USD/JPY FORECAST: USD/JPY slumps in late trading, erasing early session gains despite soaring U.S. Treasury yields Media reports that the Bank of Japan could tweak its yield curve control program boosts the yen across the board BoJ will announce its monetary policy decision for its July meeting on Friday (Japan time) Recommended by Diego Colman… ادامه خواندن USD/JPY in Turmoil, Rumors of Possible BoJ YCC Tweak Sends Yen Soaring

Dow, DAX Index Analysis Recommended by Richard Snow Get Your Free Equities Forecast DAX Pushes Past Significant Resistance as Earnings Season Continues The DAX received a boost ahead of the ECB rate announcement today as earnings season grips the German index. A broad list of stocks that have reported positive earnings updates this week are… ادامه خواندن FOMC, ECB, US GDP and Earnings Spur on Advances

Gold Price (XAU/USD) Analysis, Price, and Chart Strong US economic data send gold spinning lower. Friday’s Core PCE data will be key for gold going into the weekend. Recommended by Nick Cawley Get Your Free Gold Forecast Gold has given back $25+ today after the latest batch of US data showed the American economy in… ادامه خواندن Gold (XAU/USD) Price Slumps After Better-Than-Expected US Growth Revealed

SECOND-QUARTER USD GDP KEY POINTS: The U.S. economy grew at an annualized rate of 2.4% in the second quarter, well ahead of expectations of 1.8% Personal consumption expenditures, the main driver of economic activity, decelerated to 1.6%, but remained elevated by historical standards Better-than-expected data pushed U.S. Treasury yields higher, boosting the U.S. dollar Recommended… ادامه خواندن US Second-Quarter GDP Growth Shatters Estimates, Boosting Yields and the Dollar

ECB RATE DECISION: Recommended by Zain Vawda Get Your Free EUR Forecast The European Central Bank has raised interest rates by 25bps in line with expectations while stressing that inflation is still expected to remain elevated for a longer period despite the recent declines. The Central Bank also decided to set remuneration of minimum reserves… ادامه خواندن ECB Hikes by 25bps Keeping Options Open, EUR/USD, EUR/GBP Slide

Article by IG Chief Market Analyst Chris Beauchamp S&P 500, Nasdaq 100, CAC40 Prices, Analysis, and Charts ​​​S&P 500 hits new 2023 high ​The index has surged to a new high for the year, and its highest level since April 2022.​The Fed decision last night gave space for the dollar to weaken and equities to… ادامه خواندن S&P 500 and Nasdaq 100 Make Gains, While CAC40 Struggles

US Dollar (DXY) Analysis USD barely budges after the FOMC announcement as traders require more convincing around another rate hike. Dollar weakness seen this morning ahead of ECB Large speculators, hedge funds positioning suggests greater USD pessimism Major risk events: US Q2 GDP and PCE inflation data The analysis in this article makes use of… ادامه خواندن US Dollar Weakens Ahead of ECB decision and US Q2 GDP Data

EUROPEAN CENTRAL BANK (ECB) PREVIEW: Recommended by Zain Vawda Get Your Free EUR Forecast READ MORE: Fed Hikes Rates After Short Pause, Gold and US Dollar Forge Separate Paths Central Banks take center stage this week with the Federal Reserve kicking things off with eyes now turning to the European Central Bank (ECB) and President… ادامه خواندن 25bps and Done or More Hikes in the Offing?

S&P 500, SPX, NASDAQ 100, NDX – Price Action: US indices steady after widely-expected Fed rate hike. Earnings, China stimulus, and resilient global growth are supportive. Extreme optimism, overbought conditions, overcrowded positioning, and seasonality are potential headwinds. What is the outlook for the Dow, the S&P 500 index, and the Nasdaq 100 index? Recommended by… ادامه خواندن Nasdaq, S&P 500, Dow Price Setups

US Dollar Vs Euro, British Pound, Japanese Yen – Outlook: USD slipped after Fed hiked rates, in line with expectations. Key focus now shifts to ECB and BOJ meetings. What has changed for EUR/USD, GBP/USD, and USD/JPY? Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast The US dollar slipped but held well… ادامه خواندن What Has Changed for EUR/USD, GBP/USD, USD/JPY?