Top 5 FX Events: Final Q418 US GDP & USDJPY Price Outlook
Consensus forecasts call for Q418 US GDP to come in at 2.4% annualized.
EURUSD Price Hitting Resistance But Sentiment Remains Bullish
The Euro is pushing higher against a weak US dollar and nears an area of technical resistance. With client sentiment still bullish a break higher could see the 2019 high under pressure.
FOMC Preview: EUR/USD to Eye Monthly-High on Dovish Forward-Guidance
A material shift in the Federal Reserves forward-guidance may fuel the recent advance in EUR/USD if the FOMC shows a greater willingness to abandon the hiking-cycle.
US Dollar May Rise Despite a Defensive Turn in Fed Guidance
The US Dollar may rise despite a defensive turn in official Fed policy guidance as worries about slowing global growth stoke risk aversion and boost haven demand.
Gold Prices at Risk as Cautious FOMC Stokes Global Slowdown Fears
Gold prices may be at risk as a defensive pivot in Fed forward guidance leaves the markets policy bets broadly intact but stokes global slowdown fears.
Yen Up, S&P 500 Chart Warns of Topping Before Fed Rate Decision
The anti-risk Japanese Yen is up while the near-term S&P 500 chart setup shows signs of topping ahead of the much-anticipated FOMC monetary policy announcement.
EUR/USD Rate Risks Larger Rebound as U.S. GDP Forecast Deteriorates
EUR/USD continues to retrace the sharp selloff following the European Central Bank (ECB) meeting as U.S. data prints point to a slowing a economy.
USD/JPY Retail Longs Surge Even as Bullish Momentum Abates
The recent rebound in USD/JPY has sparked a further adjustment in retail interest even as the RSI threatens the bullish formation from earlier this year.
Euro Forecast: Upside Likely Constrained with CPI Due at End of Week
Even as economic data momentum has started to improve in recent days, concerns linger about the stability of price pressures and how it may impact
AUD/USD Flash-Crash Rebound Eyes December-High Ahead of RBA
The AUD/USD flash-crash rebound appears to be on track to test the December-high (0.7394) as the Relative Strength Index (RSI) breaks out of the bearish
EURUSD Hitting Resistance After Dovish Fed Boost
A dovish press conference by Fed Chair Jerome Powell sent the USD scuttling lower late Wednesday, helping EURUSD back to the 1.1500 level and near
Gold Extends Bullish Series as FOMC Defends Larger Balance Sheet
Gold prices may continue to catch a bid following the Fed meeting as the precious metal extends the series of higher highs & lows from