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dxy

US Inflation Expected To Spike Today
US Inflation Expected To Spike Today

US Inflation DueThe US Dollar is on watch today as traders prepare to receive the latest US inflation report this afternoon. Annualised headline CPI is forecast to surge higher to 3.4% from 2.4%...

Hawkish FOMC Mins Boost Dollar
Hawkish FOMC Mins Boost Dollar

Dollar Bouncing BackThe US Dollar is seeing a mild recovery off the week’s lows printed yesterday as DXY gapped lower in response to the US/Iran ceasefire deal being announced. DXY plunged almost 1%...

Is AUDUSD Heading For A Breakout?
Is AUDUSD Heading For A Breakout?

Dollar Dips On Ceasefire NewsUSD is sinking across the board today in FX markets as traders react to news of the eleventh-hour ceasefire deal agreed last night between the US and Iran. Risk currencies...

Big Two-Way Risks for Gold Into Trump's Deadline
Big Two-Way Risks for Gold Into Trump's Deadline

Gold Lightly Bid on TuesdayGold prices are looking tentatively optimistic today with the futures market in the green though still down from last week’s highs. Global markets are very much in wait and...

DXY Capped by $100 Resistance For Now
DXY Capped by $100 Resistance For Now

Iran War UncertaintyThe US Dollar is starting the week on a softer footing as traders await incoming news around the Iran war. Trump has threatened a major escalation of the conflict if Iran doesn’t...

Copper Recovery Stalls on Revived Risk-Aversion
Copper Recovery Stalls on Revived Risk-Aversion

Copper Reverses on ThursdayCopper prices have come under fresh selling pressure today following a recovery earlier in the week. The move lower in USD through the first half of the week amidst an...

Dollar Surges on Fresh Iran War Uncertainty
Dollar Surges on Fresh Iran War Uncertainty

USD Pushing Higher AgainRisks of a fresh breakout in USD are rising today following hawkish comments from Trump overnight. The US President’s threat to escalate the Iran war before ultimately ending...

Gold Pushing Higher As Crude & Dollar Fall
Gold Pushing Higher As Crude & Dollar Fall

Gold Higher As USD ReversersGold prices are pushing higher today, benefiting from as a weaker US Dollar, on the back of news yesterday that Trump sees the Iran war ending within 2-3 weeks. Gold...

Dollar Pushing Higher On Hawkish Fed Outlook
Dollar Pushing Higher On Hawkish Fed Outlook

DXY Bid on MondayThe US Dollar is starting the week on a strong footing with the DXY extending its recent bull run, now on course for a fifth day in the green. The move higher comes against a backdrop...