What to Expect from the US CPI Inflation and Implications for the USD!
Today we have two major central bank meetings and the FOMC minutes, but the US CPI inflation will likely steal the show in a while. Full Article
USD Giving Signs of Life – What Does the Dollar Has Going for Itself?
The US Dollar has shown some resilience in 2024, but it has been retreating for a week. But, what are the upsides for the USD? Full Article
USD to Resume Uptrend as Markets Expect 2-3 FED Interest Rate Cuts
At the end of 2023, traders were anticipating up to 6 FED interest rate cuts in 2024, but they have been reduced to just 2 or 3 cuts now Full Article
The USD DXY Index Down Again Today as Jobless Claims Jump
The US Dollar turned quite bullish during most of March, but the DXY index has reversed lower this week, going through a sharp retreat. Full Article
The US Dollar Poised for Further Gains on Dovish Central Banks
The USD dollar has been showing resilience since the reversal following the initial reaction after the FOMC meeting. Full Article
Slight Retreat in USD Before the Next Bullish Assault
The USD made a strong comeback after the FED last week and today's retreat seems week before another bullish move Full Article
Bullish Break in USD, Ending the Week Up After Dovish FED
The US Dollar made a bullish turnaround in March, but on Wednesday we saw a 1.5 cent decline after the FED statement and Powell's comments Full Article
Navigating US crosswinds
Initial jobless claims decreased to 201,000, signaling a robust labor market, typically indicative of economic growth. Full Article
Green Shoots Bloom: Dollar Weakens as Stock Markets Surge Enjoy 2-Year Highs
The U.S. dollar (DXY), a benchmark for the greenback's strength against a basket of major currencies, is trading lower today, succumbing to Full Article
Greenback Gains Ground: Dollar Soars After Powell’s Hawkish Stance
The US dollar flexed its muscles in the global forex market this week, climbing against major peers after Fed Chair Jerome Powell's comments Full Article
Bullish Outlook for Gold Price as Inverted Head and Shoulders Pattern Forms
The price of gold has slightly increased to $1,840.00 from $1,830.00, but it has been fluctuating back and forth in the Asian. Full Article
Is the USD Due for A Strong Bounce As Data Improves and Core Inflation Remains High?
The USD has been retreating very fast since November but the DXY is starting to show some bullish signs as economic data improves Full Article
GBP/USD Rebound Above 1.2020 – Buckle Up for a Buy Signal
In the Asian session, the GBP/USD pair is battling to break through the immediate barrier of 1.2050. The cable tried a comeback in Tokyo as Full Article
Double Bottom Pattern to Underpin GBP/USD – Quick Outlook Today
The GBP/USD continues to recover from a three-week low. During Wednesday's mid-Asian session, it rose 0.11% to near 1.2190. In doing so, Full Article
GBP/USD Slips Under 50 EMA – Buy Now Above $1.2125?
The GBP/USD pair has had a minor reversal after building up demand at the critical support level of 1.2120 during the Asian session. Full Article
Top 4 Brokers