The US dollar’s trading bias will be defined by the Fed’s policy outlook next week. Traders should prepare for the possibility of a dovish guidance due to rising financial instability risks.

from DailyFX – Market News https://ift.tt/KIk5oE3
via IFTTT

Gold prices soar, rising to the highest level since early February, boosted by falling bond yields and risk-off mood as the U.S. banking sector woes fail to dissipate.

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

The South African Rand has surrendered weekly gains after fears over the US banking system ease, supporting a resilient Dollar. USD/ZAR remains uncertain ahead of FOMC.

from DailyFX – Market News https://ift.tt/PKJ86qC
via IFTTT

US stocks responded favorably after assurances in the banking sector were put forward by the Federal Reserve, along with a show of confidence by large US banks

from DailyFX – Market News https://ift.tt/75z8LnB
via IFTTT

The Euro is pushing higher against a range of currencies as a group of ECB policy makers observe that inflation remains too high and that the central bank will have to hike interest rates further.

from DailyFX – Market News https://ift.tt/7eBXJ20
via IFTTT