Swiss Franc Price Forecast: Parity on the Cards for USD/CHF Ahead of SNB Rates Decision
The Swiss Franc's rapid decline of late may be in for further weakness ahead of the SNB and Fed rate decisions respectively, while USD/CHF looks to test 1.00.
US Dollar Forecast: Bullish Bias Intact ahead of FOMC, Hawkish Guidance to Boost DXY
The U.S. dollar is likely to rise next week if the Fed signals at its June meeting that it will have to raise rates more aggressively in response to broadening…
S&P 500, Nasdaq 100, Dow Jones Forecast for the Week Ahead
The big bear has returned to U.S. equities and next week's inflation report brings yet another series of risks to the S&P 500, Nasdaq 100 and Dow Jones Industrial Average.
Bitcoin fails to recover as elevated inflation weighs on sentiment
Bitcoin prices suffered after US CPI rose to a four-decade high. With fundamentals currently driving price action, the economic calendar remains key for digital assets.
Australian Dollar Outlook: US Dollar is the Dominator for Now
The Australian Dollar has a very healthy economy behind it and the longer the currency stays undervalued, the stronger it gets. Will AUD/USD get a grip?
Gold Price Technical Forecast: Hot Inflation Sparks Gold Reversal
Gold prices marked an outside-weekly reversal off key support this week as the bulls defend the uptrend yet again. Levels that matter on the XAU/USD weekly chart.
Pound Fundamental Forecast: UK GDP, Jobs Data and BoE Decision Next Week
The pound continues to suffer from fundamental challenges like the cost-of-living squeeze, despite a strong labor market, ahead of tricky BoE decision
FTSE 100 IG Client Sentiment: Our data shows traders are now net-long FTSE 100 for the first time since May 20, 2022 when FTSE 100 traded near 7,396.30.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.
S&P 500, Nasdaq: The Bears are Back – USD Spikes, EUR/USD Slides
It's been a busy 24 hours across global markets and the big driver remains on the horizon for next Wednesday with the FOMC.
US Inflation at 8.6% in May, Blows Past Estimates and Hits Highest Level Since 1981
May U.S. CPI rose 1% on a seasonally adjusted basis and 8.6% over the last 12 months, a sign that the Fed has a long way to go to tame…