Forex Market News
Updated: 1 hour 33 min ago
A broader technical picture offers perspective on price with respect to trend. Here are the updated targets & invalidation levels that matter on the weekly charts.
Three central bank meetings are on tap this week between Wednesday and Thursday, increasing the odds of significant volatility in FX markets mid-week.
The FX market centers around rate decisions out of the US and the UK this week, and GBP/USD is putting in a bullish breakout ahead of a key release of inflation numbers tomorrow morning.
The Japanese Yen may continue to build higher as G20 finance ministers spar over the latest hike in US tariffs, stoking global trade war jitters.
Central bank meetings in the United Kingdom and the United States will overshadow anything coming out of the Eurozone this week.
Gold prices are pressuring range support as markets brace for a Fed monetary policy announcement that might mark acceleration in the pace of interest rate hikes.
A much-anticipated monetary policy announcement from the Federal Reserve will shape price action across financial markets in the week ahead.
Gold prices could be at risk next week if the Federal Reserve echoes Chair Jerome Powell’s favorable outlook on the economy when they presumably hike rates again.
The coming week holds key events by way of the FOMC and BoE meetings; markets are still searching for sustainable buying pressure after the February plunge.
Crude oil is set for a second weekly gain despite a sharp rise in US output that shows little signs of slowing thanks to rising demand forecasts and geopolitical concerns as the market’s focus.
The Australian Dollar will be as in thrall to the week’s Federal Reserve monetary policy meeting as the rest of the currency complex
Sterling traders will be happy to see a raft of potentially market moving releases and events next week after a week of twiddling their thumbs.
The US Dollar is on the offensive as traders brace for what could be a major hawkish policy pivot at the Federal Reserve. Will Jerome Powell and company deliver?
Fundamental factors often drive the underlying price moves that then give way to ‘animal spirits’ that keep markets going. A recap of a busy week and the likely paths forward.
The near-term rebound in USD/JPY may continue to unravel ahead of the FOMC meeting as the pair extends the bearish sequence from earlier this week.
A marked downtick in the U. of Michigan Confidence survey may spark a bearish reaction in the U.S. dollar as it curbs bets for four Fed rate-hikes in 2018.
Crude oil prices are torn as markets weigh conflicting forces. Gold prices are pressuring critical range support before a much-anticipated Fed monetary policy decision.
The Yen may continue higher while the Aussie and Kiwi Dollars fall as financial markets’ foul mood in Asia Pacific trade extends into European and US hours.
NZD/USD one-week implied volatility is at a one-month high, hinting at elevated price action as we head towards a week where the Fed and RBNZ rate decisions are 2 hours apart.
March Fed rate hike odds remain at 100%, but odds for four hikes in 2018 are still below 40%.