Hawks dominate latest round of Fed speak; stocks slip, dollar rebounds But rate cut odds little changed as US jobs report awaited Yen firms after Ueda opens door to more rate hikes Oil extends gains on geopolitical tensions, but gold pulls back Fed officials cast doubt about rate cuts Fresh uncertainty about the timing and […]
GBPJPY is in the red again today, not far from its recent high It has dropped below the January 2, 2024 ascending trendline Momentum indicators are in waiting mode for the next key market events GBPJPY is trading lower again today as the market is preparing for today’s US labour market report, which could play […]
USDCAD bounces off 200-day SMA MACD and RSI are still weak USDCAD is moving slightly higher following the rebound off the simple moving averages (SMAs), remaining within a short-term ascending channel. Technically, the MACD oscillator is holding beneath its trigger line and near the zero level, weakening its momentum, while the RSI is pointing marginally […]
We introduce you to the daily updated section of Forex analytics where you will find reviews from forex experts, up-to-date monitoring of financial information as well as online forecasts of exchange rates of the US dollar, euro, ruble, bitcoin, and other currencies for today, tomorrow and this trading week. Video Agenda: 00:00 INTRO 00:13 Totay’s […]
The 10-year US yield is a key determinant of FX moves It tends to drop when the Fed prepares to cut its interest rates Despite market expectations about the Fed, the 10-year US yield remains high A stock market correction could be a catalyst for a sizeable drop in US yields The 10-year US yield […]
Details of economic calendar on April 4 On Thursday, data on the EU producer price index was published. The annual rate of decline in factory inflation escalated from -8.0% to -8.3% in March, but this happened only due to an upward revision of previous data, from -8.6%. At the same time, the revision of previous […]
Central bank decisions in Eurozone, Canada, and New Zealand. Highlight will be the ECB – likely to signal a rate cut in June. In US, dollar will be driven by inflation stats and Fed minutes. 0:00 Intro 0:16 ECB Meeting 1:55 Euro 2:59 US CPI and Fed Minutes 4:47 US Dollar 5:25 BoC and Loonie […]
Our weekly #TechnicalAnalysis looks at the key events that are expected to shake the #markets the most. This week, the focus is on #NFP report, Eurozone flash #CPI and Canadian #employment report and will be looking at how #USDJPY, #EURUSD and #USDCAD may react. 0:00 Intro 0:19 USDJPY 1:59 EURSD 3:34 USDCAD For more information […]
Our weekly #TechnicalAnalysis looks at the key events that are expected to shake the #markets the most. This week, the focus is on #NFP report, Eurozone flash #CPI and Canadian #employment report and will be looking at how #USDJPY, #EURUSD and #USDCAD may react. 0:00 Intro 0:19 USDJPY 1:59 EURSD 3:34 USDCAD For more information […]
Nonfarm payrolls report and European flash CPI to shape rate cut bets. ISM PMIs to also be important for Fed expectations and US dollar. Canadian employment and Chinese PMIs also on the agenda. 0:00 Intro 0:15 US inflation and Fed 1:51 US ISM PMIs and NFP data 3:17 Eurozone CPI and euro 4:46 BoJ’s Tankan […]
· USD/JPY consolidates gains after touching important resistance · EUR/USD faces some recovery, but threats remain · Will gold surpass last week’s all-time high? 0:00 Intro 1:00 USDJPY 3:44 EURUSD 6:22 Gold For more information on the topics discussed in this video, including detailed charts and tables, read the full Weekly Technical Outlook article: https://www.xm.com/research/analysis/technicalAnalysis/xm/weekly-technical-outlook-usdjpy-eurusd-gold-194856 […]
Dollar recovers after Fed selloff, turns to PCE inflation. Yen falls despite rate increase, testing three-decade lows. Quarter-end flows could disturb the waters in a quiet week. 0:00 Intro 0:16 Forex Market 1:48 PCE Inflation 2:15 US Dollar Outlook 3:17 Yen and BoJ 4:06 USDJPY For more information on the topics discussed in this video, […]
Our weekly #TechnicalAnalysis looks at the key events that are expected to shake the #markets the most. This week, the focus is on central bank meetings of #Fed, #BoE and #SNB and will be looking at how #EURUSD, #GBPUSD and #USDCHF may react. 0:00 Intro 0:12 EURUSD 01:22 GBPUSD 02:57 USDCHF For more information on […]
Fed meets on Wednesday with focus on new dot plot. Will the Bank of Japan finally end negative rates on Tuesday? BoE and RBA to stick with patience, SNB might be in more of a rush to cut. Flash PMIs plus inflation data in the UK, Japan and Canada will also be crucial. 0:00 Intro […]
USD/JPY eyes 200-day SMA after dramatic downfall; US CPI next on the calendar GBP/USD resumes bullish outlook as UK jobs data loom Nvidia stock sinks the most in a while. Where next for the AI king? 0:00 Intro 0:55 USDJPY 2:59 GBPUSD 5:13 Nvidia For more information on the topics discussed in this video, including […]
