September 2018

On Friday at 12:30 GMT, the updated core Personal Consumers Expenditure (PCE) price index, the Federal Reserve’s favorite inflation measure, will dominate investors’ attention as economic evidence out of the US and Trump’s restrictive trade…

A raft of economic data out of Japan will hit the markets on Thursday at 23:30 GMT. Forecasts point to numbers that would reaffirm the BoJ’s reluctance to consider an exit from its massive stimulus program for the time being and as such,…

The Eurozone is scheduled to publish initial inflation estimates for the month of September on Friday at 9:00 GMT and analysts believe that consumer prices picked up steam after a small pullback in August. The stats however are not likely…

EUR/GBP has retreated significantly from the more than one-year high of 0.9098 touched at the end of August and appears once again to be struggling for direction. Prices have been drifting inside the Ichimoku cloud during the past couple of…

The Fed is practically certain to raise interest rates by another quarter-percentage point on Wednesday at 18:00 GMT. With such an action being fully priced in already, investors will probably focus more on the updated rate projections,…

GBP/USD erased some of Friday’s significant losses yesterday and still remains above the 23.6% Fibonacci retracement level of the downleg from 1.4375 to 1.2660. The buying interest following the rebound on the 1.2660 support level has…

EUR/USD has traded lower after the bounce off the 1.1800 strong psychological level on Friday, while it opened with a small negative gap in Monday’s European session. However, the EUR/USD pair remains in the inverse head and shoulders…

USD/CHF lost 4.8% after reaching its highest since May 2017 of 1.0067 around mid-July. It is currently trading not far above a five-and-a-half-month low of 0.9541 tracked on Friday. The Tenkan- and Kijun-sen lines are negatively aligned in…

All eyes will be on the Federal Reserve policy meeting in the United States next week as markets await the central bank’s response to a firming inflation outlook and rising global trade tensions. The Reserve Bank of New Zealand will too be…