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Month: March 2023

Cryptocurrencies

US CPI Preview: Fed Rate Expectations Dive, USD/CAD Tests 1.37

Key takeaways The upcoming US CPI report could tip the scales for the Fed’s highly-anticipated interest rate decision next week. The report comes as traders sift through the confusion and uncertainty following the collapse of Read more…

By , 3 years ago March 13, 2023
Cryptocurrencies

US CPI Preview: Fed Rate Expectations Dive, USD/CAD Tests 1.37

Key takeaways The upcoming US CPI report could tip the scales for the Fed’s highly-anticipated interest rate decision next week. The report comes as traders sift through the confusion and uncertainty following the collapse of Read more…

By , 3 years ago March 13, 2023
Cryptocurrencies

US CPI Preview: Fed Rate Expectations Dive, USD/CAD Tests 1.37

Key takeaways The upcoming US CPI report could tip the scales for the Fed’s highly-anticipated interest rate decision next week. The report comes as traders sift through the confusion and uncertainty following the collapse of Read more…

By , 3 years ago March 13, 2023
Cryptocurrencies

US CPI Preview: Fed Rate Expectations Dive, USD/CAD Tests 1.37

Key takeaways The upcoming US CPI report could tip the scales for the Fed’s highly-anticipated interest rate decision next week. The report comes as traders sift through the confusion and uncertainty following the collapse of Read more…

By , 3 years ago March 13, 2023
Cryptocurrencies

Currency Pair of the Week: EUR/USD

Welcome to another edition of the Currency Pair of the Week. The EUR/USD is this week’s key FX pair to watch. Will the Fed hike interest rates at all? SVB root cause behind bonds, risk Read more…

By , 3 years ago March 13, 2023
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9144; (P) 0.9244; (R1) 0.9313; More… USD/CHF’s decline accelerates to as low as 0.9096 so far today and intraday bias stays on the downside for 0.9058 low. Decisive break there will resume Read more…

By , 3 years ago March 13, 2023
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9144; (P) 0.9244; (R1) 0.9313; More… USD/CHF’s decline accelerates to as low as 0.9096 so far today and intraday bias stays on the downside for 0.9058 low. Decisive break there will resume Read more…

By , 3 years ago March 13, 2023
Cryptocurrencies

Will US CPI Report Cause Another Market Storm?

The last CPI report before the Fed’s March policy meeting is due on Tuesday at 12:30 GMT and after the recent nasty surprises in the data, anxiety is running high about another hot print. Fed Read more…

By , 3 years ago March 13, 2023
Cryptocurrencies

GBP/USD: Elliott Wave Reversal Pattern

Another currency that looks attractive vs USD as US yeilds come down, can be pound, after a very nice rebound from 1.18 area last week, where market made a failure breakdown. In fact, a reversal Read more…

By , 3 years ago March 13, 2023
Cryptocurrencies

EURUSD Battles With 50-Day SMA

EURUSD has been in a consolidation mode after breaking below its upward sloping channel pattern. Nevertheless, the pair has realised some gains in the past few daily sessions, with the 50-day simple moving average (SMA) capping Read more…

By , 3 years ago March 13, 2023

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