US Dollar Index Price and AnalysisUS The dollar index prints a fresh one-month high.Sterling continues to re-price lower after Thursday’s dovish BoE meeting.For all major central bank meeting dates, see the DailyFX Central Bank Calendar The Bank of England looks set to join the Federal Reserve and the European Central Bank in lowering borrowing costs
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Most Read: Fed Sticks to Dovish Policy Roadmap; Setups on Gold, EUR/USD, Nasdaq 100Too often, traders get caught up in the herd mentality, buying when prices are rising rapidly and selling in a panic when the market takes a turn to the downside. Contrarian indicators, like IG client sentiment, offer a different perspective. By gauging
EUR/USD News and AnalysisECB officials eye June meeting for first rate cut, SNB delivers a surprise cutDollar drop appears short-lived as EUR/USD heeds resistanceThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library ECB Officials Eye June Meeting for First Rate
GBP/USD Analysis and ChartsBoE unchanged, votes 8-1 to hold ratesUK 2-Yr Gilt yield falls by 7bps.GBP/USD back below 1.2750.Most Read: Fed on Hold, 2024 Policy Outlook UnchangedThe BoE left the Bank Rate untouched today but MPC voting left a dovish feeling post-decision. At the last meeting, six out of nine members voted to keep rates
Gold (XAU/USD) AnalysisThe Fed gave gold the green light after confirming rate cut viewGold soars to new all-time highThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library The Fed Gave Gold the Green Light after Reaffirming Rate Cut ViewThe Federal
FORECAST – GOLD, EUR/USD, NASDAQ 100The Fed held borrowing costs unchanged and continued to indicate it would deliver three rate cuts this yearThe dovish policy outlook weighed on the U.S. dollar and yields, boosting gold prices and the Nasdaq 100This article examines the technical outlook for XAU/USD, EUR/USD and the NDXMost Read: Fed Holds Rates
FOMC DECISION – MARCH MEETINGThe Federal Reserve leaves interest rates unchanged at the end of its March meeting, in line with expectationsThe 2024 policy outlook remains the same, with the Fed still signaling 75 basis points of easing for the yearGold prices head higher as the U.S. dollar and yields take a turn to the