DXY Index (USD) Holds Ground as Fed Hawks Eye off US CPI. New Highs Ahead?
The US Dollar has been gaining ground as the Fed’s interest rate hike cycle appears to be accelerating. Will the DXY index break a 2-year peak?
The US Dollar has been gaining ground as the Fed’s interest rate hike cycle appears to be accelerating. Will the DXY index break a 2-year peak?
Major banks will continue to report first quarter results in the coming days. On Thursday, earnings from Goldman Sachs, Wells Fargo, Citigroup, and Morgan Stanley will be in the spotlight.
The Australian Dollar could be poised to benefit in the second quarter, appreciating from the spillover effects caused by Russia’s attack on Ukraine
Every month, DailyFX Chief Strategist and IG US CEO Pete Mulmat sit down to discuss their favorite forex pairs. This week, John and Pete discussed USD sentiment, risks in EUR/USD, and commodity cur…
Fresh data prints coming out of Australia may prop up AUD/USD as employment is expected to increase for the fifth consecutive month.
The ECB is expected to keep interest rates unchanged at its April monetary policy meeting, but may signal that asset purchases will end “early” in Q3, a message that could boost the euro briefly
The Bank of Canada raised its key interest rate by 0.50% in an effort to fight sticky inflation that sits at three-decade highs.
The Euro has been losing ground to the US Dollar and the Swiss Franc of late as technical begin to turn. Can the Euro steady itself before making new lows?
JPM earnings relatively muted. Downside risks remain for the S&P 500.
Tomorrow’s ECB announcement could disappoint as the committee is likely to cite geopolitical challenges as a reason to stick to the current playbook