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EUR/USD Update: Euro Area Inflation Declines for the First Time Since July 2021
EUR/USD Update: Euro Area Inflation Declines for the First Time Since July 2021
2022-11-30 10:32:28
EUR/USD bounces on Euro Area inflation beat. Long-term direction still unclear as markets await Fed Powell speech and NFP data.
Gold Price (XAU/USD) Edgy as Short-Dated US Yields Rise Ahead of Fed Speech
Gold Price (XAU/USD) Edgy as Short-Dated US Yields Rise Ahead of Fed Speech
2022-11-30 09:00:02
The precious metal is stuck in a holding pattern, waiting for Fed chair Jerome Powell’s speech on the Economy, Inflation, and the Labor Market, later in the session.
US Dollar Slides Ahead of Fed Chair Comments While Equities Weigh Growth Prospects
US Dollar Slides Ahead of Fed Chair Comments While Equities Weigh Growth Prospects
2022-11-30 04:30:00
The US Dollar is on the back foot again ahead of commentary from the Federal Reserve Chair. If the Fed remains hawkish, will the market listen and it rescue the USD (DXY) Index?
S&P 500 Faces Its First Serious Range Break Threat with Fed’s Powell Remarks
2022-11-30 02:00:00
Event risk has started pick up this past session with US consumer confidence, Germany CPI and Canadian GDP. However, the fundamental stir that would follow this data wouldn’t rise to the scale to force the S&P 500 nor EURUSD from their narrowest 12-day ranges in months. That spark likely lies ahead.
Australian Dollar Gains Despite Soft Chinese PMI and Mixed Domestic Data. Lower AUD/USD?
2022-11-30 01:30:00
The Australian Dollar had a look lower after China’s PMI disappointed at 48, while local statistics showed an economy at a crossroads. Where to for AUD/USD?
Canadian Dollar Dented by GDP Data, But USD/CAD Near-Term Downtrend Holds
2022-11-30 00:00:00
The Canadian Dollar fell as a GDP slowdown cooled BoC rate hike bets. Still, USD/CAD’s near-term downtrend remains in play. AUD/USD is eyeing Chinese PMI data.
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