Central Bank Watch: Fed Speeches, Interest Rate Expectations Update Posted by By 09/03/2021Posted inForex The Fed is now in its pre-meeting communications blackout period. Here’s what policymakers were saying before the curtain dropped.
Gold Price Forecast: Gold Jumps, Bear Market Bounce or Something More? Posted by By 09/03/2021Posted inForex Gold has lost as much as 14.41% so far in 2021, is it finally nearing a turn? Or is this a mere pullback/pause in a bigger picture bearish trend?
Mexican Peso Forecast at Inflection Point – Levels for MXN/JPY, USD/MXN Posted by By 09/03/2021Posted inForex Rising US Treasury yields have proved a nuisance to EM FX rates. However, MXN-crosses could be at a turning point.
NZD/USD Rate Snaps Bearish Price Series to Defend 2021 Low Posted by By 09/03/2021Posted inForex NZD/USD may continue to defend the 2021 low (0.7096) as the exchange rate snaps the series of lower highs and lows from the previous week.
US Dollar Rally Halts, Gold Bounces Back – US Market Open Posted by By 09/03/2021Posted inForex Choppy trading conditions sees USD rally on hold. Gold prices given much needed support from softer yields.
Market Sentiment Positive, Strong USD Dominating Trading | Webinar Posted by By 09/03/2021Posted inForex Traders are confident of a global economic recovery, perhaps leading to higher inflation. That has boosted US Treasury yields and the resulting strength of the US Dollar is affecting all…
DAX 30 Record Highs, CAC 40 Working on Coronavirus Gap-fill Posted by By 09/03/2021Posted inForex The DAX looks to stay in record territory while the CAC pushes towards filling the gap from last February.
Bank of Canada Preview: Canadian Dollar Awaits BoC Decision Posted by By 09/03/2021Posted inForex BoC expected to maintain current policy, however, accompanying statement is likely to acknowledge strong economic rebound.
Bitcoin (BTC/USD), Ethereum (ETH/USD) Price Outlook – New All-Time Highs Near Posted by By 09/03/2021Posted inForex The cryptocurrency market has digested recent selling and now looks primed for a fresh attempt at new all-time highs.
CAC 40, FTSE MIB Continue Steady Pace Higher, Focus on ECB Response to Yields Posted by By 09/03/2021Posted inForex European equities consolidate higher but investors will pay attention to Lagarde’s comments about bond yields at the ECB meeting on Thursday