The US Dollar is in focus as inflation and the FOMC are in the spotlight over the next two days, and then we hear from the ECB and the Bank of England.
The Euro backed away from recent peaks against the US Dollar in a busy week of data and central bank meetings, including the Federal Reserve. Where to for EUR/USD?
The week ahead is jam-packed with high profile US event risk – anchored by the top listing of a FOMC rate decision. The Dollar is significantly off its multi-decade highs after two months of choppy retreat, but is there enough oomph in what’s ahead to produce an outright bear trend…or perhaps spur recovery?
EUR/USD is working on a key spot of resistance ahead of a big batch of Central Bank meetings next week, but EUR/JPY may be more enticing for Euro bears if it can hold resistance.
The Japanese Yen dipped today as GDP weighs and the US Dollar regains its ascendency with building concern for a significant slowdown next year. Where to for USD/JPY?
The US Dollar held on to overnight gains as markets recalibrate risks of an economic slowdown in the West against a re-opening of China. Will the DXY index (USD) rally?
The Euro backed away from parity again after the US Dollar ascendency got back on track after the Federal Reserve got its message across loud and clear. Where to for EUR/USD?
The Japanese Yen slumped, sending USD/JPY higher in a very rare move as the US Dollar gained and stocks dropped. Ahead, the Australian Dollar is eyeing a likely RBA rate hike.
The Euro has run higher after the US Dollar collapsed again today amid a strong jobs number, OPEC+ news and China potentially re-opening. Will this drive EUR/USD higher?