The Federal Reserve is getting close to pausing its tightening program. The Fed increased rates by a quarter of a percentage point. The sharp rise in mortgage rates hurt Canada's housing market. Today's USD/CAD outlook is bearish. On Wednesday, investors applauded the Federal Reserve’s indication that it is getting close to pausing its tightening program. … Continued
The post USD/CAD Outlook: Fed Raises Rates, But Signals Looming Pause appeared first on Forex Crunch.
The Federal Reserve is getting close to pausing its tightening program. The Fed increased rates by a quarter of a percentage point. The sharp rise in mortgage rates hurt Canada's housing market. Today's USD/CAD outlook is bearish. On Wednesday, investors applauded the Federal Reserve’s indication that it is getting close to pausing its tightening program. … Continued
The post USD/CAD Outlook: Fed Raises Rates, But Signals Looming Pause appeared first on Forex Crunch.
The US Federal Reserve appeared close to ending interest rate hikes. The Fed increased its benchmark funds rate by 25 basis points. European markets predict another 50 bps or so to go. Today's EUR/USD forecast is bullish. The dollar was under pressure on Thursday, trading near seven-week lows, after the US Federal Reserve appeared close … Continued
The post EUR/USD Forecast: Euro Soars as Fed Nears End of Hike Cycle appeared first on Forex Crunch.
The US Federal Reserve appeared close to ending interest rate hikes. The Fed increased its benchmark funds rate by 25 basis points. European markets predict another 50 bps or so to go. Today's EUR/USD forecast is bullish. The dollar was under pressure on Thursday, trading near seven-week lows, after the US Federal Reserve appeared close … Continued
The post EUR/USD Forecast: Euro Soars as Fed Nears End of Hike Cycle appeared first on Forex Crunch.
The US Federal Reserve appeared close to ending interest rate hikes. The Fed increased its benchmark funds rate by 25 basis points. European markets predict another 50 bps or so to go. Today's EUR/USD forecast is bullish. The dollar was under pressure on Thursday, trading near seven-week lows, after the US Federal Reserve appeared close … Continued
The post EUR/USD Forecast: Euro Soars as Fed Nears End of Hike Cycle appeared first on Forex Crunch.
Gold is bearish in the short term, so a further drop is favored. The FOMC should move the price today. The weekly S1 is seen as a potential downside target. The gold price is trading in the red at $1,936 at the time of writing. It seems determined to approach new lows after the UK … Continued
The post Gold Price Slumps Below $1,950 Amid Upbeat UK CPI appeared first on Forex Crunch.
Gold is bearish in the short term, so a further drop is favored. The FOMC should move the price today. The weekly S1 is seen as a potential downside target. The gold price is trading in the red at $1,936 at the time of writing. It seems determined to approach new lows after the UK … Continued
The post Gold Price Slumps Below $1,950 Amid Upbeat UK CPI appeared first on Forex Crunch.
Gold is bearish in the short term, so a further drop is favored. The FOMC should move the price today. The weekly S1 is seen as a potential downside target. The gold price is trading in the red at $1,936 at the time of writing. It seems determined to approach new lows after the UK … Continued
The post Gold Price Slumps Below $1,950 Amid Upbeat UK CPI appeared first on Forex Crunch.
British consumer price inflation unexpectedly increased to 10.4% in February. Investors are awaiting the BOE meeting on Thursday. Markets are presently pricing in a 14% chance that the Fed won’t raise rates. Today's GBP/USD forecast is bullish. British consumer price inflation unexpectedly increased to 10.4% in February from 10.1% in January, according to the Office … Continued
The post GBP/USD Forecast: UK Inflation for Feb Exceeds Expectations appeared first on Forex Crunch.
British consumer price inflation unexpectedly increased to 10.4% in February. Investors are awaiting the BOE meeting on Thursday. Markets are presently pricing in a 14% chance that the Fed won’t raise rates. Today's GBP/USD forecast is bullish. British consumer price inflation unexpectedly increased to 10.4% in February from 10.1% in January, according to the Office … Continued
The post GBP/USD Forecast: UK Inflation for Feb Exceeds Expectations appeared first on Forex Crunch.
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