The Euro has broken support guiding the upswing from September lows, hinting that the down trend started in late August against the British Pound may be resuming.
Another 2.7% print for the core U.K. CPI may rattle the near-term advance in GBP/USD as it encourages the BoE to preserve the record-low interest rate throughout 2017.
The ASX 200 has at least broken out of jail. The end of last week’s trade saw the snapping of a narrow trading band which had been in place since May.
The British Pound may rise as UK CPI data shows inflation continues to accelerate while testimony from BOE Governor Carney and two new MPC officials takes a hawkish tone.
Asian investors managed to look past renewed North Korea tensions as hopes for enduring Chinese growth buoyed commodity prices
The footsie closed at a record best last week but is struggling to break on through the intra-day record highs; support not far below.
Gold prices are back on the defensive as Fed rate hike speculation heats up anew following last week’s respite. More of the same may be ahead, even without fresh catalysts.
GBP/USD remains firm as UK inflation hits a five-and-a-half year high, adding pressure on the Bank of England to raise interest rates at its next meeting.
In this webinar, we discussed the technical outlook for several major commodities and equity indices.
Elsewhere, the US Dollar turns to Fed speakers in the coming days in lieu of significant economic data.
The US Dollar is holding onto its uptrend from its September and October swing lows (via DXY Index) as rate hike speculation has heated up over the past two days.
The British Pound sold-off after this morning's inflation print saw a 3% number. But this sell-off probably has more to do with the commentary provided by the Bank of England.
The euro is working closer towards developing a fully formed topping formation, with confirmation arriving on a break of the ‘neck-line’ not far below.
The UK and the EU continue to try and take the moral high ground with claims and counterclaims leaving Brexit negotiations idling.
The near-term recovery in crude appears to be sputtering ahead of September-high ($52.83), with oil prices at risk of facing range-bound conditions.
Price has rallied back to a familiar resistance zone with the immediate advance vulnerable while below this threshold. Here are the targets & invalidation levels to know.
In the FX Week Ahead webinar, we review the top rated events on the DailyFX Economic Calendar and look at how they might impact FX markets.
The combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias.
The Canadian Dollar has found a new home as the weakest currency in the G8 SW report as Canada’s 2-year yield advantage to the US vanishes.
The U.S. Dollar has followed-thru with strength after last Friday's CPI report. Is this something that might last and, if so, where might traders want to look to best position for a continuation of USD strength?
The US Dollar came under pressure after the Consumer Price Index failed to beat the 2.3% estimate.
The US Dollar has stabilized today after slipping for four consecutive days, including yesterday following the release of the September FOMC meeting minutes.
Dollar weakness continued as this morning's inflation print came-in below expectations. In this article, we look at a series of setups across major currency pairs.
DailyFX Senior Currency Strategist Christopher Vecchio, CFA reviews the past week for the US Dollar after the September FOMC minutes and bevy of key US data on Friday.
The euro experienced a bounce last week, but given overhead levels and developing topping pattern the single-currency could be ready to give up those gains in the coming week.