USD/JPY Rebound Takes Shape Ahead of Fed Chairman Powell Testimony

Fresh remarks from Fed Chairman Jerome Powell may sway USD/JPY as the central bank head is scheduled to testify in front of Congress over the coming days.

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Dow Jones Forecast: Will Earnings Season Push the Index to Record Highs?

The Dow Jones has moved within reach of record levels despite weakness in value and industrial stocks that had helped the Industrial Average outperform the Nasdaq 100 during much of the second quar…

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Gold Price Fails to Test 200-Day SMA amid Talks of Fed Exit Strategy

The price of gold may continue to trade within the monthly range amid the failed attempts to push back above the 200-Day SMA ($1826).

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US Dollar Rips Higher on Red-Hot Inflation, CPI at 5.4% in June

The US Dollar is surging in the wake of hotter-than-expected inflation data just released with headline CPI hitting 5.4% in June and causing Fed taper fears to intensify.

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