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Weekly Forex Forecast - Sunday, May 28
Article By: Daily Forex
Sunday, May 28, 2023 4:12 PM EDT
Markets remain dominated by two debates – whether the Fed has completed its cycle of rate hikes, and how the impasse over the debt ceiling can be fixed. As opinions on these issues swing back and forth, the dollar and stock markets swing up and down.
In this article: FXY, UUP, NDX
Pairs In Focus This Week - Sunday, May 28
Article By: Christopher Lewis
Sunday, May 28, 2023 2:40 PM EDT
The AUD/USD pair fell rather hard during the course of the week, as it was seen slicing through the 0.66 level. The market appears to have a “fade the rally” look about it on the short-term charts, as the pair may work its way down to the 0.64 level.
In this article: FXA, FXC, FXY, UUP, FXB, FXE Also: OIL, XAU
USD/JPY Price Analysis: Soars Past 140.00 Despite Weakening US Dollar, Eyes 141.00 Resistance
Article By: FXStreet
Saturday, May 27, 2023 3:00 PM EDT
Solid economic data from the United States bolstered the odds for another rate hike by the Federal Reserve, as demonstrated by the market's reaction. US Treasury bond yields rose before reversing their course, while the US dollar weakened.
In this article: FXY, UUP
USD/JPY Reached A YTD High But Retreated As Fed Minutes Confirmed A Possible Pause
Article By: FXStreet
Wednesday, May 24, 2023 5:07 PM EDT
The USD/JPY currency pair extended its gains of more than 0.39%, as the latest Fed minutes showed that a scenario of more rate hikes was “less certain.” The USD/JPY pair was seen trading at around 139.05, pointing to a new year-to-date high.
In this article: FXY, UUP
Daily Market Outlook - Wednesday, May 24
Article By: Patrick Munnelly
Wednesday, May 24, 2023 6:30 AM EDT
Asian equities traded mostly in the red, while UK inflation figures showed a decrease, albeit less than expected. Most await the release of the US Fed minutes, and the debt ceiling discussion.
In this article: FXE, FXA, FXB, FXY, JYNFF, SPX, BITCOMP

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