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Earnings To The Rescue Amid Rekindled Hope For Inflation Seasonality
Article By:
Stephen Innes
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Friday, April 26, 2024 6:49 PM EDT
Wall Street has significantly revised its expectations for Fed rate cuts in 2023. Traders have shifted their bets from initially anticipating seven cuts to now predicting just one.
AUD/USD Climbs 1.82% Across Four Sessions
Article By:
Finance Brokerage
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Friday, April 26, 2024 1:35 PM EDT
The Australian dollar has demonstrated remarkable resilience and vigor, charting a course of consistent gains throughout the week.
USDJPY Charges Higher: Uptrend Confirmed Or Bullish Momentum Extended?
Article By:
ForexCycle
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Friday, April 26, 2024 8:12 AM EDT
USDJPY’s price action suggests continued strength.
Japanese Market Commentary - Friday, April 26
Article By:
James Harte
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Friday, April 26, 2024 7:25 AM EDT
Traders are questioning whether we’re seeing the first signs of intervention today by Japanese authorities after USDJPY suddenly plunged around 1.2% before reversing the losses immediately.
EURUSD Climbs: Uptrend Resumption Or Bullish Correction?
Article By:
ForexCycle
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Friday, April 26, 2024 7:13 AM EDT
EURUSD has displayed renewed buying pressure, breaking above key resistance.
GBP/USD Forecast: USD Strength, GBP Weakness
Article By:
Christopher Lewis
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Friday, April 26, 2024 5:56 AM EDT
The British pound initially rally during the trading session on Thursday but seems to be looking at the 1.25 level as a major barrier that’s all but impossible to stay above for any significant amount of time.
US Dollar Commentary - Friday, April 26
Article By:
James Harte
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Friday, April 26, 2024 5:06 AM EDT
The US Dollar continues to soften on Friday as traders digest a weaker-than-forecast advanced GDP print yesterday.
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