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Euro Braces for Draghi Speech, USD May Fall on Local CPI Data

TALKING POINTS – EURUSD FORECAST, MARIO DRAGHI, US CPI, FED MONETARY POLICY Euro braces for ECB President Mario Draghi’s speech in Frankfurt, Germany US Dollar braces for CPI data – a weak reading may boost Fed rate cut bets EURUSD continues to trade above descending resistance – But for how long? See our free guide […]
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Dollar Drops Versus SGD, IDR on Fed Rate Cut Bets. China Trade Eyed

ASEAN Fundamental Outlook ASEAN currencies surged higher as Fed rate cut bets sunk the US Dollar Disappointing US CPI, retail sales data may compound USD losses ahead Markets will be gauging trade war impact on Chinese external sector data Trade all the major global economic data live and interactive at the DailyFX Webinars. We’d love […]
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USDCAD Rate Eyes April-Low Ahead of NFP, Canada Employment Report

Canadian Dollar Talking Points USDCAD remains under pressure ahead of the U.S. Non-Farm Payrolls (NFP) report as Federal Reserve officials change their tune, and the exchange rate may continue to retrace the advance from the April-low (1.3274) as it initiates a series of lower highs and lows. USDCAD RateEyes April-Low Ahead of NFP, Canada Employment […]
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US Dollar Price Breakout Still Doable; US-China Trade War Latest

US Dollar Price Talking Points: The DXY Index touched a fresh monthly high on Tuesday, drawing into focus a potential bullish breakout opportunity around the May FOMC minutes release midweek. US-China trade war tensions remain, but beyond verbal jousting, no new measures appear on the horizon. Retail traders are selling US Dollar strength, suggesting that […]
USDNOK Uptrend Continues Despite Hawkish Norges Financial institution, US CPI Next

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