A significant upward revision in the final read for US first-quarter GDP data adds to the list of positive economic surprises in the US lately, with economic resilience aiding to calm some nerves around recession concerns, at least for now.
This article examines USD/JPY and GBP/JPY from a technical analysis perspective, analyzing possible scenarios in the event that key price levels are invalidated or maintained.
Gold prices could head lower in the near term if strong U.S. economic data lead the Fed to deliver additional monetary tightening in the coming months.
Inflation during the month of June proved too hot, halting progress to the developing disinflationary trend. Euro eases
Bitcoin is consolidating its recent sharp gains and may push further ahead if near-term resistance can be taken out.
Indices have continued to recover from the lows of the week, and look set for more gains.
Silver selling abates as prices consolidate into a pennant formation. Levels for bearish continuation identified
The Australian Dollar backed away from higher ground after the US Dollar ascendency got back on track as markets digest the Federal Reserve’s prospective rate path. Where to for AUD/USD?
Crude oil prices consolidated going into Thursday after testing the low side of the range as markets reassess the monetary policy outlook. Will the range break for WTI?
Gold prices retreat as Fed chair Powell retains hawkish stance, signaling that the central bank will resume hiking rates at upcoming meetings, an event that could push real and nominal yields higher.
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