AUD/USD Price Forecast: Aussie Slips on Chinese LPR & Risk Sentiment
AUD/USD gets hit by souring risk sentiment as US debt ceiling takes center stage once more. Chinese economic growth adds to downside as commodity prices slide.
Natural Gas Week Ahead: Base Building May Have Started
The surge in momentum last week could be an early sign that natural gas may have started to form a base after a prolonged period of weakness. How much more…
US Dollar Slides on Uncertainties While Japanese Yen Firms Despite Poor Data
The US Dollar drifted lower as debt ceiling concerns and a potentially dovish Federal Reserve undermined. The Japanese Yen managed to rally after poor data. Lower USD/JPY?
Is the Downward Correction in Gold Over?
Last week’s drop to a six-week low could be a sign that cracks have started to emerge in gold’s uptrend. Does it mean it is down from here? What is…
Crude Oil Price Creates a Range After Failing to Gain. Where to for WTI?
Crude oil prices consolidated into the week as the US Dollar appears vulnerable with debt ceiling uncertainty lingering and the possibility of the Fed being less hawkish. Lower WTI?
Markets Week Ahead: Nasdaq, Gold, US Dollar; Debt Ceiling, US PCE, Germany Ifo, UK Inflation, RBNZ, Australia Retail Sales
US debt ceiling talks are likely to dominate sentiment after some of the optimism scaled back after reports on Friday that debt ceiling talks have hit a roadblock. Fed speak…
Nasdaq 100, Dow Jones, S&P 500 Forecast: US Indices Rally Facing Key Technical Hurdles
US Indices continued their rise this week as large cap Tech stocks continue to lead the way. There are key technical hurdles ahead which begs the question, can the rally…
EUR/USD Outlook: Euro Attempts Fightback Post Powell, US Data to Come
EUR/USD looks to key US economic data for guidance after a dovish Powell pushed the euro back above 1.08 against the dollar.
EUR/CHF IG Client Sentiment: Our data shows traders are now at their most net-long EUR/CHF since Mar 15 when EUR/CHF traded near 0.99.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/CHF-bearish contrarian trading bias.
British Pound (GBP/USD) Week Ahead: UK Inflation and US Debt Talks to Dominate
Market sentiment, and price action, will be dictated by ongoing US debt ceiling talks and the latest US and UK inflation reports