US Treasury Yields Rally Further Putting Additional Pressure on Technology Stocks
The yield on the US 10-year Treasury has just touched a fresh one-year high of 1.445%, adding to nervousness in the US tech space.
British Pound (GBP) Latest: GBP/AUD, GBP/NZD, GBP/CAD Under Pressure
Sterling is losing ground against the so-called commodity currencies in a sign that its recent strength may be ebbing away, although the longer-term outlook continues to look bright.
Dow Jones, Russell 2000 Aiming Higher on Accommodative Fed, Fiscal Stimulus
The Federal Reserve’s accommodative monetary policy settings, and the impending provision of additional fiscal support, will probably pave the way for the Dow Jones and Russell 2000 to continue mov...
Indian Rupee, Nifty 50 Outlook: RBI Rate Hike Bets Creeping With CPI Estimates
The Indian Rupee and Nifty 50 have been on a tear this year so far, with local inflation expectations and now RBI rate hike bets slowly on the rise. Are…
Canadian Dollar Price Forecast: USD/CAD, CAD/JPY, CAD/CHF, EUR/CAD
The commodity-sensitive Canadian Dollar may continue outperforming its major counterparts in the coming weeks. USD/CAD, CAD/CHF, CAD/JPY and EUR/CAD key levels to watch.
S&P 500 Rally May Lift Hang Seng, ASX 200 on Dovish Fed, 3rd US Vaccine
Asia-Pacific stocks are poised for a rebound after Wall Street stocks ended higher on Wednesday. Fed Chair Jerome Powell’s dovish comments, Johnson & Johnson’s Covid-19 vaccine lifted investor conf...
AUD/USD Gains on Reflation Trade While RBNZ News Dispatches AUD/NZD Lower
The Australian Dollar is pushing into fresh highs versus the Greenback, but RBNZ news is bolstering the New Zealand Dollar, with AUD/NZD moving sharply lower.
US Dollar Outlook: DXY Index Rejects 50-Day Moving Average
The US Dollar advanced early on during Wednesday’s trading session, but bears pushed back and sent the DXY Index recoiling lower after failed attempt to take out its 50-day moving…
Stock Market Forecast for the Week Ahead: Growth to Value Rotation Heats Up
Price and ETF flows data reveals the ongoing rotation between growth stocks and other areas of the stock market such as industrials and value. With the technical breakdown in the…