Gold Bulls Look Tired After Strong Run Into 2023

Gold prices have been a one-way bet for three months, posting gains on a softer Dollar and hopes that the Fed is losing its enthusiasm for interest rate hikes

3m

Euro Breaking News – Euro Area Headline Inflation Falls Sharply, EUR/USD Little Changed

Headline inflation in the Euro Area is falling sharply, according to initial Eurostat data, with lower energy prices helping to cut the cost of living.

1h

Japanese Yen Outlook: USD/JPY Scans 130 Ahead of Fed

USD/JPY looks ahead to the Fed’s interest rate decision with caution as the Yen flirts with the 130 handle.

2h

Gold Treads Water Ahead of a Cascade of Central Bank Hikes. Where to for XAU/USD?

The gold price rejected a move lower overnight as the US Dollar is poised ahead of today’s all-important Fed rate decision with the attention turning to post-decision press conference.

6h

S&P 500 and USDJPY: FOMC Strategy Run Down

It’s finally upon us: the FOMC rate decision. The markets have been waiting for this event, but will it give the clarity of theme and trends that traders have been waiting? We break down the event and the backdrop of key markets represented by the S&P 500, Dollar and USDJPY.

12h

USDCAD Offers a More Direct Contrast on Rates Post-Fed

Most FX traders – and investors in most assets for that matter – are eagerly awaiting the FOMC rate decision Wednesday afternoon. Pairs like EURUSD and GBPUSD may prove difficult to read given the ECB and BOE decisions due the following day. Yet, for USDCAD, the Fed view will find a stable counterpart.

14h

USD Breaking News: CB Consumer Confidence Declines Ahead of FOMC

CB Consumer Confidence decreases to 107.1 (vs est 109) - higher interest rates weigh on the business confidence and the short-term employment outlook.

19h

Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

20h

Euro Forecast: USD Controlling EUR/USD Price Action Dismissive of Positive EZ Data

EUR/USD is under pressure as it preps for tomorrow’s Fed rate decision.

22h

USD/JPY Breaks Key Downtrend Line But Bulls Have Work to Do

USD/JPY is stuck on Fed-Watch but whether its recent gains can be consolidated is a big question

23h