DailyFX analysts report every day on the latest changes in the financial markets, providing timely fundamental, economic and technical analysis and a close examination of promising chart formations with live currency quotes. DailyFX.com also provides analysis of market moves, explaining economic, political, and technical factors driving the market.
DailyFX analysts report every day on the latest changes in the financial markets, providing timely fundamental, economic and technical analysis and a close examination of promising chart formations with live currency quotes. DailyFX.com also provides analysis of market moves, explaining economic, political, and technical factors driving the market.
Markets Week Ahead: BoE, SNB, RBA Deliberate on Rates
Three major central banks meet this week with a large focus on the UK as the improving CPI trend could usher in a dovish tone from the BoE. RBA to hold, SNB to cut?
US Dollar Index Prints a One-Month High, USD/JPY Rallies Post-BoJ Meeting
The US dollar is benefiting from a bout of weakness in the Euro and the Japanese Yen and is nearing levels last seen one month ago.
BoJ Preview: Inflation and Wages Leave more to be Desired
BoJ expected to leave rates on hold but talk over gradually reducing bond purchases are likely to draw the focus tomorrow. Yen gives back ground after FOMC event
US Dollar Index Slumps as Inflation Data Comes in Lower Than Expected
The latest US CPI report missed all market forecasts and sent the US dollar index spinning lower. Later today, the FOMC meeting and economic projections.
US Dollar Eyes CPI Data and FOMC Policy Release, Dot Plot Key Indicator
Today’s US inflation data for May and the latest FOMC policy decision, including the quarterly Summary of Economic Projections, will be the drivers of market price action over the coming weeks.
GBP/USD: Navigating the Uncertainty of US CPI and FOMC Releases
UK growth flatlined in April, adding to the woes of yesterday's concerning jobs data. GBP/USD will be data dependent today as markets await crucial US CPI and the FOMC forecasts
Market Update – Risk Sentiment Slips, Gold, VIX Better Bid as US CPI and FOMC Near
Risk markets are on the backfoot as US trading starts, with European indices continuing this week’s move lower. Gold has stabilized and is using chart support to push higher.
USD/JPY Drifts Higher, Will the BoJ Announce Bond Tapering at Friday’s Policy Meeting?
As the US dollar continues to strengthen against the Japanese Yen, all eyes are now on the Bank of Japan’s monetary policy meeting on Friday.
Gold and Silver Struggling to Push Higher, UST 2Yr Yields Remain Elevated
Gold and silver are trying to recover some of last Friday’s post-NFP heavy losses but further gains may be limited ahead of the latest look at US inflation and the FOMC policy decision.
FOMC Preview: Dot Plot to Reveal Fewer Rate Cuts in 2024
Stubborn inflation and a robust labour market are likely to add to concerns FOMC members are having around cutting interest rates prematurely. Even growth is on track for a recovery
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