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New Zealand Dollar Forecast: NZD/USD, NZD/JPY Key Levels with RBNZ on Tap

Posted by By 12/04/2021Posted inForex
The Reserve Bank of New Zealand’s is expected to reiterate its dovish stance, despite a remarkable rise in housing prices, which may open the door for NZD/USD, NZD/JPY to track…
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Dow Jones, Nikkei 225, ASX 200 Outlook: Bank Earnings in Focus as US Stocks Hit Records

Posted by By 12/04/2021Posted inForex
Stocks on Wall Street closed at all-time highs as investors anticipated a strong earnings season ahead. Futures across Asia Pacific look set to ride this tailwind and trade higher.
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USD/CNH Forecast: Yuan Loans Data May Show China’s Appetite for Stimulus

Posted by By 11/04/2021Posted inForex
The Chinese Yuan and Asia-Pacific equity markets may move on incoming March new loans data. Meanwhile, traders will be eyeing an interview with US Fed Chair Powell.
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Markets Week Ahead: Dow Jones, S&P 500, Bonds, Gold, NZD, RBNZ, Bank Earnings

Posted by By 11/04/2021Posted inForex
The Dow Jones and S&P 500 pushed further into all-time highs amid falling Treasury yields and a weaker US Dollar. Gold seems to be finding some momentum. Ahead, earnings season…
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Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

Posted by By 11/04/2021Posted inForex
Earnings season begins this week with the arrival of quarterly reports from the country’s largest banks. Can they shrug off losses from the recent Archegos blowup and rally higher or…
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US Dollar Forecast: April Opening Range Casts Bearish Outlook for DXY

Posted by By 11/04/2021Posted inForex
The opening range for April raises the scope for a further decline in the US Dollar Index (DXY) as the monthly high (93.34) lines up with the first day of…
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Mexican Peso Price Forecast: USD/MXN Tumble Continues Despite Banxico's Message of Caution

Posted by By 11/04/2021Posted inForex
USD/MXN is keeping nicely to its descending trendline, aiming below the 20 pesos mark in the short-term.
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Australian Dollar Technical Forecast: AUD/USD at Crucial Juncture

Posted by By 11/04/2021Posted inForex
The AUD/USD chart is tilting towards lower levels, will need to round the corner soon to turn outlook bullish.
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Euro Forecast: EUR/USD Outlook Tilted to the Downside in Week Ahead

Posted by By 11/04/2021Posted inForex
EUR/USD has been climbing gently in the past few days after its recent steep falls. However, that was probably just position-squaring ahead of further weakness.
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US Dollar Fundamental Outlook Hinges on Treasury Yield Volatility

Posted by By 10/04/2021Posted inForex
The US Dollar has faced notable headwinds over recent trading sessions with the DXY Index down over -1% so far this month. Will inflation data due reinvigorate Treasury yield volatility…
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