The 2023 forex trading year is done. Here are the closing changes
It was a lively year in the FX market with the yen going on a particularly wild ride but ultimately it was the Swiss franc that came out on top…
Read More »Australian Dollar Technical Forecast: AUD/USD Enters Q1 at Key Resistance
This article presents an in-depth analysis of the Australian dollar’s outlook for the first quarter, providing valuable insights into price action dynamics and market sentiment.
Read More »ForexLive Asia-Pacific FX news wrap: Little net change 4 major FX rates after small swings
BOJ Governor Ueda said the chance of moving rates out of negative in 2024 is “not zero” Japan November Industrial production (preliminary) -0.9% m/m (expected -1.6%) China’s ‘state planner’ on…
Read More »AUD/USD Price Forecast: Channel Breakout to Keep Bulls in Control?
Australian Dollar is in a good place fundamentally to continue its recent gains against the Greenback. The technical picture however hints at a brief retracement before bullish continuation.
Read More »RBA minutes show intense focus on inflation and inflation expectations risks
Reserve Bank of Australia November meeting minutes, Headlines via Reuters: Considered case for raising rates or holding steady Board saw “credible case” that a rate rise was not needed at…
Read More »US Dollar Forecast: Fed Pivot Ahead? – Setups on USD/JPY, GBP/USD, AUD/USD
This article explores the technical outlook for USD/JPY, GBP/USD and AUD/USD, focusing on price action dynamics and key levels in play following the U.S. CPI and PPI reports and related…
Read More »US Dollar Setups Before US CPI: USD/JPY, GBP/USD, AUD/USD, Volatility Up Ahead
This article explores pivotal technical levels for USD/JPY, GBP/USD and AUD/USD that may act as support or resistance following the October U.S. inflation report due for release on Tuesday.
Read More »US Dollar Flies on Hawkish Powell – Setups on EUR/USD, USD/JPY, AUD/USD, Gold
The U.S. dollar rallies on rising U.S. yields and hawkish comments from the Federal Reserve chairman, complicating the outlook for the euro, Japanese yen and Australian dollar.
Read More »Australian Dollar Forecast: AUD/USD Extends Bearish Reversal in Fakeout Fallout
AUD/USD rallied strongly last week, clearing key resistance levels, but the breakout appears to have been a fakeout, as the move has led to a sharp bearish reversal.
Read More »Australian Q3 2023 Headline CPI +1.2% q/q (vs. 1.1% expected)
Higher than expected inflation data from Australia. Right across all three measures: headline trimmed mean (a core inflation measure) weighted median (another core inflation measure) The topside surprise on the…
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