Stocks Sanguine as Bonds, FX Price-in Panic – Webinar
It’s a peculiar environment to see once-in-a-decade moves in FX or bonds as stocks just sit on support. One side is probably wrong…
Oil Prices Rise After Support Rejection, Strong USD & Growth Risks May Cap Gains
Oil prices gain after bouncing off a key support area, but the outlook remains slightly bearish in the short term, especially after the invalidation of key technical levels.
Gold Price Forecast: Gold Gives Up Major Level- What’s Next?
Gold plunged through key technical support with a third weekly decline plummeting to fresh multi-year lows. Levels that matter on the weekly technical chart.
EURUSD Lacks Direction as Major Support Continues to Hold
EURUSD sits perched right above key psychological support as the US Dollar takes a brief breather.
US Dollar Trims Losses Following Better-than-Expected US Consumer Confidence Data
U.S. consumer confidence extended its recovery for the second consecutive month in September, rising to 108.00, a sign that Americans are becoming a bit more optimistic about the future.
S&P 500, Dow Jones, Nasdaq 100 Outlook: Bounce May Unfold, but Be Short-lived
Stocks may bounce here in the near-term, but until we see new lows in the S&P and some capitulation selling a low is seen as difficult to sustain.
EM Snapshot: Lira Sinks to New Low but MXN and BRL Outperform USD
Emerging market currencies reveal mixed performances. The Lira and ZAR surrendered more ground to the dollar while the Brazilian Real and Mexican Peso lead USD
USD/JPY Forecast: Yen Weakness Likely as Fed Plays Tough on Inflation
BoJ intervention is unlikely to spur further Yen strength, as the Fed remains determined to rein in inflation.
British Pound Latest: GBP/USD Rebound is Not a Sign of Sterling Strength
The pull-back in GBP/USD from its multi-decade low looks weak and further selling pressure is likely as the BoE sidesteps an inter-meeting rate hike.
Euro Price Forecast: EUR/USD Looks to Test 20-Year Lows, Central Bank Speakers in Focus
EUR/USD looks higher ahead of central bank speakers and U.S. economic data.