Euro Outlook: EUR/USD Struggles for Traction Ahead of Major Event Risk

The euro failed to take advantage of a narrow window ahead of US CPI data which is anticipated to rise, providing a potential lift for USD. ECB decision on Thursday

from DailyFX – Market News https://ift.tt/grBoz2x
via IFTTT

USD/ZAR Price Forecast: Rand Stumbles Ahead of US CPI

ZAR prices fell against the US dollar on Tuesday as markets prepare for US CPI that could remain sticky. Rand traders cautiously await a US data-filled week.

from DailyFX – Market News https://ift.tt/Q3b8qvT
via IFTTT

Japanese Yen Selloff Resumes: USD/JPY, EUR/JPY Eye Further Upside

USD/JPY, EUR/JPY Resume their run higher following a brief pause yesterday. Despite comments from BoJ Governor Ueda any change in monetary policy remains some way off as wage growth remains the key.

from DailyFX – Market News https://ift.tt/Up8nf0A
via IFTTT

Brent and WTI Oil Push Higher After OPEC Maintains Growth Forecasts

OPEC’s monthly report highlighted no changes to this year and next year’s oil demand growth (2.4mbpd and 2.2 mbpd) but did raise its estimate of non-OPEC supply

from DailyFX – Market News https://ift.tt/XFacP2g
via IFTTT

Gold Outlook Remains Mixed – XAU/USD Eyes US Inflation Report for Guidance

With the Fed in a blackout period ahead of next week’s FOMC rate decision, gold traders will hope that Wednesday’s inflation report will stoke some volatility

from DailyFX – Market News https://ift.tt/9wQfGui
via IFTTT