Euro Weekly Outlook: EUR/USD at the Dollar’s Mercy, 1.05 Still Key
The euro was unable to hold above 1.05 after NFP data bolstered the USD ahead of a relatively quiet week.
Weekly Fundamental US Dollar Forecast: Worst Month Since 2010, Was it Overdone?
The US Dollar saw its worst month since September 2010 as the markets aggressively priced in a dovish Federal Reserve down the road. A tight US jobs report hints that…
S&P 500 and Nasdaq 100 Technical Outlook – Long-Term Downtrends Meet Short-Term Uptrends
US equity market rallies have taken an NFP-induced pause at the end of the week but still remain in positive territory for the week.
Australian Dollar Outlook: US Dollar Beat-up Boosts AUD/USD
The Australian Dollar stretched higher with the US Dollar copping a flogging following not hawkish enough comments from Fed Chief Powell. Will AUD/USD make a new peak?
British Pound (GBP) Outlook – GBP/USD Driven Higher by the US Dollar, Where Next?
Sterling is going to need to do some heavy lifting to keep GBP/USD moving higher, and next week’s economic calendar is of little help.
Keeping Up Dow Rally and Dollar Tumble Momentum May Be Difficult Next Week
Capital markets attempted to retake control this past week on a Fed-driven charge, but the effort fell apart before hitting critical moment. The Dollar’s slide on the other hand is…
Dollar Struggle Increasingly Threatens to Turn Into True Reversal: USDJPY, EURUSD, GBPUSD
The Dollar suffered a further stumble in its retreat over these past two months. For the DXY Index, we ended the longest stretch above the 200-day moving average on record;…
S&P 500, DAX 40 and ASX 200 Fundamental Forecast for the Week Ahead
Global indices made a bid to charge the holiday rally early this year with a US-led break higher this past week. Yet, follow through is starting flag even as we…
NFP Posts Yet Another Beat as US Job Market Proves Resilient, USD Rises
Early effects of tighter policy were revealed in the lower October CPI print are not at odds of a stubbornly resilient job market and signs of increasing wage growth inflation
EUR/USD Consolidates Above Psychological 1.0500 level. Further Gains in Store?
EUR/USD alternates between gains and losses as the NFP release approaches. Can the NFP data offer the dollar some support?