USD/ZAR Outlook: Upbeat South African GDP Data Bolsters Rand
SA GDP data came in better than expected which played into technical patterns featuring on the weekly chart. Could this be the stimulus needed for a short-term correction?
British Pound (GBP) Latest: GBP/USD Rallying, Sterling Strong All-Round
The British Pound has been bolstered by a warning from the Bank of England Governor of rising inflation as the UK economy recovers from the slump caused by the Covid-19…
Euro Price Forecast: EUR/USD Perched Atop 200-MA with ECB In Focus
The divergent monetary policy outlooks of the European Central Bank and Federal Reserve may continue to drive the EUR/USD exchange rate in the near term.
Silver Broke Key Trendline? WTI Brushed Aside Saudi Arabian Oil Facility Attack
Silver prices weakened amid a rising US Dollar, with XAG/USD eyeing a year-long rising trendline. Meanwhile, energy prices brushed aside an attack on a key Saudi Arabian oil facility.
Swiss Franc Technical Outlook: USD/CHF, GBP/CHF, NZD/CHF Weekly Chart Setups
The Swiss Franc has seen significant losses versus the US Dollar, British Pound and New Zealand Dollar this year so far. Will the rally in USD/CHF, GBP/CHF and NZD/CHF continue?
US Dollar Outlook: Treasury Yields May Continue Pressuring ASEAN, Emerging Market FX
The US Dollar may rise against ASEAN currencies like the Singapore Dollar and Indonesian Rupiah as longer-term Treasury yields climb. Will the BoC and ECB help cool bond markets?
Australian Dollar Price Forecast: AUD/USD, AUD/JPY, AUD/NZD
The Australian Dollar could be poised to reverse higher against the US Dollar and Japanese Yen, while potentially giving up gained ground against its New Zealand counterpart. Key levels for…
Dow Jones Extends Gains amid Tech Rout. Will Nikkei 225, ASX 200 Follow?
Wall Street saw another mixed session with the reflation theme dominating a sectoral rotation out from tech and into cyclical sectors. Rising yields may continue to weigh on tech sentiment…
New Zealand Dollar May Fall Further as Stimulus-Driven Yield Climb Continues
Asia Pacific markets may see a bearish start to the session as Treasury yields continue to move higher on US stimulus spending. Meanwhile, Greenback strength pushed NZD/USD below a key…
Chinese Yuan, Canary in the Coal Mine? Setups in EUR/CNH, USD/CNH
The turn in CNH-crosses in late-February harkened the tumble in equities.