Gold Fatigue Sets in as USD Reclaim Lost Ground, Fed Speakers Re-Surface

Huw Pill, the Bank of England’s chief economist, said that UK inflation is set to fall sharply in the coming months, sending the British Pound lower

Gold eased lower as the metal recovers from overbought territory, a stronger US dollar as the commodity appears less sensitive to the conflict. Oil sinks to prior swing low

Some indices have dropped back from their highs of last week, but US markets continue to hold firm.

The Australian central bank increased its official borrowing rate by 25 basis points, in line with recent expectations

This article focuses on the Nasdaq 100 and USD/JPY from a technical standpoint, analyzing major price levels that could act as support or resistance in the coming trading sessions.

Oil prices failed to hold onto early session gains to fall into red for the day. Further downside looks likely below the 100-day MA

Gold consolidates above a key support area as market participants await further clues. DXY remains key as we have a host of Fed Speakers on the docket which could provide some volatility as the week progresses.

This piece employs a technical approach to analyze EUR/USD, GBP/USD, and AUD/USD, with an emphasis on significant price levels that may act as support or resistance in the upcoming trading sessions.

The pound benefitted from last week’s dollar selloff but the pair finds early resistance in a quiet week. Fed speakers emerge to fill the void with UK GDP on Friday

Rand prices faces firm opposition at a key support zone after a sharp appreciation against the USD.

The US dollar continues to move lower and eyes levels last seen nearly two months ago, as rate traders price in 100 basis points of rate cuts in the US next year.

​​Outlook on FTSE 100, DAX 40 and S&P 500 as softer US economic data, a subdued Non-Farm Payrolls and dovish Fed statements led to risk-on sentiment.

AUD prices trade marginally lower today as investors keenly await tomorrow’s RBA interest rate decision.

Several Fed officials will deliver speeches in the coming days, including Chairman Powell. Traders should pay attention to their comments for clues on the outlook for monetary policy and impact on markets.

Gold & silver prices rallied last week leaving technical signal in favor of additional upside as markets prepare for several Fed speakers throughout the week.

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.

The Australian Dollar found some traction ahead of the RBA monetary policy decision in the aftermath of accelerating inflation. Will a rate hike further boost AUD/USD and AUD/JPY?

The US bond market is sending out a clear signal, interest rates have peaked and they are going down next year. This US dollar weakness is helping GBP/USD reverse its recent slump

October’s NFP data fell slightly short of estimates but still posted 150k additional jobs in October. Employment and earnings easing much to the delight of the Fed

Gold is stuck below $2k despite failing US Treasury yields and ongoing military action in Gaza. Will the latest US Jobs Report provide a catalyst for pre-weekend price action?