AUD/USD Price Forecast: Aussie Dollar Being Carried by Chinese Data

The Australian dollar is trading in the green for what could be its 3rd consecutive positive close ahead of some key US economic data. AUD/USD testing 0.67 once more.

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Euro Poised Amidst Market Turmoil Ahead of CPI Data and ECB. Higher EUR/USD?

The Euro has stacked on the gains as the US Dollar remains in a tailspin from the fallout of failed banks that have seen Fed hike expectation pared while the ECB looks to crimp CPI. Where to for EUR/USD?

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Crude Oil Price Slumps Post CPI As Volatility Lifts Ahead of the Fed. Lower WTI?

Crude oil has steadied so far today after sliding lower to start the week after a bumpy ride for markets with volatility rising as uncertainty remains ahead of the Fed. Will WTI recover?

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Japanese Yen May Weaken if US Banking Sector Volatility Continues Calming

The Japanese Yen underperformed as US banking sector volatility cooled. Traders started pricing out aggressive Fed rate cut bets for later this year and Treasury yields rallied.

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US Dollar’s Fate in Fed’s Hands After Hot Inflation Data; EUR/USD, GBP/USD Setups

The U.S. dollar lacks directional conviction despite a rebound in U.S. Treasury yields and hot inflation data, as fragile markets call into question the Fed’s hiking roadmap.

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