AUD/USD Eyes Chinese Trade Balance as Zero-Covid Strategy Continues
China's trade balance for April is due out this week and may set the tone for today's Asia-Pacific trading session. Later in the week, traders will have their eyes on…
Markets Week Ahead: Dow Jones, US Dollar, Gold, Euro, Fed, CPI, China
Inflation is in focus this week, with the United States and China set to report CPI data. Central bank rate hike bets are being monitored after last week's wave of…
S&P 500 and FTSE 100 Forecasts for the Week Ahead
Equities crushed as bear market rallies are faded. Stagflation fears weigh on FTSE 100.
US Dollar Technical Forecast: DXY Rallies for Week Five- USD Levels
US Dollar surged for a fifth consecutive week with USD still risking topside exhaustion uptrend resistance. The technical levels that matter on the DXY weekly chart.
Crude Oil Rises as Talks Around Russian Oil Embargo Trumps Dollar Rally
Brent crude extends its rally breaking through a key technical pattern, now looking to push higher, while the ban on Russian oil by the EU bolsters bullish bets.
Euro Weekly Fundamental Forecast: ‘Sell the Rally’ Mentality Still Valid?
The euro continues to lag major central banks as far as rate hikes are concerned, leaving it vulnerable over the medium term despite warnings from ECB officials
British Pound Technical Forecast: GBP/USD, GBP/JPY, EUR/GBP
It was a brutal week for the British Pound as the Bank of England warned of the possibility of a sharp economic downturn while warning that inflation could climb above…
Gold Price Rebound Vulnerable to Slowdown in US Consumer Prices
The update to the US Consumer Price Index (CPI) may rattle the recent rebound in the price of gold as inflation is expected to slow for the first time since…
Canadian Dollar Outlook: USD/CAD’s Path Higher at Risk as Key Resistance Looms
USD/CAD has rallied in recent weeks, buoyed by risk-off sentiment and hawkish Fed expectations, but its advance could be at risk as a key technical resistance could block its path…
US Dollar Forecast: Focus Now Shifts to CPI Data and a Slew of Fedspeak Ahead
The US Dollar may remain on the offensive with Fed balance sheet tightening just around the corner. Ahead, all eyes are on US CPI and a slew of Fedspeak amid…