Silver Squeeze – The Meme Stock After-Thought that Didn’t Quite Take Off
Short squeezes in the silver market were fundamentally doomed from the start amid mass controversy
Oil Price Rebound Unravels as OPEC+ Negotiations Still Continue
The price of oil gives back the rebound from the monthly low ($70.76) even as US inventories contract for nine straight weeks amid the ongoing deadlock within OPEC.
BTC/USD & ETH/USD Appear Poised for Another Dive Lower
BTC and ETH have been tracking sideways the past couple of months and look headed for another strong leg to the downside.
S&P 500, Dow Jones & Nasdaq 100 Technical Outlook for the Days Ahead
U.S. stocks remain relatively healthy on the surface, but a pullback may be near that puts the trend to the test.
British Pound Outlook: Hawkish Twist By BoE's Saunders Sends Sterling Sharply Higher
GBP/USD jumps 60 pips after Bank of England policy maker Michael Saunders hints at ‘curtailing the current asset purchase program’
Canadian Dollar Outlook – USD/CAD Short-Term Consolidation After BoC Adjusts its Bond-Buying Program
The multi-week USD/CAD retracement may be put on hold in the short term as a variety of technical signals cloud the outlook.
British Pound (GBP) Price Outlook: GBP/USD Steady After UK Jobs Data
GBP/USD is broadly stable in Europe Thursday after a mixed batch of UK employment figures that showed a jump in average earnings, including bonuses, but a tick higher in the…
US Dollar Faces Day Two of Powell Testimony. Will It Hold Up?
The US Dollar was notably resilient despite what the markets saw as dovish rhetoric from Fed Chair Jerome Powell. Will it stand up to another day of testimony?
Equities Q3 Fundamental Forecast: Stocks to Enjoy Continued Economic Recovery, Seasonality a Concern
The Dow Jones, S&P 500 and Nasdaq 100 entered the third quarter on the back of yet another strong showing in the post-pandemic era as stocks continued to climb across…
US Dollar Analysis, Gains Continue: USD/SGD, USD/THB, USD/PHP, USD/IDR
The US Dollar continues to push higher against ASEAN currencies. USD/SGD may breakout above a rectangle chart pattern, with USD/THB eyeing 2020 peaks. USD/PHP gains as USD/IDR ranges.