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Between July 6th and July 17th, the EUR/USD showed a remarkable upward trend, soaring from 1.08536 to 1.12484. Yet, the tides have shifted since then, as the pair embarked on a correction phase, experiencing a decline of around 1%. As…

It is expected, with a probability of almost 100%, according to the CME Group, that the Fed will raise interest rates by 25 bp to 5.5%, and this decision is already priced in. But here's how the Fed leaders will act further in…

US Dollar, USD, DXY Index, Fed, FOMC, ECB, BoJ, Hang Seng (HSI) - Talking PointsThe US Dollar resumed strengthening last week but is looking for direction todayThe Fed, ECB and BoJ monetary policy decision lie in wait for later this weekA…

As follows from the report of the Office for National Statistics, published on Wednesday morning, annual inflation in the UK in June fell to 7.9% (stronger than the forecast of 8.2% and well below the May value of 8.7%). The…

Economists expect another slowdown in inflation in the US: the general annual consumer price index CPI from 4.0% to 3.1%, and the base (Core CPI) - up to 5.0% from 5.3% a month earlier. Many economists believe that by the end of…

Immediately after the decision of the Bank of Canada to raise the interest rate, the USD/CAD pair fell to the weakest value of the month at 1.3321 and then continued to decline. At the same time, the Canadian dollar is currently…

Article written by IG Senior Market Analyst Axel RudolphFTSE 100, DAX 40 and S&P 500 Analysis, Prices, and Charts Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX…