USD Price Forecast: DXY Resistance Re-Test
The U.S. dollar is trading at a key area of confluence in what is a quiet trading week ahead of the FOMC and US CPI.
The U.S. dollar is trading at a key area of confluence in what is a quiet trading week ahead of the FOMC and US CPI.
EUR/USD Price, Chart, and Analysis Recommended by Nick Cawley Download our brand new Q1 2023 guide For all market-moving economic releases and events, see the DailyFX Calendar German inflation fell for the second month in a row in December, according to the latest data released by the Federal Statistical Office (Destatis). Preliminary consumer price inflation …
Euro Update – EUR/USD May Re-test 105.00 on Weaker-Than-Expected German Inflation Read More »
GBP/USD – Prices, Charts, and Analysis US dollar slips from fresh two-decade high. UK energy price fears continue to weigh on Sterling. The British Pound is finding some short-term respite against the US dollar as UK traders return after a long weekend. After hitting a fresh 20-year high on Monday, the greenback has slipped back …
USD/JPY News and Analysis BoJ reinforces dovish stance ahead of the anticipated contractionary Q1 GDP print US CPI and consumer sentiment represent major risk events for the week ahead Key USD/JPY technical levels as a retest of the yearly high is within reach BoJ Talks Down Pressure to Tighten Policy Bank of Japan (BoJ) Governor …
BoJ’s Kuroda Opens Door to Retest of the Yearly High Read More »
EUR/USD ANALYSIS USD opens higher. Fed speeches lead the way to U.S. inflation. EU oil ban on Russia dampens growth prospects. IG client sentiment: Mixed EURO FUNDAMENTAL BACKDROP Last week’s NFP beat laid the foundation for Monday’s open lower for EUR/USD as markets look forward to U.S. inflation data as the next possible upside risk …
Euro Looks To Re-Test April Swing Lows, U.S. CPI in Focus Read More »
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