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USD in Review Ahead of PCE data – Inflation Remains a Key Driver of USD
USD in Review Ahead of PCE data – Inflation Remains a Key Driver of USD
2022-11-30 12:45:37
Recent hawkish rhetoric from the Fed appeared to have little lasting effect on the dollar. Current short USD positioning reveals the market’s bet on lower inflation
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.
Australian Dollar Gains Despite Soft Chinese PMI and Mixed Domestic Data. Lower AUD/USD?
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?
USD Breaking News: CB Consumer Confidence Declines for Second Month, DXY Moves Lower
2022-11-29 15:30:00
The CB consumer confidence report paints a rather mixed picture as respondents appear more upbeat about current conditions but fear for a tightening labor market
Euro Dollar Outlook: EUR/USD Wrestles with Resistance at Prior Support
2022-11-29 13:45:00
EUR/USD has fallen to another key zone of technical support and resistance at 1.0350. As fundamentals continue to drive price action, the USD faces big event risk ahead.
US Dollar (DXY) Outlook – Fed Chair Powell, US Inflation Data and NFPs All Near
2022-11-29 12:00:00
The greenback is re-testing support after Monday’s late sell-off ahead of an important speech by Fed chair Jerome Powell on Wednesday.
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