Page 999 – Forex

Weekend news: Swiss National Bank (SNB) Chair Jordan flagged further interest rate hikes

Swiss National Bank (SNB) Chairman Thomas Jordan spoke in an interview aired by Swiss broadcaster SRF on Saturday. Of note, Jordan Jordan said the SNB’s …

By admin

June 25, 2023

Market Outlook

Markets Week Ahead: Nasdaq, Gold, USD, Powell, US PCE, Germany Ifo, China PMI, Australia Retail Sales

June 25, 2023

The week’s calendar looks busy with central bank officials’ speeches, including Fed Chair Powell and ECB President Lagarde, as risk appetite has taken a back …

Forecasts

Australian Dollar Outlook: US Dollar in Play as Local Bond Yields Invert

June 25, 2023

The Australian Dollar capitulated last week as the US Dollar regained the upper hand with the Fed talking up more hikes while Aussie bond markets …

Forecasts

Gold Weekly Forecast: Bearish Breakout May be Limited as Recession Fears Grow

June 24, 2023

Gold staged an attempted recovery on Friday as recessionary fears were reignited. Is the current selloff a precursor for the next bullish rally? Source

Forecasts

S&P 500, Nasdaq Forecast: Fed Testimony Gets Markets Back Onside

June 24, 2023

Fed Chair Jerome Powell reiterated the Feds hawkish stance on rates during his two-day testimony before congress. Finally, markets listened Source

Forecasts

US Dollar Week Ahead: USD Looks for Cues from PCE Data

June 23, 2023

The US dollar could remain in a range ahead of the key US PCE price index data due Friday. Will the Fed’s preferred inflation gauge …

Central Banks

Fed’s Mester doesn’t speak on monetary policy

June 23, 2023

I’ll monitor for comments to reporters afterwards. This article was written by Adam Button at www.forexlive.com. Source

Technical Analysis

USDJPY continues its run to the upside. 100 hour MA was a key support base this week.

June 23, 2023

The USDJPY has moved higher (lower JPY) despite higher inflation data out of Japan today. The move higher this week was kickstarted yesterday after the …