FOMC

The FOMC, and Fed Chairman Powell in particular, are seemingly less concerned with the deteriorating labor market and equally if not more focused on the inflation side of the central bank’s mandate.

GBP/USD outlook clouded by oil-driven dollar strength ahead of FOMC decision today. Meanwhile, as UK inflation cools this puts the BoE under pressure to adopt a more dovish stance.

Nasdaq, Silver Outlook: As geopolitical tensions weigh on markets, tonight’s FOMC meeting could reshape expectations for a weakened U.S. Dollar. Meanwhile, the Nasdaq flirts with record highs and silver climbs to 2012 highs—highlighting a pivotal moment for risk, resilience, and opportunity across key assets.

The US dollar rallied as geopolitical risks flared and traders priced in a less dovish Fed. Can AUD/USD and USD/CNH hold key support?

Tomorrow brings a vitally important Federal Reserve rate decision and the driver will probably be the bank’s dot plot matrix as the Fed updates their projections for the rest of the year.

A dovish surprise from the FOMC – perhaps a hint that the door remains open to a July rate cut or a strong lean toward cutting in September (currently “only” 60% priced in) – could lead to a bullish breakout in EUR/USD

Crude Oil Outlook: Despite growing concerns over potential supply disruptions in the Middle East, crude oil prices remain confined within a three-year declining channel, as no confirmed disruptions have materialized thus far. What are the key levels in sight?

Deflation, a surging franc, and limited meeting windows all point to the SNB potentially doing more than markets expect this week—could a return to negative rates be the shock that jolts USD/CHF from recent lows?

The US Dollar Index (DXY) is at 3+ year lows as continued yellow flags on inflation and the labor market could prompt the Fed to cut interest rates as soon as July.

USD/CAD, Bitcoin Outlook: With U.S. economic indicators still falling short of signaling a deeply concerning outlook, the U.S. Dollar Index (DXY) is holding firm in a bullish rebound. At the same time, haven demand appears to be shifting toward Bitcoin, which is gaining traction amid broader market uncertainty.

Hopes that the US will strike some trade deals with its large trading partners ahead of the weekend meeting between US and Chinese trade representatives is helping to keep risk appetite mildly positive. This is keeping the Dow Jones forecast neutral as the index tests a major resistance area.