AUD/USD Weekly Forecast: Ominous Signs for Aussie Dollar
AUD/USD looks to a US dominated week while technical analysis favors more pain for the Aussie dollar.
USD/JPY Jumps on US PMI Data Beat as US Treasury Yields Resume Rally
USD/JPY erased morning session losses and jumped into positive territory after U.S. PMI data surprised to the upside, bolstering U.S. Treasury yields across the curve.
Sterling Price Outlook: Signs of Bullish Impetus Reverse Ahead of a Busy Week
Sterling showed some signs of promise earlier this week on the back of another stubbornly hot inflation number which dragged rate expectations higher. Momentum Fades
EUR/USD Remains Listless Despite Improving Euro Area Business Activity
The latest Euro Area PMIs show business activity in the single block at an 11-month high, driven by an increasingly robust service sector.
USD Price Forecast: Dollar Index (DXY) Bid on Fed Speak
The U.S. dollar looks towards additional Fed speak and US PMI data in what is a relatively lackluster economic trading day. DXY pushing 102.
Time for Japanese Yen to Rise? USD/JPY, EUR/JPY, AUD/JPY Ahead of BOJ
The Japanese yen is largely unchanged after Japan's inflation data met expectations, but the Japanese currency could rise ahead of the Bank of Japan meeting next week. What is outlook…
Canadian Dollar Falls With Crude Oil Prices, Will USD/CAD Break Higher Next?
The Canadian Dollar continues to weaken alongside crude oil prices. USD/CAD is facing a key moving average, will it be able to, or will prices break higher?
Gold Prices Fly as Treasury Yields Dive, S&P 500 at Risk of Breaking Down
Gold prices resume their advance, supported by falling US Treasury rates. Meanwhile, the S&P 500 fails to extinguish bearish pressure despite the move in bond markets, a sign bulls may…
Euro Forecast – EUR/USD Rebounds as Trendline Support Holds Bears at Bay. What Now?
EUR/USD gains after a subdued performance on Wednesday, as prices encounter support at a key technical trendline, setting the stage for a modest rebound in the FX space.
South African Rand Forecast: ZAR Bid on Sticky Inflation and Weaker USD
USD/ZAR has pushed off the 50-day moving average today as a weaker USD takes hold ahead of key US releases later today.