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Crude Oil, Gold, Natural Gas Forecast: Traders Eye US NFP Report and Heatwave

Posted by By 29/06/2021Posted inForex
The US non-farm payrolls report (NFP) will likely influence price action in gold and crude oil prices as traders gauge the Fed's policy path. Meanwhile, a heatwave in the country…
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USD Dollar Outlook, Momentum Fading? USD/SGD, USD/THB, USD/IDR, USD/PHP

Posted by By 29/06/2021Posted inForex
The US Dollar struggled to extend gains against most ASEAN currencies this past week. Could its momentum be rekindled looking at USD/SGD, USD/THB, USD/IDR and USD/PHP?
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Nasdaq 100 Hits Record High, Viral Concerns Weigh on ASX 200

Posted by By 29/06/2021Posted inForex
The Nasdaq 100 surged to an all-time high on earnings optimism, outperforming the Dow Jones and S&P 500. Oil dropped while gold held steady. APAC markets look set to trade…
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Banks Resume Capital Distribution Following Federal Reserve Stress Test Results

Posted by By 29/06/2021Posted inForex
Major US banks announced plans to resume and boost their capital distribution programs, with all but Citi electing to boost quarterly dividends.
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Australian Dollar Outlook: Lockdowns Straining AUD’s Path, RBA Outlook

Posted by By 28/06/2021Posted inForex
AUD/USD is under pressure as Australia enacts a new round of lockdowns amid worries about the quickly spreading Delta variant of Covid-19. A speech from RBA Governor Philip Lowe is…
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Bitcoin ETF Filing by Cathie Wood’s ARK Faces Regulatory Hurdle

Posted by By 28/06/2021Posted inForex
Bitcoin proponent and ARK Invest founder Cathie Wood has requested approval from the SEC to list a Bitcoin ETF, but the cryptocurrency failed to push higher as regulatory hurdles still…
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Luckbox Leans In With Stephanie Kelton

Posted by By 28/06/2021Posted inForex
Stephanie Kelton is a rarity among scholars of economics. Instead of confining her ideas to a college lecture hall, she’s moved onto the world stage.
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USD/JPY Fails to Pierce Resistance, but a Breakout Remains a Strong Possibility

Posted by By 28/06/2021Posted inForex
USD/JPY has lacked conviction and has been unable to decisively climb above the 111.00 resistance level, but a breakout and a large move could be in the offing.
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Dow Jones & DAX 30 Forecasts for the Week Ahead

Posted by By 28/06/2021Posted inForex
The Dow Jones might struggle to regain its footing as investors look to rotate out of value stocks and back into high-growth technology stocks. Meanwhile, the DAX 30 awaits inflation…
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AUD/USD Rate Snaps Five Day Rally with RSI Tracking Downward Trend

Posted by By 28/06/2021Posted inForex
The rebound in AUD/USD appears to be stalling after posting its longest stretch of gains since August 2020, with the RSI tracking the downward trend established in May.
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