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GBP/USD Analysis and ChartsThe Bank of England is likely to raise rates by 25bps next Thursday.Will the BoE follow the trend of a ‘hike and hold’For all market-moving economic data and events, see the DailyFX Calendar Recommended by…

Share: The S&P 500 index gained 0.84% on Thursday as it broke above the recent local high. The market was…

USD/JPY AnalysisUSD/JPY edges higher after uptick in US CPI reinforces ‘higher for longer’ narrativeFed forecasts in focus as markets look for confirmation on peak rates and CPI forecastsIG client sentiment hints at bullish fatigue as…

From my years of trading, I’ve observed that a trader’s inability to truly make it big in the forex market, more often than not, stems from fear. I’m sure you know what I’m talking about. After a strong profitable month, you probably…

Share: Natural Gas dropped lower after a volatile Thursday. The US Dollar rallied to print a new six-month…

GBP/USD, GBP/AUD PRICE, CHARTS AND ANALYSIS:Read More: WTI, Brent Shrug Off US Inventories Surge as Oil Prices Hit Fresh 2023 HighsGBP has faced selling pressure this week weighed down in part by GDP data, with an increase in total…

Stronger than expected Chinese data gave AUD pairs quite a boost today. Can AUD/USD sustain its uptrend? Before moving on, ICYMI, yesterday’s watchlist looked at NZD/USD’s uptrend pullback ahead of the U.S. PPI release. Be sure to check…

Share: Lung cancer is a major global health concern and ranks as the deadliest type of cancer, accounting for…

Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS UpdateEuro is on course for longest losing streak since 1997Retail traders continue becoming increasingly bullishEUR/USD closes at lowest since March, where to?…

US Dollar Scenarios Ahead of FOMC – Talking Points:The US dollar’s short-term uptrend remains intact ahead of the FOMC meeting.The Fed is highly likely to keep rates unchanged next week.The Statement of Economic Projection could be…