US Dollar (DXY) Outlook – One Last US Data Drop Before CPI and FOMC Next Week

With traders already looking ahead to next week’s all-important CPI number and FOMC decision, today’s PPI and Michigan Confidence releases should not be disregarded.

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Crude Oil Forecast: Brent Overcome by Recessionary Pressures Despite Several Fundamental Tailwinds

Brent crude oil looks to further clarity around supply and demand factors while the USD looks to push higher ahead of FOMC next week.

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What’s the Probability of an End of Week S&P 500 or GBPUSD Break?

We are coming to the end of the week and a bookend of notable event risk stands between us and the weekend. With the S&P 500 and Dollar based majors carving out historically narrow ranges, there is some potential for breakouts. However, look closely at the statistical ranges and think hard on the weight of the FOMC.

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