Canadian Dollar Outlook: Inflation Data to Dictate USD/CAD, CAD/JPY
Canadian inflation figures for January may dictate the near-term trajectory of USD/CAD and CAD/JPY rates, as surging oil prices put a premium on the commodity-sensitive Loonie.
Gold, Crude Oil Forecast: Rising Yields and Stronger USD Exert Pressure
Gold prices extended lower as the US Dollar gained alongside Treasury yields. Crude oil prices retreated from a 12-month high despite output disruptions in Texas as a cold blast swept…
Natural Gas Prices Boom as Major Storm Pushes US Power Grids to Limit
Natural gas prices surged higher this week after a major storm caused chaos throughout the southern and central United States. Now, another weather system is threatening the southern US, which…
Bitcoin (BTC) Outlook: BTC/USD Challenging $50,000, Where to Next?
Although Bitcoin’s long-term outlook remains overtly bullish, recent price action suggests that a short-term pullback could be in the offing.
DAX 30, FTSE 100, S&P 500 Outlook: Retail Trader Bets Flashing Some Warnings
The DAX 30, FTSE 100 and S&P 500 have been pushing higher as of late, but retail trader positioning hints that a couple of these may turn lower ahead. What…
Dow Jones, Hang Seng, ASX 200 Outlook: Rising Yields May Weigh on Prices
Asia-Pacific equities look set to open lower as US index futures declined in early trading hours. Rising US Treasury yields and a stronger US Dollar may exert downward pressure on…
AUD/USD Nears Support Level after Safe-Haven Flows Boost US Dollar
AUD/USD is approaching a level of support after safe-haven flows boosted US Dollar strength. A risk-off tone dragged Wall Street indexes lower with the Dow Jones being the exception as…
S&P 500 Forecast: SPY ETF Clocks Outflows Alongside Gold, Treasury Funds
Exchange traded fund data reveals net outflows for the S&P 500-tracking SPY ETF. Meanwhile, investors have also pulled capital from funds with exposure to safe haven assets like gold.
Canadian Dollar Forecast: USD/CAD Defending Yearly Lows- Key Support
Canadian Dollar is back on defense with USD/CAD threatening an outside-day reversal off key support. Here are the technical levels that matter on the Loonie weekly.
Euro Forecast: Why Bulls Like EUR/JPY More Than EUR/USD
Euro bulls may prefer EUR/JPY over EUR/USD for one key reason.