Earthquake Death Tops 36,000 as Outrage Adds Pressure to USD/TRY
USD/TRY is heading back to January’s all-time high of 18.885 one week after the 7.8 magnitude earthquake ripped through the epicenter of the region.
Gold Prices Look Oversold but the Short-Term Outlook Remains Uncertain
The precious metal remains under downside pressure, despite flashing an oversold technical signal, as the latest look at US price pressures near.
EUR/USD Remains Vulnerable Ahead of Key Data Releases
EUR/USD failed to capitalize on upgraded growth forecasts by the European commission.
US Bond Yields Rally Further Ahead of a Major US Inflation Report
Yields on a range of US Treasuries are back to multi-week highs ahead of Tuesday’s US inflation report, testing the market’s risk appetite.
GBP/USD Price Forecast: Calm Before the Storm for Pound
The GBP/USD price is showing signs of suspicion as markets keenly anticipate UK employment and US CPI tomorrow.
EURO STOXX 50 Technical Outlook: Rally to Stall?
Breadth market indicators and technical charts suggest that the Euro Stoxx 50 index could have some more upside, albeit after a brief pause. What are the key levels to watch?
Crude Oil Dips as US Dollar Finds Firmer Footing Ahead of CPI. Where to for WTI?
The crude oil price slipped to open the week as the US Dollar eked out modest gains across the board on firming Treasury yields with market focus turning toward US…
Gold and Silver Technical Outlook: Have Precious Metals Turned Bearish?
Precious metals may have retreated most recently, but technical charts suggest it may be too soon to conclude that the three-month-long uptrend is over. What are the catalysts to watch?
Australian Dollar and the RBA: Dirty Deeds Don’t Come Cheap
The Australian Dollar appears vulnerable on Monday ahead of the RBA Governor’s questioning by Federal politicians as the consequences of loose policy cause friction. Lower AUD/USD?
Natural Gas Price Outlook: Downside Momentum Slows as 7-Week Losing Streak Ends
Natural gas prices ended a 7-week losing streak after prices rose 4.32%. The daily chart is showing increasing signs that downside momentum is fading. Is a reversal around the corner?