Euro Q1 Technical Forecast: A Mixed Picture
This article focuses exclusively on the euro’s technical outlook for the first quarter. For a more in-depth look at the common currency’s fundamental profile for the next three months, request…
The 2023 forex trading year is done. Here are the closing changes
Happy New YearIt was a lively year in the FX market with the yen going on a particularly wild ride but ultimately it was the Swiss franc that came out…
EUR/USD posts modest gains around 1.1070 as traders enter holiday mode
Share: EUR/USD trades with modest gains near 1.1070 amid light trading volume. The hawkish remarks from the European Central Bank (ECB) boost the Euro against the USD. The…
EUR/USD Breaks Out as GBP/USD Surges Toward Resistance, Gold Eyes Record
EUR/USD, GBP/USD, GOLD PRICE FORECAST:Treasury yields and the U.S. dollar tumble as interest rate expectations shift in a more dovish directionEUR/USD and GBP/USD rally, clearing important technical levels in the…
The BOJ December meeting summary is not suggestive of any urgent pivot
Bank of Japan Summary of Opinions from the December Monetary Policy meeting. Full text. One member said must patiently maintain monetary easing One member said must confirm sustainable, stable achievement…
XAU/USD pulls back from $2,070 as markets hunker down for holidays
Share: Gold pulls back after testing $2,070 ahead of Friday’s pre-holiday close. Rising investor bets of faster, more frequent Fed rate cuts squeeze Gold higher. US inflation continues…
US Dollar on Thin Ice, Setups on EUR/USD, USD/JPY, GBP/USD for Final Days of 2023
US DOLLAR FORECAST – EUR/USD, USD/JPY, GBP/USDThe U.S. dollar sinks to its lowest level since July, with the DXY index closing the week at 101.70No major events are expected in…
Forexlive Americas FX news wrap 22 Dec: US PCE/Core PCE show lower trend in inflation
The year is working to an end, but before markets slow to a trickle next week, there was one more key economic release today. The headline and core PCE data…