News | Forex Information

Nasdaq 100 Futures Drop After Apple Earnings Miss, Amazon and Google Mixed February 2, 2023
The tech leaders had a remarkable day Thursday with impressive rallies from Apple, Amazon and Google – all breaking above their 200-day moving averages – into the close. That run encouraged by a broad ‘risk’ lift and the surge in Meta after its own earnings, may be in jeopardy Friday after the run of earnings […]
John Kicklighter
Euro Hits New High as US Dollar Collapses in Fed Aftermath. Where to for EUR/USD? February 2, 2023
The Euro raced north after Fed commentary saw the US Dollar crash on the markets’ interpretation of a dovish tilt from the Chairperson. Will an ECB move do the same for Euro?
Daniel McCarthy
Dollar and VIX Slump After Fed Hike, Watch EURUSD and Doubt Trends February 1, 2023
The Federal Reserve hiked its benchmark rate another 25 basis points and Powell held the door open for further hikes, but neither risk assets nor the Dollar took the group for its word. Scrutinize the progress on trends like that from EURUSD with event risk like the ECB and unresolved themes like recession ahead.
John Kicklighter
FOMC Hikes Rates 25 bps As Expected, Leaves Open Further Hike Expectations February 1, 2023
The Federal Reserve has stuck to its previously stated pace with a 25bp rate hike that lifted the benchmark range to 4.50-4.75 percent. The in-line rate change generated volatility for the Dollar and S&P 500 emini futures, but markets were seeking more clarity on the forecast.
John Kicklighter
Gold Treads Water Ahead of a Cascade of Central Bank Hikes. Where to for XAU/USD? February 1, 2023
The gold price rejected a move lower overnight as the US Dollar is poised ahead of today’s all-important Fed rate decision with the attention turning to post-decision press conference.
Daniel McCarthy

Gold Price Forecast: Easing Financial Conditions Leave the Fed in a Tricky Spot January 29, 2023
Gold prices might fall if the Federal Reserve disappoints dovish market expectations that have led to easing financial conditions before inflation is back to target.
Daniel Dubrovsky
Dollar Yen Forecast: USD/JPY Remains Conflicted Around 130.000 January 29, 2023
USD/JPY is currently trading in a narrow zone of support and resistance around the psychological level of 130.000. Is this the calm before the storm?
Tammy Da Costa
Weekly Euro Forecast: ECB Hike Priced in and Has Core Inflation Peaked? January 29, 2023
The ECB unite, signaling multiple 50 bps hikes as core inflation proves sticky thus far, and the economic outlook for Europe is improving as a gas shortage has been avoided.
Richard Snow
WTI Oil Fundamental Forecast: Short-Term Outlook Promising with Key Risk Events in the Week Ahead January 28, 2023
WTI technicals and fundamentals eyeing further gains. Will the major risk events next week dent sentiment and stem the bullish momentum?
Zain Vawda
Dollar is Volatility Bound with FOMC, NFPs and Earnings…But Is There a Trend? January 28, 2023
The US Dollar is facing a very high probability of volatility and a breakout from an extremely tight range out of necessity. However, that doesn’t guarantee that what we absorb will lead to a definitive trend. Here are the stakes for the Greenback with the Fed rate decision, top US earnings and nonfarm payrolls on […]
John Kicklighter

Nasdaq 100 Futures Drop After Apple Earnings Miss, Amazon and Google Mixed February 2, 2023
The tech leaders had a remarkable day Thursday with impressive rallies from Apple, Amazon and Google – all breaking above their 200-day moving averages – into the close. That run encouraged by a broad ‘risk’ lift and the surge in Meta after its own earnings, may be in jeopardy Friday after the run of earnings […]
John Kicklighter
Gold Prices (XAU) Retreat from Recent High, Silver (XAG) Follows Suit February 2, 2023
Gold and Silver rallied after a series of rate decisions raised demand for precious metals. However, gains were relinquished after a rejection of resistance.
Tammy Da Costa
Oil Prices Fail to Hold Post-Fed Gains, Charts Look Heavy February 2, 2023
US crude prices faced opposing influences of ongoing output cuts and signs of large inventory builds.
David Cottle
EUR Breaking News: ECB Hike Rates by 50bps, EURUSD Looks Vulnerable February 2, 2023
ECB hikes rates by 50bps promising more to come as inflation remains their top priority. EURUSD sub 1.10 ahead of the press conference.
Zain Vawda
Breaking News: BoE Hikes by 50bps, GBP Pounded After Dovish MPC Report February 2, 2023
The Bank of England hiked rates by half a basis point but more placid guidance from the MPC has left the pound on offer. GBP/USD eyes 1.22.
Warren Venketas

Gold Prices (XAU) Retreat from Recent High, Silver (XAG) Follows Suit February 2, 2023
Gold and Silver rallied after a series of rate decisions raised demand for precious metals. However, gains were relinquished after a rejection of resistance.
Tammy Da Costa
Oil Prices Fail to Hold Post-Fed Gains, Charts Look Heavy February 2, 2023
US crude prices faced opposing influences of ongoing output cuts and signs of large inventory builds.
David Cottle
EUR Breaking News: ECB Hike Rates by 50bps, EURUSD Looks Vulnerable February 2, 2023
ECB hikes rates by 50bps promising more to come as inflation remains their top priority. EURUSD sub 1.10 ahead of the press conference.
Zain Vawda
Breaking News: BoE Hikes by 50bps, GBP Pounded After Dovish MPC Report February 2, 2023
The Bank of England hiked rates by half a basis point but more placid guidance from the MPC has left the pound on offer. GBP/USD eyes 1.22.
Warren Venketas
USD/JPY Post FOMC: Fading Recession Perceptions See Moderate USDJPY Move February 2, 2023
Powell acknowledged the risk of complacency around disinflationary trends but markets perceived the address as dovish, lifting risk assets while USDJPY eased lower
Richard Snow