The rise in US equities has been fast and sharp, spurred on by weaker US data. Few scheduled risk events next week leave the door open for further gains
The October U.S. inflation report will take center stage in the upcoming week. An upside surprise in CPI numbers might boost the greenback across the board, while lower-than-expected figures could have the opposite effect.
Gold and silver have witnessed respective declines as the ‘war premium’ dissipates and the dollar recovers lost ground on the back of Powell’s hawkish comments
ETH ETF Potential sparks a renewed Crypto rally. According to reports the SEC is set to decide on Spot Bitcoin ETF applications by the 17th. If true is BTC and ETH about to explode?
The British Pound remains vulnerable to further losses against the US dollar but continues to move back towards a multi-year high against the Japanese Yen. GBP/AUD set for a six day rally.
In this article, we analyze EUR/USD, USD/JPY, GBP/USD and AUD/USD from a technical standpoint, highlighting crucial price levels that may act as support or resistance in the upcoming week.
EUR/USD was the main beneficiary of the dollar’s massive slide late on Friday after markets reduced the likelihood of another US hike amid slowing jobs data
The BoJ delivered a minimal tweak to policy this week with markets still betting on rate hikes in April 2024. USDJPY benefitted from a weaker US Dollar which should it continue could negate the need for full blown BoJ FX intervention.