DAX 30 Pushes to Record High as Unemployment Falls in Germany
Germany is set to ease covid-19 restrictions as infection rates fall, improving the economic outlook for the summer
British Pound (GBP) Price Outlook: GBP/USD Still Firm After Touching Three-Year High
Sterling ‘s strong rally that has taken it to its highest level since April 2018 shows no sign of running out of steam just yet, although there could be some…
Euro May Fall as CPI Data Sustains Dovish ECB, Dollar Eyes ISM
The Euro may fall if a pickup in inflation proves inadequate to inspire a rethink of ultra-dovish ECB policy. The US Dollar looks the ISM manufacturing survey for a lifeline.
Gold Prices Rise to 4-Month High, Crude Oil Surges Before OPEC+ Meeting
Gold prices climbed to a fresh 4-month high, backed by a softening US Dollar and demand for inflation-hedge assets. Traders are eyeing an OPEC+ meeting after the oil cartel pointed…
Australian Dollar Down as the RBA Rules Out Rate Hikes Until 2024
The Australian Dollar fell as the RBA struck a dovish tone with June's monetary policy update, signaling rate hikes are unlikely at least until 2024.
US Dollar Technical Forecast: USD/SGD, USD/THB, USD/IDR, USD/PHP
The US Dollar is looking vulnerable again against most ASEAN currencies, with USD/SGD, USD/THB, USD/IDR and USD/PHP aiming to resume recent downtrends?
Nasdaq 100 Futures Lead Nikkei 225, ASX 200 Lower, RBA Rate Decision in Focus
The Nasdaq 100 futures traded lower during Tuesday’s morning session, setting a sour tone for the Asia-Pacific markets. Traders are eyeing the RBA interest rate decision and an OPEC+ meeting…
Stock Market Forecast for the Week Ahead: The Summer Doldrums Approach
Seasonality may work to slow stock market price action as a drawdown in volume and volatility seep into the market. The major indices have already begun to show symptoms of…
Australian Dollar Forecast: AUD/USD May Wilt on RBA, Falling Iron Ore Prices
The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.
Bitcoin (BTC), Ethereum (ETH), Alt-Coins – Beware of Weekend Volatility
The 24/7 cryptocurrency market needs to monitored closely over the coming long weekend with volatility levels still high