US Dollar Extends Gains as Fed Minutes Reinforce Hawkish Monetary Policy Outlook

The minutes of the Federal Reserve’s June meeting showed that the central bank believes additional monetary policy tightening may be warranted to bring inflation back to the 2.0% target.

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USD/CAD Trapped in Lateral Channel for Now Range Trading and Breakout Scenarios

USD/CAD has lacked strong directional conviction over the past week, with the pair trapped in a horizontal corridor, moving back and forth between support and resistance levels.

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USD/JPY Price Outlook: Rising Japanese Wage Data Lifts the Yen

The Japanese yen has depreciated consistently this year as the BoJ maintains its loose policy. However, broad wage increases suggest demand and inflation could persist

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Oil Price Forecast: WTI and Brent Trickle Higher as OPEC Seminar in Vienna Kicks Off

Oil prices trickled higher this morning following announcements from the OPEC seminar. Will todays gains prove sustainable as macro factors continue to deteriorate?

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