Loading...

Forex

US Dollar Surges Amid Hawkish Fed Signals, European Peers’ Weakness Ahead of Weekend France Elections
US Dollar Surges Amid Hawkish Fed Signals, European Peers’ Weakness Ahead of Weekend France Elections

The US Dollar has been exhibiting formidable strength, outpacing other major currencies for the second consecutive day. This bullish momentum is fueled by hawkish commentary from Fed officials,...

Daily Market Outlook, June 26, 2024
Daily Market Outlook, June 26, 2024

Daily Market Outlook, June 26, 2024Munnelly’s Macro Minute…“Markets Consolidate Ahead Of US Inflation Data & Quarter End”Choppy Asian stock markets as they awaited new catalysts, with the...

RBA Rate-Hike Chatter Following Fresh Inflation Jump
RBA Rate-Hike Chatter Following Fresh Inflation Jump

Aussie CPI Jumps AgainAUDUSD is trading higher today on the back of the latest Australian inflation figures released overnight. Aussie CPI was seen unexpectedly jumping to 4% last month, up from 3.6%...

EURUSD H1 | Bearish reversal
EURUSD H1 | Bearish reversal

TitleEURUSD H1 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot point of 1.0723, a pullback resistance close to the 61.8% Fibonacci retracement level. A reversal from...

GBPUSD H4 | Bearish reversal
GBPUSD H4 | Bearish reversal

TitleGBPUSD H4 | Bearish reversalTypeBearish ReversalPreference:Price is rising toward the pivot of 1.2703, a pullback resistance close to 61.8% Fibo retracement. A reverse from this level could lead...

The Greenback Takes Center Stage on Hawkish Fed Comments, Hot Canadian CPI
The Greenback Takes Center Stage on Hawkish Fed Comments, Hot Canadian CPI

The US Dollar has surged, catching many off guard with a potent one-two punch. The initial catalyst came from Federal Reserve member Michelle Bowman, whose hawkish remarks underscored that a rate cut...

NZDUSD H4 | Potential Bullish Bounce
NZDUSD H4 | Potential Bullish Bounce

TitleNZDUSD H4 | Potential Bullish BounceTypeBullish BouncePreference:Price is falling towards the pivot point of 0.6101 which is a multi-swing-low support level and could potentially reverse from...

Big USDJPY Volatility Risks Seen
Big USDJPY Volatility Risks Seen

Intervention Risks GrowingThe threat of fresh FX intervention from Japanese authorities is growing stronger this week. USDJPY has traded back up to just shy of the level that sparked intervention back...

Euro And Offshore Yuan: Potential Price Rise Ahead!
Euro And Offshore Yuan: Potential Price Rise Ahead!

Last week the price of the currency pair EUR/USD dropped. The price of this asset might gain the required support at the very important level of 1.0600, bounce back, and rise. In this case, it would...