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Mexican Peso Forecast: Waters Turn Murkier for the Dollar, USD/MXN Remains Vulnerable

Posted by By 13/06/2021Posted inForex
USD/MXN could move lower next week if the Fed sticks to the dovish script and reiterates that now is not the time to start talking about withdrawing stimulus despite rising…
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Euro Forecast: EUR/USD Price Outlook Neutral, Hoping for FOMC Guidance

Posted by By 13/06/2021Posted inForex
Last week was all about waiting for US inflation data and the ECB; the week ahead will be spent hoping for Federal Reserve guidance on US monetary policy – and…
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British Pound (GBP) Weekly Forecast: GBP/USD, EUR/GBP Testing Range Boundaries

Posted by By 12/06/2021Posted inForex
GBP/USD and EUR/GBP stick to their ranges but pick up momentum to try and break their boundaries
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Gold Price Outlook Hinges on Updated Fed Interest Rate Dot Plot

Posted by By 12/06/2021Posted inForex
The Federal Reserve rate decision is likely to sway the price of gold as the central bank is slated to update the Summary of Economic Projections (SEP).
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Crude Oil Outlook: IEA Report Sends Price Skyward Ahead of US-Iran Talks

Posted by By 12/06/2021Posted inForex
A bullish International Energy Agency (IEA) report sent crude oil above $71.00 per barrel for the first time since 2018. US and Iran will resume talks this weekend. Will a…
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Weekly Fundamental US Dollar Forecast: Here Comes Taper Talk

Posted by By 12/06/2021Posted inForex
The June Fed meeting is likely to see policymakers moving from ‘potentially talking about discussions about tapering’ to the actual ‘discussions about tapering.’
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Nasdaq 100 Index Forecast: Eyeing All-Time Highs after "Double Bottom" Formation

Posted by By 12/06/2021Posted inForex
The Nasdaq 100 index formed a “Double Bottom” chart pattern, which is commonly viewed as a bullish signal. The index looks set to challenge its all-time highs with upward momentum.
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Bitcoin (BTC) Grinding Higher – Ethereum (ETH), Alt-Coins in Wait-And-See Mode

Posted by By 12/06/2021Posted inForex
Bitcoin continues its slow move higher while the rest of the market is watching to see if the move has legs
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USD/CAD Technical Forecast: Range Break Could Lead to Big Squeeze

Posted by By 12/06/2021Posted inForex
USD/CAD has been stuck in a range for a month, but on Friday it started to break out; potential for a squeeze.
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Australian Dollar Outlook: AUD/USD Divergence With Wall Street Risks Continuing

Posted by By 12/06/2021Posted inForex
The Australian Dollar may struggle despite ongoing optimism from Wall Street as falling bond yields and inflation expectations sap AUD/USD’s appeal. Focus on the Federal Reserve next.
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