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New Zealand Dollar Forecast: NZD/USD, NZD/JPY Levels Ahead of RBNZ

Posted by By 22/02/2021Posted inForex
Better-than-expected economic data diminishes the chances of further easing from the RBNZ at its upcoming meeting and paves the way for NZD/JPY and NZD/USD to extend recent gains.
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S&P 500, Hang Seng, ASX 200 Outlook: Will Rising Yields Derail Stock Market's Upward Trajectory?

Posted by By 22/02/2021Posted inForex
Asia-Pacific equities are poised for a mixed start as US equity benchmarks were little changed on Friday. Rising Treasury yields may exert pressure on risk assets as inflation expectations build.
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Australian Dollar Outlook: Rising Iron and Copper Prices to Bolster AUD/USD

Posted by By 22/02/2021Posted inForex
The Australian Dollar is on the move higher as rising commodity prices help bolster sentiment. Australia's vaccine program also offers a price driver, with thousands slated for inoculations.
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Weekly Fundamental US Dollar Forecast: Mr. Powell Goes to Washington

Posted by By 21/02/2021Posted inForex
Fed Chair Jerome Powell will head to Capitol Hill for two days of testimony to deliver the semi-annual Monetary Policy Report.
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Markets Week Ahead: Dow Jones, US Dollar, Crude Oil, Fed, Treasuries, NZD/USD, RBNZ

Posted by By 21/02/2021Posted inForex
Market sentiment was a mixed bag as the Dow Jones gained but the Nasdaq Composite weakened. Crude oil prices turned lower. All eyes are on Fed Chair Jerome Powell amid…
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Corporations Embrace Crypto, Boosting Bitcoin Price – Stock Market Forecast

Posted by By 21/02/2021Posted inForex
Equity markets stumbled slightly last week but there are signs risk appetite lurks beneath the surface as corporations begin embracing cryptocurrency which has provided a boost to Bitcoin.
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US Dollar Technical Forecast: AUD/USD, DXY, EUR/USD, GBP/USD

Posted by By 21/02/2021Posted inForex
The US Dollar looks set to continue losing ground against the Australian Dollar, British Pound and Euro in the coming weeks. Key levels for AUD/USD, DXY, EUR/USD, GBP/USD.
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Mexican Peso Forecast: Contingent on Energy Shortages and US Yields

Posted by By 21/02/2021Posted inForex
USD/MXN breaks its downtrend as energy shortages from the US cause concern for the Mexican economy.
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Australian Dollar Outlook: Uptrend Resuming as Global Recovery Bets Follow?

Posted by By 21/02/2021Posted inForex
The Australian Dollar resumed its uptrend as traders betted on a gradual economic recovery from the coronavirus. Will Fed Chair Jerome Powell be asked about rising Treasury yields?
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Euro Forecast: EUR/USD Week Ahead Outlook Poor, EUR/GBP Tumbling

Posted by By 21/02/2021Posted inForex
EUR/USD has broken lower and will likely slip further in the coming week while EUR/GBP shows no sign of stabilizing as its slump continues.
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