US inflation and retail sales data to take the spotlight as dollar slips. UK jobs and GDP numbers coming up too amid recession woes. Will markets hold their nerve before the looming central bank storm? 0:00 Intro 0:15 US CPI 2:27 Retail Sales 3:16 UK GDP 3:55 Jobs Data 4:39 Pound For more information on […]
USD/JPY holds above 20-day SMA as investors wait for fresh rate signals EUR/USD inside a constraining zone as ECB rate decision looms USD/CAD stabilizes near December’s barrier ahead of BoC policy meeting 0:00 Intro 0:47 USDJPY 3:33 EURUSD 6:02 USD/CAD For more information on the topics discussed in this video, including detailed charts and tables, […]
Nonfarm payrolls and Powell’s testimony will be crucial for US dollar. European Central Bank could set the stage for summer rate cuts. 0:00 Intro 0:20 US economy and dollar 2:08 Powell’s testimony and US jobs report 3:18 Eurozone economy 4:28 ECB meeting and euro For more information on the topics discussed in this video, including […]
Our weekly #TechnicalAnalysis looks at the key events that are expected to shake the #markets the most. This week, the focus is on #US core #PCE price index, #Eurozone #CPI and #RBNZ policy decision and will be looking at how #USDJPY, #EURUSD and #NZDUSD may react. 0:00 Intro 0:14 USDJPY 1:44 EURUSD 3:07 NZDUSD For […]
US core PCE and Eurozone flash CPIs to keep inflation worries in the foreground. Japanese and Australian inflation numbers also coming up. RBNZ might strike a hawkish tone. Manufacturing PMIs also in the spotlight. 0:00 Info 0:10 Core PCE Inflation 1:55 US Dollar 2:32 EZ Inflation and Euro 4:06 RBNZ and Kiwi 6:00 Yen and […]
Will USDJPY find its next bullish catalyst this week to resume its uptrend? EURUSD stays victim to the dollar; needs significant gains to violate downtrend GBPUSD supported, but not bullish yet; focus on 1.2700 region 0:00 Intro 0:44 USDJPY 3:37 EURUSD 5:45 GBPUSD For more information on the topics discussed in this video, including detailed […]
Dollar shines after inflation surprise, awaits latest Fed minutes. In Europe, business surveys will be crucial for euro and sterling. 0:00 Intro 0:16 US dollar and Fed minutes 2:51 UK PMIs and pound 4:38 Eurozone economy and PMIs For more information on the topics discussed in this video, including detailed charts and tables, read the […]
Our weekly #TechnicalAnalysis looks at the key events that are expected to shake the #markets the most. This week, the focus is on US #CPI, UK #CPI and #GDP data, and Japanese #GDP and will be looking at how #EURUSD, #GBPUSD and #USDJPY may react. 0:00 Intro 0:15 EURUSD 1:41 GBPUSD 3:17 USDJPY For more […]
All eyes on US CPI on Tuesday after run of strong data. Retail sales on the agenda too for the US dollar. Pound on standby for UK data flurry, including CPI and GDP. Japanese GDP coming up too. 0:00 Intro 0:09 US CPI 1:00 Fed Rate Cuts 2:20 US Dollar 2:40 UK CPI 3:29 UK […]
USD/JPY halts post-NFP gains near familiar resistance; ISM services PMI awaited AUD/USD misses a bullish breakout. Will the RBA come to the rescue? USD/CAD stuck within the 1.3400 territory ahead of Canadian jobs report 0:00 Intro 0:36 USD/JPY 2:47 AUD/USD 5:03 USD/CAD For more information on the topics discussed in this video, including detailed charts […]
Dollar cannot sustain Fed-fueled advance, will ISM data help? Reserve Bank of Australia could abandon its tightening bias. 0:00 Intro 0:17 Fed decision and US dollar 2:38 ISM non-mfg data 3:08 RBA and aussie For more information on the topics discussed in this video, including detailed charts and tables, read the full Week Ahead article: https://www.xm.com/research/analysis/previews/xm/week-ahead-rba-decision-and-us-data-on-the-menu-192611 […]
Analysis of transactions and tips for trading USD/JPY Further growth became limited because the test of 150.53 coincided with the sharp rise of the MACD line from zero. Shortly after, another test took place, but sales could not be done because of the lack of overbought conditions for the pair. No other market signal appeared […]
Technical outlook: EUR/USD is pulling back after hitting the 1.0755-60 potential resistance defined earlier. The single currency pair found initial support around the 1.0680 mark as projected and we can expect an intraday bounce towards 1.0725 at least before bears are back in control. Also, note that 1.0680 is the Fibonacci 0.382 retracement of the […]
Early in the European session, gold (XAU/USD) was trading around 1,968.75 above the 21 SMA within the downtrend channel formed on November 3. The recovery of the dollar index (USDX) made the XAU/USD fall to 1,956 recorded yesterday during the American session. Bearish pressure remains in force and gold could resume its decline if it […]
EUR/USD Higher Timeframes Bears continued the decline yesterday and tested the area of influence of the lower boundary of the daily cloud, but they couldn’t hold onto the achieved levels. Today, the situation remains within the limits, with the boundaries being 1.0733 – 1.0766 (weekly levels) and 1.0638 – 1.0614 (daily levels + weekly short-term […]
