Euro Update: EUR/USD Remains Supported Ahead of Fed Chair Powell’s Testimony

Hawkish rate expectation re-pricing is supporting the Euro ahead of Federal Reserve chair Jerome Powell’s appearance before US lawmakers, for now.

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GBP/USD Struggles to Hold on to Gains Despite Positive UK Housing Data

UK Halifax house price data rose for a second successive month. The initial optimism has since dissipated as early gains were surrendered following the European Open.

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Crude Oil Price Forecast: Demand Projection Fueled by Chinese Growth Outlook

Demand factors have been propping up crude oil prices of recent but Fed Chair Jerome Powell may change this trend with a hawkish testimony later today.

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New Bank of Japan Governor Likely Stuck with Kuroda’s Path

Alone among major central banks, the Bank of Japan has stuck to its ultra-loose monetary policy as inflation has risen. Will its new Governor shake things up?

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Gold Prices Eyeing Bearish Death Cross as Traders Await Jerome Powell

Gold prices fell on Monday as a jump in Treasury yields weighed on the yellow metal. A bearish Death Cross is in focus as traders await Fed Chair Jerome Powell’s testimony.

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