Market Analysis

As the final week of August kicks off, markets are reacting to a weekend full of key insights from the Federal Reserve’s Jackson Hole Symposium, alongside early economic data releases. KEY INDICATORS US Durable Goods Orders (MoM): New orders placed …

Today, the forex market is a blend of careful optimism and rising anticipation as investors process recent economic reports and prepare for important events later this week. The trading activity today offers valuable insights into the state of the economy. …

On Tuesday, the US dollar lingered close to a seven-month low, as growing speculation suggests the Federal Reserve might start reducing interest rates as early as next month.  This outlook for possible monetary easing has impacted the broader currency markets, …

As we start the third week of August, the markets are preparing for several important events that could influence the rest of the summer. We’ll be watching for key economic data and important earnings reports from major retailers, which could …

Today’s market preview concisely examines the key factors influencing trading, which helps investors prepare for the day ahead. Key Economic Indicator of the Day UK core inflation rate YoY (July) and inflation rate YoY (July): UK headline inflation was 2.2% …

Today’s market preview provides a concise look at the key factors likely to influence today’s trading, helping investors prepare for the day ahead. US Crude Oil Inventories Oil prices fell in Asian trading hours on Wednesday, with persistent concerns over …

This week’s market preview highlights the key events and data releases likely to drive market movements. Economic data so far are sparking Recession fears as a Global Stock sell-off sets to continue. Key Economic Indicators ISM Non-Manufacturing PMI (July): A …

CURRENCIES Bank of Japan hikes rates: The Bank of Japan (BoJ) raised the policy rate from 0.1% to 0.25%, with a 7-2 vote in favour. This decision marks a 0.15% increase in the policy rate. Bond tapering details: The BoJ …

CURRENCIES Key points: US core PCE y/y: Unchanged at 2.6%, missing estimates of 2.5%. Interest rate probabilities: Unmoved, with a September cut fully priced in. For real-time high-impact data and event releases, see the DailyFX Economic Calendar. Detailed analysis: PCE …

CURRENCIES EUR/USD: Rides post-US CPI wave higher. Challenges resistance zone between 1.0942 and 1.0960. Bullish momentum might encounter resistance near 1.0916. GBP/USD: Surges post-UK election and US CPI catalysts. Risks overheating with RSI near overbought. Faces potential resistance at 1.3142. …