Copper Forecast: More Upside for Red Metal on Upgraded Global GDP, US Stimulus?
Copper's fundamental bull narrative remains strong, supported by ongoing demand pressures, supply disruptions and post-pandemic stimulus goals.
Bitcoin (BTC) Consolidating Below $60K, Ripple (XRP) Surges to Multi-Year Highs
Bitcoin may follow Ripple’s native coin, XRP, higher in the coming days, as the technical outlook for both cryptocurrencies suggest that the path of least resistance is higher.
Euro Forecast: EUR/USD and EUR/JPY May Rise as Long Bets Fade, Will This Last?
Retail traders appear to be reducing long exposure in the Euro after recent gains. This hints that EUR/USD and EUR/JPY may rise in the near term, but could this trend…
S&P 500 Pauses Record Rally, Hang Seng and ASX 200 Edge Higher
Stocks on Wall street retreated from record highs amid thin volume, with the tech sector leading the decline. The Hang Seng Index looks set to trade higher after a holiday…
Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update
As the rise in global bond yields has steadied in recent weeks, nascent rate hike expectations have cooled off.
AUD/NZD Aims Higher as Australian Dollar Eyes RBA Financial Stability Review
AUD/NZD is moving slightly higher after Tuesday's RBA rate decision, guided by a supportive moving average. Meanwhile, markets are digesting the IMF's most recent WEO update.
Stock Market Forecast for the Week Ahead
The S&P 500 and Dow Jones have pushed into record territory after a string of upbeat economic data sparked a wave of risk appetite and bullish price action. Seasonality may…
Canadian Dollar Forecast: Loonie Maintains Bullish Flight Path – Setups in CAD/JPY, USD/CAD
The Canadian Dollar has had a rocky start to the week, but resolutions in favor of more CAD strength are still sought after in CAD/JPY and USD/CAD rates.
Nasdaq 100 Forecast: Are New Highs Ahead?
The Nasdaq 100 is taking aim at a highly influential trendline after breaking out of its recent downtrend. With an encouraging fundamental landscape, can the Nasdaq 100 push to new…
NZD/USD Tests Former Support Ahead of Federal Reserve Minutes
NZD/USD may consolidate ahead of the Federal Reserve Minutes if former support now acts as resistance.