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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The Dollar has continued to jump through the first week of Q3 trade and tomorrow brings the first Non-farm Payrolls report for the quarter. Buckle up.
S&P 500, Nasdaq 100 Dive Ahead of Key US Inflation Data, Start of Earnings Season
U.S. stocks fall on Monday amid fragile sentiment on recession angst ahead of the June US inflation report and the official start of the second quarter earnings season.
AUD/USD Eyes June 2020 Low After Failing to Defend July Opening Range
AUD/USD may attempt to test the June 2020 low (0.6648) as the exchange rate fails to defend the opening range for July.
FX Week Ahead – Top 5 Events: Eurozone Economic Sentiment; UK GDP; US Inflation Rate; BOC Rate Decision; Australia Jobs Report
The turn into the middle of July promises a global smattering of key data releases.
EUR/USD Slumps and Flirts with Parity on EU Energy Crisis; US Inflation Data Eyed
EUR/USD sinks to its lowest level in nearly two decades and flirts with exchange rate parity on fears that Russia may indefinitely cut off some energy supplies to the European Union.
S&P 500 Under Pressure as Evening Star Formation Starts to Build
S&P 500 futures started the week on the back foot as technical formations hint more pain could be ahead.
GBP/USD Recovery Hopes Appear Dim After Breaking June Low
The British Pound fell below its June low versus the US Dollar overnight as embattled Prime Minister Boris Johnson faces an increasingly perilous position. Oil falls again as China tightens Covid m…
EUR/USD Update: Nord Stream Goes Offline, EURUSD Attempts Parity
Today marks the first day of Nord Stream’s routine maintenance, sparking fears that normal gas flows may not return. EUR/USD reloads for next drop towards parity.
British Pound Q3 2022 Forecast: The Bank of England – It’s Time to Decide
The second quarter of the year has been a tricky three months for the Bank of England (BoE) as inflation continued to soar – and is expected to rise further – while growth slowed to a crawl, sparki…
AUD/USD Forecast: Aussie Unphased by Strong Chinese Credit Data
AUD/USD extends losses despite Chinese credit data while global markets are gripped by recessionary fears ahead of U.S. CPI.
