USD/ZAR Outlook: Strong Open For South African Rand Ahead of U.S. PMI
The rand is attempting to regain its title as the leading Emerging Market (EM) currency against the dollar YTD but with upcoming key economic data, can ZAR bulls hold on?
US Dollar Technical Outlook: DXY at Risk of Heading to Yearly Low
The DXY is in position to trade back towards the yearly low in what could make for a range-bound year of activity.
Australian Dollar Forecast: RBA Sticking to QE Taper Can Lift AUD/USD
RBA may stick to the script despite widespread lockdown measures
Cryptocurrencies Trim Weekend Gains, Ethereum (ETH) Outperformance Continues
The crypto market enjoyed a positive weekend with a range of coins seeing a decent move higher. Ethereum's chart breakout may lead to further gains.
GBP/USD Nudging Higher Towards 1.40 as FTSE 100 Builds Strong Momentum Ahead of BoE
End of month flows saw GBP/USD struggling to keep momentum going on Friday but buyers are giving it another go in their attempt to break the 1.40 barrier
Crude Oil Prices Drop After Weaker China PMI, Viral Resurgence
WTI crude oil prices pulled back on Monday following the release of weaker-than-expected China NBS PMI figures. Markets also weigh the impact of the Delta variant on global energy demand.
US Dollar Outlook: SGD, THB, IDR, PHP May Benefit on Slowing Covid Growth, Soft NFPs
The US Dollar could lose some ground against ASEAN currencies such as the Singapore Dollar and Thai Baht amid slowing Emerging Asia Covid case growth. Softer US NFPs may also…
Weekly Fundamental Gold Price Forecast: Time to Glitter Again? US NFP Friday
Gold prices have finally started to respond to a promising fundamental backdrop – but as always, the US labor market report can upend even the best laid plans of mice…