the market begins to rally again and risk-sentiment regains, Ilya thinks some fundamentals in the global supply chain need to be priced in before oil prices can reach an equilibrium.
S&P 500 and Nasdaq 100 Slightly Lower as Markets Digest Federal Reserve Rate Hike
Markets take a breather following a robust pre-FOMC melt up. S&P 500 and Nasdaq 100 both at key resistance.
AUD/USD Grapples its 50-Day Simple Moving Average in APAC Trading as FOMC Nears
AUD/USD is trading at the 50-day Simple Moving Average as traders prepare for the potentially high-impact FOMC event tonight. Meanwhile, oil prices continue to fall on Chinese demand fears.
Bank of England Hikes Rates by 0.25%, GBP/USD Slumps
The Bank of England hiked interest rates by 25 basis points today, as expected, but the overall dovish tone of the release slammed Sterling lower.
