EURUSD Poised For Correction?
OANDA Senior Market Analyst Craig Erlam talks about EURUSD ahead of the Federal Reserve monetary policy decision, which comes a…
Bullish and Bearish Three Drives Pattern Explained
The three drives pattern is a harmonic formation that helps clue us into the possibility of a market reversal following…
Gold eyeing Fed nudge, Oil gets short-term lift
Gold and USD looking exhausted ahead of Fed It will be interesting to see how the dollar and gold respond…
US open – Can Fed live up to expectations?
Cautious optimism ahead of the decision Stock markets are edging cautiously higher on Wednesday, as investors await the outcome of…
USD/CAD – Canada inflation, Fed decision eyed
The Canadian dollar continues to drift in calm waters for a fourth straight day. However, with key data on both…
Dollar Falls as Markets Await Fed News
The US Dollar was broadly lower during London trade on Wednesday on growing expectations that the Federal Reserve might need…
NZD/USD higher ahead of GDP release
The New Zealand dollar continues to gain ground. In Wednesday’s European session, the pair is trading at 0.6749, up 0.51%…
US hurricane boosts oil, gold remains steady
Oil rises overnight, but don’t be fooled Oil prices rallied strongly overnight as hurricanes threatened to, yet again, disrupt US…
North Asian currencies keep strengthening
Strong Chinese data boosts yuan The Chinese yuan, Korean won, and Japanese yen continued to strengthen overnight, but elsewhere in…
BOE Preview: Fast recovery or trio of troubles? Bank’s tone to set pound’s direction
The BOE is set to leave rates unchanged but its tone is set to rock the pound. Recovery from coronavirus…