Euro Challenged as US Dollar Skips Up on Higher Treasury Yields. Where to For EUR/USD?
The Euro may have got a reprieve from the French election potentially being resolved, but a strong US Dollar has dominated. Will EUR/USD break lower?
The Euro may have got a reprieve from the French election potentially being resolved, but a strong US Dollar has dominated. Will EUR/USD break lower?
U.S. stocks rose earlier in the day after core CPI grew less than expected, but gave up all gains and finished lower as the macroeconomic environment remains challenging for risk assets.
The Bank of Canada (BoC) interest rate decision may drag on USD/CAD as the central bank is expected to deliver its third rate hike in 2022.
The Nasdaq 100 and S&P 500 put Monday’s dreadful session in the rearview mirror, with both benchmarks posting near 1% gains.
Ilya explores Russia’s sentiment, price action in the Euro, and the ideal forex pairs to watch and avoid as Russia moves into negotiations.
AUD/USD is in focus as Asia-Pacific trading kicks off for the week. The lockdowns in Shanghai are under watch as traders prep for several potential high-impact events, including Chinese CPI tonight.
U.S. inflation accelerated in March and reached its highest level since December 1981 amid soaring energy costs, but core CPI grew less than expected, a sign the worst may be over.
The FX market is greatly impacted by interest rates. Learn about currency interest rates and how to trade the forex market when rates change.
Markets split on whether the RBNZ delivers a 25 or 50bps hike. Eyes on AUD/NZD pullback amid a larger hike.
The German and EU ZEW sentiment reports were revealed to show growing concerns about the economy but easing inflation expectations softens the dire figures