DAX, FTSE 100 Forecast: Key Levels to Watch
A more sanguine tone across the equity space as European bourses look to claw back yesterday’s hefty losses.
Gold Price Forecast: XAU/USD Sustained by Real Yields and Safe-Haven Demand
Spot gold continues its hesitant price action with support and opposing factors largely offsetting one another, while all eyes shift to next week’s US CPI data.
USDJPY Outlook – Consolidating Before a Re-test of The 2015 High?
The confirmation of the Federal Reserve's hawkish monetary policy in Wednesday's FOMC minutes is likely to re-fuel USD/JPY for another push higher.
Euro vs. Norwegian Krone Trade Eyed for Ukraine War Aftermath: Top Trade Opportunities
The Norwegian Krone tends to rise against the Euro when crude oil prices are on the upswing.
Crude Oil Slips on Fed Fallout as the West Talk Tough on Sanctions. Where to for WTI?
WTI crude oil prices steadied in Asia after coming under the pump in the US as markets take in in the Federal Reserve minutes. Will WTI recover?
Australian Dollar Steady on Soft Trade Data Amid RBA Fallout. Where to for AUD/USD?
The Australian Dollar has held its ground despite trade numbers missing estimates, as the RBA appears justified for a hawkish stance.
Nasdaq 100 Underperforms Dow Jones. ASX 200 at Risk to Hawkish RBA, China Lockdowns
The Nasdaq 100 underperformed the Dow Jones as Treasury yields continued rising on hawkish FOMC minutes. Ahead, Australia’s ASX 200 appears vulnerable to ongoing Chinese lockdowns.
Bitcoin Slides Ahead of APAC Trade as Australia’s Trade Balance Nears
Bitcoin fell versus the US Dollar overnight after the FOMC minutes and new Russian sanctions extended the market’s risk-off move. Australia’s February trade balance is in focus for APAC traders.
JPY Forecast Q2 2022: Will Inflation Surpass the Bank of Japan’s Target?
The anti-risk Japanese Yen put in a dismal performance during the first quarter of 2022, particularly as March wrapped up. A majors-based Japanese Yen Index that averages JPY against USD,…
Gold Price Holds Above 50-Day SMA Despite Rising US Yields
The rebound from the 50-Day SMA ($1903) may keep the price of gold afloat as the moving average continues to reflect a positive slope.