S&P 500 Breaks Down Support, Will Fed's Powell Address Bond Sell Off?
Tactical weakness in US equities as markets follow seasonal pattern. Eyes on Chair Powell
South African Rand Outlook: Unemployment Rises Ahead of Budget Speech
Fundamental drivers from both the U.S. and South Africa will be in focus this week as the USD/ZAR pair is in for increased price volatility.
Bitcoin (BTC/USD), Ethereum (ETH/USD) Crushed as Cryptocurrency Market is Overrun by Sellers
The cryptocurrency market has been experiencing wild price swings over the last two days with sellers in complete control as prices slump across the board
Germany 30 IG Client Sentiment: Our data shows traders are now net-long Germany 30 for the first time since Feb 01, 2021 when Germany 30 traded near 13,680.40.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bearish contrarian trading bias.
FTSE 100, FTSE 250 Outlook Improves After UK Unemployment Data and Roadmap
London-listed shares are stabilizing and could move higher after news that the UK unemployment claimant count fell by 20,000 in January rather than rising as analysts had expected.
British Pound Forecast: Reopening Plan Capping EUR/GBP, Buoying GBP/USD
The British Pound may continue to outperform the Euro and US Dollar on the back of Prime Minister Boris Johnson’s reopening plan and the marked divergence in vaccination rates between…
US Dollar Forecast: Gaining Ground as ASEAN Weaken, Eyes on Fed Chair Powell
The US Dollar gained against most ASEAN currencies this past week, such as the Indonesian Rupiah and Philippine Peso. Will this continue? Eyes are on Fed Chair Jerome Powell.
Copper, Crude Oil Prices Surge. Eyes on Fed Chair Jerome Powell for Next Moves
Copper and crude oil prices are attempting to extend aggressive gains alongside global growth bets. Will Fed Chair Jerome Powell derail their trajectories in the coming days?
Swiss Franc Technical Outlook: GBP/CHF, AUD/CHF, EUR/CHF Chart Levels
The Swiss Franc’s technical outlook has deteriorated against the British Pound, Australian Dollar and Euro as traders pull capital out of the safe-haven currency.
Gold, Silver Forecast: Powell's Testimony to Underpin XAG/USD, XAU/USD
Federal Reserve Chair Jerome Powell’s semi-annual testimony before Congress, and US fiscal stimulus progress, may trigger further gains for gold and silver prices in the short-term.