Posted by autorebateforex Feb - 6 - 2024 0 Comment
The US dollar is strengthening on strong economic data and hawkish Fed expectations. Major currencies like EUR, AUD, and CAD are facing headwinds from the dollar’s strength; reflecting weaker economic outlooks and potential for delayed rate cuts.. Key economic data releases this week will be crucial for the near-term direction of major currencies.
Posted by autorebateforex Feb - 5 - 2024 0 Comment
The markets take a breather after the Fed frenzy, but there’s still key data to watch, especially the US PMI and RBA decision. Focus on employment data and any clues on future monetary policy.
Posted by autorebateforex Feb - 2 - 2024 0 Comment
The overall outlook for the Forex market appears to be bearish for the Euro and Pound, and cautious for the Australian Dollar, while the US Dollar is expected to gain strength. Here’s a summary of the key points:
Posted by autorebateforex Feb - 1 - 2024 0 Comment
The direction of major currency pairs like USD/JPY, GBP/USD, and EUR/USD will be heavily influenced by central bank meetings and key economic data.
Posted by autorebateforex Jan - 31 - 2024 0 Comment
The global market remains cautious as investors await key economic data and central bank decisions. The euro and pound face uncertainties, while the Aussie and yen show resilience. Technical analysis suggests potential breakouts in both EUR/USD and GBP/USD.
Posted by autorebateforex Jan - 24 - 2024 0 Comment
The market is reassessing its views on the Fed’s future rate cuts, with expectations shifting towards later in the year. The ECB is likely to follow the Fed’s lead in easing monetary policy, but not before June. Inflation remains a concern, and a new supply shock in the Middle East could push US inflation higher.
Posted by autorebateforex Jan - 22 - 2024 0 Comment
Next week’s economic calendar is packed with important events that could impact global markets, particularly the US dollar, euro, and Japanese yen. Here’s a simplified overview:
Posted by autorebateforex Jan - 19 - 2024 0 Comment
Global currency markets remain volatile as investors grapple with economic data and central bank policy decisions. The euro and US dollar are gaining strength, while the Australian dollar and Japanese yen are under pressure.
Posted by autorebateforex Jan - 16 - 2024 0 Comment
The major currencies are seeing limited movement on Monday with investors awaiting key economic data releases this week. The focus is on central bank policies and interest rate forecasts in major economies. Inflation data and economic activity indicators will also be closely watched. The euro and pound are holding their ground despite mixed economic signals and ongoing speculation about rate cuts. Gold is showing positive momentum and could potentially break […]
Posted by autorebateforex Jan - 15 - 2024 0 Comment
Markets are buzzing with anticipation for the Fed’s easing cycle starting in March, fueled by recent data and dovish sentiment. Here’s a quick glimpse at what’s on tap this week: