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img-2 AUD/USD Shows Bearish Momentum as Fed Hike Odds Rise The pair entered this week under pressure as market participants have now priced in a near certain U.S. interest rate hike this week and flocked to the safe-haven dollar following escalating tension in the Middle East that has pushed West Texas Intermediate back over $100.
The biggest cryptocurrency by market capitalization experienced volatility in the period leading up to and after the release of the inflation data. This volatility has resumed today as the new week opens, as traders eye new cues that could trigger significant price movements.
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Forex Today: Fed Starts Policy Meeting, Rate Hike Expected Tomorrow

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Markets See 90% Chance of Fed Rate Hike, 10-Year Treasury Yield>5%; Canadian Inflation Contracted as Expected, Loonie Weaker; Crude Oil Remains Elevated as Tensions Continue in Hormuz; Yen Weaker
img-4 Silver Tests Key Support Levels Ahead of Wednesday's Major Fed Rate Decision Silver's Fed Pivot Strategy Hinges on Wednesday's Critical Rate Signal Announcement
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USD/MXN Holds Above 17.00 as Fed Uncertainty Builds

The USD/MXN remains in the lower part of its long-term range after having moved within lower values in the middle of last week that tested late May 2024 terrain. The slight reversals higher produced since then remain technically intriguing...
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Free Forex Trading Signals & Analysis Get the latest Forex news and analysis

At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.

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Adam Lemon

Adam joined Daily Forex as Chief Analyst in 2013, with over a decade of experience in the global financial markets, including six years as an Assistant Vice President at Merrill Lynch

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