Gold and Crude Oil Await Dollar Break for Their Own Commitment
The Dollar is the principal pricing instrument for most global commodities, which has brought an unexpected curb to development for both gold and oil
Source: dailyfx.com
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S&P 500 Run Looks to Earnings, Dollar Tumble to Rate Forecasts, Bitcoin to Market Stability
There is plenty of event risk on tap next week to potentially fuel further activity including: inflation reports; 3Q GDP updates; the UK financial statement and consumer share earnings
Source: dailyfx.com
USD/JPY Loses Steam Ahead of US CPI, Key Levels to Watch
The Japanese Yen remains under pressure against the US Dollar as investors await the US CPI print. Rising yields and a more aggressive Fed support the greenback.
Source: dailyfx.com
British Pound Price Analysis: GBP/USD Lacks Momentum Prior to BoE
The British Pound (GBP) has edged slightly higher as investors await the BoE and other major risk events
Source: dailyfx.com
British Pound Technical Analysis: GBP/USD Nosedives After Fed Meeting
The British Pound (GBP) continues to decline against the greenback after hawkish Fed press boosts demand for the safe-haven Dollar
Source: dailyfx.com