SA Rand Forecast: USD/ZAR Spikes After Finance Minister Reshuffle, NFP Next
USD/ZAR shot up briefly last night as President Ramaphosa announced a cabinet minister reshuffle. NFP data set to add to the recent volatility in the pair
USD/CAD Facing a Double Dose of Critical Jobs Data
USD/CAD traders are sitting on their hands as crucial US and Canadian jobs data hit the wires later in the session.
DAX 30, FTSE 100 and CAC 40 Fighting Off Resistance as Momentum Builds
European equities attempt to break away from key resistance as buyers keep momentum going
US Dollar Price Outlook: Market Risk Heightened on NFP Release
NFP report important for Fed signal timing of QE taper.
Gold (XAU/USD) prices falter ahead of Non-Farm Payrolls (NFP), Silver Stalls
Gold prices drop below $1,800 ahead of Non-Farm Payrolls. Silver prices stabilize below prior trendline resistance
Indian Rupee Falls as RBI Holds Dovish Stance, USD/INR Eyes Support. Nifty 50 at Risk?
The Indian Rupee fell as the RBI maintained its accommodative stance, but it was not unanimous. USD/INR bounced off key support. The Nifty 50 gave up gains as bond yields…
Natural Gas Outlook: Warms Conditions Persist in the US and Europe, Gains Ahead?
Natural gas continues to look higher, as hot weather and drought conditions across the United States and Europe, help fuel the already strong demand narrative for the commodity.
US Dollar Outlook Bearish: Thai Baht Still at Risk as SGD, PHP, IDR Outperform
The US Dollar remains tilted lower against most ASEAN currencies with the exception of the Thai Baht. The Singapore Dollar, Philippine Peso and Indonesian Rupiah face their next tests.
Nasdaq 100 Hits All-Time High, Lifting Nikkei 225 and ASX 200
The Nasdaq 100 index climbed to a record high ahead of Fridays nonfarm payrolls report. Strong US earnings underpinned sentiment, whereas the Delta variant remains a top weighing factor. APAC…
Australian Dollar Forecast: AUD/USD May Move on RBA, Covid, China, US NFPs
The Australian Dollar is benefiting from a rebound in sentiment after Wall Street closed higher. AUD/USD looks to the RBA and Friday's NFP report as the week comes to a…