Extra range bound in store
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The index maintains the choppiness unchanged this week.
Further side-lined trading is likely in the…
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Browsing Tag
DollarIndex
USD/CAD bulls move in on dovish BoC and hawkish Fed sentiment
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USD/CAD bulls are moving in despite the prior day's bearish close.
The US Dollar has firmed on…
USD/CAD bears need to get below daily support 1.3387
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Dovish Federal Reserve and an on-hold Bank of Canada are the themes.
USD/CAD has printed a…
Jobs report was strong, need to do further interest rate increases
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This is a developing story.
Federal Reserve Chairman Jerome Powell is speaking at The Economic Club…
XAU/USD bulls could emerge ahead of Federal Reserve
Gold price hourly chart shows that the price is being jammed into the lows of the day.
Gold price could see a short squeeze for the day ahead as traders get set for the Federal Reserve.
The Gold price has drifted…
XAU/USD refreshes day’s high above $1,930 ahead of Fed’s preferred inflation gauge
Gold price has refreshed its day high at $1,935.00 amid a volatile USD Index.
The Fed is expected to hike interest rates by 25 bps to 4.50-4.75% next week.
Gold bulls need immense strength to take out pessimism as…
USD Index Price Analysis: Further weakness targets 101.30
The index comes under pressure and revisits the 101.60 area.
A deeper decline should target the May 2022 low near 101.30.
DXY kicks in the week in an offered stance and rebounds from earlier lows in the 101.60/55…