US Dollar Struggles Despite Fed Hawks Screeching for Hikes. Where to for the USD Index (DXY)?
The US Dollar has been trading sideways for 2-weeks despite the Fed signalling a faster rate hike agenda. Will the DXY index resume the uptrend?
The US Dollar has been trading sideways for 2-weeks despite the Fed signalling a faster rate hike agenda. Will the DXY index resume the uptrend?
U.S. stocks rise Thursday, clawing back losses from the previous session, as traders shrug off new sanctions imposed on Russia, shake off Fed jitters and welcome strong U.S. economic data.
The rally in AUD/USD may push the RSI into overbought territory for the first time in 2022 as the exchange rate appears to be on track to test the October high (0.7556).
Each major EUR-cross has its own story to tell.
USD/CAD has breached confluence support near the 1.2600 area. If the breakout is sustained in the coming sessions, sellers could launch on attack on the January 2022 lows in the near term.
The FTSE 100 has rejected critical resistance at 7,500 as price action looks for direction. Can FTSE prices climb higher or is a reversal looming ahead?
AUD/USD may soon test the October 2021 high after prices pierced above the former 2022 high as risk-on flows increase across financial markets. Meanwhile, traders cautiously monitor the Ukraine con…
A flash PMI survey for March showed business activity remains strong in the US, fueled by robust demand for goods and services.
The Monetary Policy Committee voted 3:2 in favor of a 25 bps hike and revised both GDP growth and inflation higher from the January meeting
The outlook for Ethereum is turning positive again as a series of higher lows pushes ETH/USD back into a cluster of prior swing-lows.