The Week Ahead Report – RBA and Major Economic Data in US, Canada and UK

It’s a new trading week when the market participants will like to see whether the fresh dollar resurgent will gain more momentum or 95 will resist further rally for the index. Also, it seems US equities would recover from last week’s inflation-induced dips. The Aussie monetary policy, US retail sales data, GBP CPI and CAD […]

Market Report Today July 14- What you need to know

The US Dollar leads the way as it stays firm against other major FX after Tuesday’s higher inflation figures. The Reserve Bank of New Zealand lifted NZD following taper talks. Here is today’s market report and what you need to know as the London session opens.  Higher Inflation Figures boost the Dollar On Tuesday, the […]

Market Analysis ahead of FOMC- EURUSD and DXY technical forecast

All eyes will on the US Fed on Wednesday as market participants try to decipher how near a rate hike can be. The dollar index is running back toward 92 ahead of the New York session.  The Fed is expected to keep rates unchanged at the current 0.25%. However, the market is looking into the […]