• February 29, 2024

US Dollar Slips after Core PCE meets Expectations, USD still needs a Driver

US Dollar Index Price and Analysis Core PCE at 2.8% in line with market forecasts. Dollar Index finding support from the 200-day simple moving average. For al...

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• February 29, 2024

Dow and Nasdaq 100 Ease Back While Hang Seng Bounce Hits a Wall

Dow drifts down The index continues to edge lower, surrendering some of yesterday's recovery from the lows. In the short-term, we may finally see a test of the still-rising 50-day sim...

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• February 29, 2024

EUR/USD Rests Upon Long-Term Trend Filter Ahead of Key Inflation Data

EUR/USD News and Analysis German unemployment rate ticks higher EUR/USD rests upon a long-term trend filter ahead of key inflation data IG retail positioning ...

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• February 29, 2024

Japanese Yen Grabs a Bid, Emboldened by Bank of Japan Talk

USD/JPY Analysis, Charts, and Prices Verbal central bank intervention boosts the Japanese Yen. US PCE (13:30 UK) will be the next driver of US dollar price action. ...

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• February 28, 2024

Markets on Edge Before US PCE Data; Outlook – Gold, EUR/USD, USD/JPY, GBP/USD

The U.S. dollar edged higher today, but displayed measured strength amid subdued U.S. Treasury yields. A sense of caution permeated markets as traders anxiously awaited the looming releas...

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• February 28, 2024

Euro Outlook: Signs of Fatigue Appear Ahead of Next Week’s ECB Meeting

Euro (EUR/USD, EUR/JPY) Analysis EUR/USD shows signs of bullish fatigue after respecting dynamic resistance Recent euro positioning accumulates on the short side but l...

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• February 28, 2024

US Dollar Trims Early Gains After US Q4 GDP Report, Gold Nudges Higher

US Dollar and Gold Analysis and Prices The US economy remained robust in Q4 2023. The US dollar drifted lower post-release, gold nudged higher. The US econ...

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• February 28, 2024

Japanese Yen Slips, Market Seems Warier of Intervention Chances

Japanese Yen (USD/PY) Prices and Analysis USD/JPY is holding below last year's significant highs Markets have a lot to think about, from whether T...

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• February 28, 2024

FTSE 100 and S&P 500 Consolidate while DAX 40 Trades in New Record Highs

FTSE 100, DAX 40, S&P 500 Analysis and Charts ​​​ FTSE 100 little changed ahead of MPC member speech ​​The FTSE 100's recovery from last week's 7,623 low amid...

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• February 28, 2024

RBNZ Issues Dovish Hold and Aus Inflation Stands Firm, NZD Weakened

AUD Inflation, RBNZ News and Analysis Australian inflation appears sticky, RBNZ signals potential peak in rates Aussie ( AUD/USD ) pullback gains momentum ahead of ...

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