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Gold Price Slides Even Without Dollar’s Help
Article By:
Przemyslaw Radomski, CFA
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Tuesday, April 23, 2024 10:40 AM EDT
Gold slides once again today, proving that yesterday’s $67 slide was not accidental.
Dollar Index And Euro-Dollar Medium-Term Forecast
Article By:
Dzmitry Chalevich
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Tuesday, April 23, 2024 10:32 AM EDT
In mid-January, the main development options for this year for EUR/USD and USD/JPY were considered . At least a short-term strengthening of the dollar was expected; there were still options in the medium term.
Australian Dollar Rises On Strong Economic Indicators
Article By:
Andrey Goilov
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Tuesday, April 23, 2024 8:13 AM EDT
The AUD/USD pair is experiencing upward momentum for the second consecutive day, reaching a one-week high near 0.6453 on Tuesday.
USD/JPY Outlook: Intervention Warnings Mildly Lift Yen
Article By:
Yohay Elam
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Tuesday, April 23, 2024 8:08 AM EDT
There is a bigger chance of intervention after Japan meets with the US and South Korea. The BoJ is ready to hike rates to support the yen. The yen’s decline is closely tied to the recent shift in the outlook for Fed rate cuts.
Currency Pair Of The Week: USD/JPY - Tuesday, April 23
Article By:
Fawad Razaqzada
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Tuesday, April 23, 2024 7:50 AM EDT
The US dollar was in consolidation mode on Monday, but it will be looking to extend its recent gains even though we have seen a rebound in equity markets at the start of this week.
USDCAD Struggles: Downtrend Deepening Or Temporary Dip?
Article By:
ForexCycle
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Tuesday, April 23, 2024 6:45 AM EDT
USDCAD’s recent price action indicates continued weakness.
Daily Market Outlook - Tuesday, April 23
Article By:
Patrick Munnelly
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Tuesday, April 23, 2024 5:30 AM EDT
On Tuesday, most Asian stock markets are experiencing gains, influenced by the positive performance of global markets and a reduction in concerns about a larger conflict in the Middle East.
Two Trades To Watch: FTSE, EUR/USD Forecast - Tuesday, April 23
Article By:
Fiona Cincotta
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Tuesday, April 23, 2024 5:15 AM EDT
FTSE rises to a record high as the GBP struggles around a 5-month low.
USD/CAD Price Analysis: Remains Subdued Near 1.3700 As US Dollar Slips
Article By:
FXStreet
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Tuesday, April 23, 2024 4:58 AM EDT
USD/CAD struggles to hold the 1.3700 support as the US Dollar edges down. US bond yields consolidate as investors focus on US core PCE Price Index data. BoC’s rate cut prospects remain strong as Canada’s inflation softens significantly in March.
GBPUSD Under Pressure: Downtrend Confirmed Or Correction Incoming?
Article By:
ForexCycle
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Tuesday, April 23, 2024 4:50 AM EDT
GBPUSD’s recent price action suggests continued weakness.
FX Daily: Sterling Makes Its Move
Article By:
ING Economics
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Tuesday, April 23, 2024 3:55 AM EDT
Sterling has seen some noticeable underperformance after dovish comments from MPC internal members.
Elliott Wave Technical Analysis: Australian Dollar/Japanese Yen - Tuesday, April 23
Article By:
Peter Mathers
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Tuesday, April 23, 2024 3:42 AM EDT
The analysis outlines a transition in the AUD/JPY pair from a corrective phase to a potentially more impulsive structure.
EUR/USD Price Analysis: Tests The Major Level Of 1.0650; Followed By The Nine-Day EMA
Article By:
Akhtar Faruqui
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Tuesday, April 23, 2024 1:25 AM EDT
EUR/USD remains lackluster during the Asian trading hours on Tuesday, hovering near 1.0650. From a technical perspective, analysis suggests a bearish sentiment for the pair as it struggles below the pullback resistance at the 1.0695 level.