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Gold Price Forecast: Will XAU/USD Shrug off a Higher US Retail Sales Outcome?

Posted by By 14/05/2021Posted inForex
Gold prices are trying to recover recent losses heading into key US retail sales and sentiment data. Will the Fed’s dovish tone numb a market reaction to unexpectedly better data?
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Crude Oil Prices May Fall as US Retail Sales Data Shapes Fed Outlook

Posted by By 14/05/2021Posted inForex
Crude oil prices may continue to fall after suffering the largest daily drop in six weeks as US retail sales data stokes speculation about a sooner-than-expected Fed policy pivot.
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S&P 500 Index Rebound May Offer Relief for Nikkei 225 and ASX 200

Posted by By 14/05/2021Posted inForex
The S&P 500 index reversed a three-day loss amid favorable jobs data and falling commodity prices, which cooled inflation fears. APAC markets look set to trade higher following a positive…
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NZD/USD Rises After Rate Bets Ease, Business NZ PMI in Focus

Posted by By 13/05/2021Posted inForex
The risk-sensitive New Zealand Dollar rose as rate trades eased and Wall Street gained. NZD saw a positive print in New Zealand's business PMI.
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US Dollar Outlook: DXY Index Eyes Retail Sales Data, Yields

Posted by By 13/05/2021Posted inForex
The US Dollar traded broadly sideways on Thursday as bulls paused the rally amid softer Treasury yields. Will retail sales and consumer sentiment data stoke inflation fears and a bid…
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S&P 500 Forecast: Stocks at Risk Following Major Trendline Break

Posted by By 13/05/2021Posted inForex
As inflation fears erode risk appetite, the S&P 500 could experience further volatility putting stock valuations at risk of further declines. A major trendline break on the S&P 500 might…
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Dow Jones Analysis: Stocks Rebound From Recent Losses as Disney Earnings Disappoint

Posted by By 13/05/2021Posted inForex
Nasdaq 100, S&P 500, and Dow Jones end Thursday higher following three straight days of declines, as Disney reported disappointing revenue and Disney+ subscriber numbers.
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USD/MXN Continues Lower as Bank of Mexico Leaves 4.0% Rate Steady

Posted by By 13/05/2021Posted inForex
The Bank of Mexico on Thursday kept its benchmark lending rate at 4.0%, as expected. USD/MXN was largely unchanged on the news but continued its drift lower.
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Gold Price Forecast: Progressing Towards Multi-Month Resistance – Levels for XAU/USD

Posted by By 13/05/2021Posted inForex
Gold prices have continued advance towards multi-month bull flag resistance.
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USD/CAD Faces RSI Buy Signal After Clearing September 2017 Low

Posted by By 13/05/2021Posted inForex
The Relative Strength Index (RSI) indicates a textbook buy signal for USD/CAD as the oscillator climbs out of oversold territory and pushes above 30.
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