Gold Price Outlook Dependent on Federal Reserve Forward Guidance
A change in the Fed’s forward guidance may produce headwinds for the price of gold if the central bank shows a greater willingness to scale back its emergency measures.
Euro Forecast: EUR/AUD, EUR/CAD, EUR/NZD Rates Outlook
The Euro’s gains against the trio of commodity currencies has largely been driven by anything other than the Euro itself.
USD/CAD Price Forecast: Risk Events to Dominate the Week Ahead
A full week of economic data releases underscores the importance of risk management as volatility in the pair is likely to rise
USD/ZAR Outlook: South African Rand Falls Ahead of Fed Build Up
USD/ZAR pullback off 15.0000 support levels last seen in March this year. All eyes are on Wednesday Fed meeting with technical analysis (short-term) favoring rand bulls.
EUR/USD Outlook: Euro Sentiment Soft Eyes on Fed Meeting
Euro anchored around 1.18, sentiment in the single currency remains soft, but conviction on the low side.
DAX 30 Outlook: IFO Business Data Shows Dampening Sentiment
The DAX 30 sees another negative weekly start as risk-off spills over from Asia
Bitcoin (BTC), Ethereum (ETH) Surge on Amazon Payment Rumor
Talk that Amazon may accept Bitcoin as a means of payment sent the cryptocurrency market spiraling higher, breaking multi-week resistance levels.
Gold Prices May Struggle Despite China Stocks Drop as FOMC Looms
Gold prices may struggle to build on modest gains amid a sharp Chinese stock market selloff as trend development awaits the FOMC policy announcement.
US Dollar Outlook: Federal Reserve in Focus for SGD, THB, IDR, PHP Amid Covid Risks
The US Dollar may remain on the offensive against ASEAN currencies amid Covid case growth and regional lockdown risks that threaten growth. All eyes are also on the Federal Reserve.
Coffee Prices at 6-Year High as Extreme Cold Weather Hits Brazil
Coffee Prices at 6-Year High as Extreme Cold Weather Hits Brazil