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US Dollar Forecast: USD/JPY Testing Key Support as Yields Slide Lower

Posted by By 19/04/2021Posted inForex
The USD/JPY exchange rate is challenging a key inflection point after sliding significantly lower on the back of falling US Treasury yields. Is a more extended correction in the offing?
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Crude Oil Prices Retreat after Big Rally as Traders Await Fresh Catalysts

Posted by By 19/04/2021Posted inForex
Crude oil prices retreated for a second day after registering big gains last week. Uneven vaccine progress around the globe and surging infections in India remain threats to energy demand.
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Euro May Turn Lower vs. US Dollar as Upswing Falters Below 1.20

Posted by By 19/04/2021Posted inForex
The Euro may be preparing to turn lower against the US Dollar following a corrective upswing but nascent signs of reversal remain tenuous for now.
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Gold Prices Extend Higher on Chinese Demand Boost, Falling Yields

Posted by By 19/04/2021Posted inForex
Gold prices edged higher as Treasury yields fell. China has given banks permission to import large amount of gold to meet domestic demand ahead of the “Golden Week” holiday.
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US Dollar Forecast: SGD, THB, IDR, PHP May Rise. Bank of Indonesian on Tap

Posted by By 19/04/2021Posted inForex
The US Dollar weakened against ASEAN currencies like the Singapore Dollar, Thai Baht, Indonesian Rupiah and Philippine Peso as Treasury yields fell. More of the same may be ahead.
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Nasdaq 100, Hang Seng, ASX 200 Outlook: Tech Earnings in Focus as US Stocks Hit Records

Posted by By 19/04/2021Posted inForex
Stocks on Wall Street closed at all-time highs as investors anticipated a strong earnings season ahead. Futures across the Asia Pacific look set to ride this tailwind. Cryptocurrencies tumbled over...
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Bitcoin Tumbles Amid Xinjiang Blackout, Possible US Treasury Investigation

Posted by By 19/04/2021Posted inForex
Bitcoin prices tumbled lower amid news of a possible US Treasury investigation into the crypto space and a blackout in the Chinese BTC mining region of Xinjiang.
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Markets Week Ahead: Dow Jones, Gold, EUR/USD, ECB, USD/CAD, BoC, Treasury Yields

Posted by By 18/04/2021Posted inForex
A decline in Treasury yields continued supporting the Dow Jones and Nasdaq Composite as the US Dollar fell. Gold and silver prices are on the rise following notable breakouts. EUR/USD…
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Dow Jones May Aim Higher, Backed by Earnings and Robust Data

Posted by By 18/04/2021Posted inForex
A slew of strong bank earnings and upbeat economic data may pave the way for US equity indices to march higher. With accelerated consumer spending and job creation, the path…
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US Dollar Outlook: USD Correction Plunges Towards 2021 Uptrend Support

Posted by By 18/04/2021Posted inForex
The Dollar plummeted for a second consecutive week after turning from technical resistance breakout. Here are the levels that matter on the DXY charts.
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