Fed

US DOLLAR OUTLOOK:U.S. dollar ended the day lower despite the Fed’s hawkish monetary policy outlookThe FOMC held rates steady at the end of its June meeting, but signaled the tightening cycle is not overThe U.S. dollar’s bearish reaction…

Producer Price Index (Inflation) AnalysisMonth-on-month PPI for May prints below consensus estimatesLower PPI adds to lower CPI prints earlier this week and increases the possibility of a ‘no hike’ scenario this eveningEUR/USD and GBP/USD…

Share: The Federal Reserve is set to leave interest rates unchanged but signal its next moves via its dot…

Share: USD/CHF remains sidelined within the key DMA envelope amid pre-Fed inaction. Clear downside break…

Euro, EUR/USD, US Dollar, FOMC, Fed, ECB, EUR/NOK, Crude Oil, Gold - Talking PointsEuro has steadied slightly lower going into Wednesday’s tradeUS CPI might have given the green light for the Fed to pause/skip hikeThe post-FOMC decision…

Share: USD/CNH seesaws at the highest levels since late November 2022, mildly offered of late. Overbought…

Gold, XAU/USD, US CPI, FOMC, Fed, Treasury Yields, US Dollar, - Talking PointsThe gold price slid on the back of US CPI data lifting Treasury yieldsWhile the direction of CPI is improving, there might be more work to doFed language later…

Share: Natural Gas Price takes offers to refresh intraday low, prints the first daily loss in three.…

US DOLLAR FORECAST:U.S. dollar, as measured by the DXY index, slides as traders await critical FOMC decisionMay U.S. inflation data has increased the probability of a Fed pause in the June meeting, but the tightening cycle may not yet be…

S&P 500 OUTLOOK:The S&P 500 breaks out on the topside, reaching its best level since April 2022 following softer-than-expected U.S. inflation dataMay U.S. headline CPI clocks in at 4.0% y-o-y versus a market estimate of 4.1%…