Federal Reserve meets Wednesday focusing on new dot chart Will the Bank of Japan finally end negative rates on Tuesday? BoE and…
Forecasts
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US PPI rises 0.6% New Zealand Manufacturing PMI expected to remain in negative territory The New Zealand dollar lost ground on Thursday.…
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It is still the most powerful currency in the world. And that is also why it is the most viewed. When the…
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US retail sales and inflation data to take center stage as dollar falls UK employment and GDP figures also rising amid recession…
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ForecastsForexNews
EUR/USD Approaches Strong Resistance Ahead of ECB Jobs Report: Odds Favor Short Selling
EUR/USD is retesting the supply zone near 1.0870. This comes amid tougher statements from Federal Reserve officials. As the pair approaches a…
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Nonfarm Payrolls and Powell Testimony Will Be Crucial for the US Dollar European Central Bank could lay the groundwork for summer rate…
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It is setting up for a good reversal as we have an inverted head and shoulders pattern technical setup. But what makes…
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· creates an upward trend in short and long term terms · The RSI indicates a possible downward retracement EURJPY is retreating…
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It has been on a roll, but is in danger of breaking a seven-day rally during which it gained more than 2%…
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· bounces off the 200-day SMA · But it still remains in the short-term trading range. · RSI and MACD have weak…
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The Nvidia-led stock rally (NASDAQ 🙂) may now have to face the reality of higher rates, and we suspect high-beta coins are…
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Eurozone sees marginal improvement in polls US services cool in February EUR/USD breaks descending channel The PMI surveys have certainly made for…
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Something important happened on Thursday in the currency markets. The initial and relatively sharp 0.7% drop in the market reversed and now,…
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Bearish: We are currently at 2.0422 outside of a well-constructed channel. Lower highs suggest a return to the channel. If we can…
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Mixed PMI data from several Eurozone countries caused increased volatility in European currency pairs on Thursday morning. Preliminary estimates for France were…