Invesco DB USD Index Bullish Fund ETF (UUP)

The USD/JPY pair remained firmer on the session as the Bank of Japan opted to keep rates unchanged at 0.5%, a decision that was widely expected by markets.

Risk sentiment shows signs of recovery by midday trading in New York, as investors anxiously await the Federal Open Market Committee (FOMC) meeting at 2:00 p.m., hoping that Federal Reserve Chair Jerome Powell will offer reassuring remarks on the strength of the economy.

The US Dollar trades in the green against most of its major peers, with a big surge against the Turkish Lira.

The Euro flirts with a breakout above 1.0950, but volatility looms ahead of the FOMC meeting, with potential moves toward 1.12 or a sharp decline below 1.08.

Often it is said that what the Fed does is more important than what it says. But this is not so today.

GBP/USD drops below 1.2950 ahead of the Fed rate decision. DAX falls from record high with geopolitical updates on tap ahead of the Fed.

The USD/JPY pair surged to 149.58 on Wednesday, marking its fourth consecutive day of gains as the Japanese yen extended its decline.

The analysis provides a structured framework for interpreting price action in a bearish market.

The Pound Sterling struggles around 1.3000 against the US Dollar ahead of the Fed’s monetary policy decision, dot plot, and economic projections.

US markets closed in red, Fed expected to hold rates steady, Trump and Putin agreed to limited Ukraine ceasefire. US data showed strong results. Most S&P 500 sectors down, energy & healthcare up. Asia markets mixed, Europe up. Commodities down, USD slightly up due to recession fears and tariffs.

Market pricing suggests some dovish tweak in the Fed communication today, but we think Chair Powell will want to see hard evidence of a slowdown and will remain cautious for now.

Theory warns that all stocks are at risk when transportation stocks underperform the Dow Jones Industrial Average.

Gold and silver soared, with the silver futures contract tagging 35 intraday.

The oil markets had a mixed day today.

Speculators lower rate cut expectations as inflation concerns cast doubt on Fed's willingness to ease policy. Retail bettors favor 2 cuts, while markets expect 3 by 2024. Fed may revise inflation projections higher. Chair Powell maintains cautious stance.

Recent shifts in global financial dynamics have raised critical questions about the future of the U.S. dollar’s dominance.

The precious metal Gold is in focus today after it rises firmly to exceed its recent record high just above $3,000, trading as high as $3,018 just before the start of today's London session..

The greenback remains under pressure and fell to new lows for the move against the euro, sterling, and the Norwegian krone

EUR/USD looks to German fiscal reform vote. FTSE 100 rises, boosted by miners as Gold hits a record high

The Pound Sterling grips gains near 1.3000 against the US Dollar as the DXY Index struggles to hold the five-month.

The upcoming Federal Reserve meeting could have significant implications for USD/JPY, particularly given the ongoing debate around monetary policy and the strength of the U.S. economy.

USD/CAD may navigate near the three-month low of 1.4151. A break below the ascending channel pattern suggests a shift to bearish sentiment.

On Monday, U.S. markets closed higher after weeks of losses. Investors await Fed meeting, while economic data shows weaker retail sales and manufacturing.

The week started with another US data disappointment, as softer-than-expected retail sales added to worries about a deteriorating consumer picture.