Equities slump after Hot CPI. Rally Sellers Remain Dominant

The Dow Jones, S&P 500 and Nasdaq 100 tumbled in the worst week since early January. Surging inflation has everyone eying the Fed, BoE and BoJ. Will the US Dollar continue rising alongside Treasury…

The Euro is struggling to rise despite an increasingly hawkish European Central Bank as competition gets stiff between its major peers. Where to for EUR/USD with the Fed’s turn next?

The Japanese Yen’s descent continued last week after an inflation print firmed up the US Dollar. A dovish Bank of Japan is unlikely to take action despite the extreme weakness. Will JPY fall further?

The Swiss Franc’s rapid decline of late may be in for further weakness ahead of the SNB and Fed rate decisions respectively, while USD/CHF looks to test 1.00.

The U.S. dollar is likely to rise next week if the Fed signals at its June meeting that it will have to raise rates more aggressively in response to broadening inflationary pressures.

Bitcoin prices suffered after US CPI rose to a four-decade high. With fundamentals currently driving price action, the economic calendar remains key for digital assets.

The pound continues to suffer from fundamental challenges like the cost-of-living squeeze, despite a strong labor market, ahead of tricky BoE decision

The Australian Dollar has a very healthy economy behind it and the longer the currency stays undervalued, the stronger it gets. Will AUD/USD get a grip?

Markets face another busy week filled with event risks as traders gauge central bank policy and global inflationary pressures.