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Markets Week Ahead: Gold Soars, Rate Cuts Near, Nasdaq and Nvidia Wobble

Posted by By 10/03/2024Posted inForex
Interest rates in the EU and the US look set to be cut in June, Nasdaq slides on Nvidia sell-off, Gold continues to print fresh highs.
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US Dollar Forecast: US CPI to Spark Next Big Move – EUR/USD, USD/JPY, GBP/USD

Posted by By 10/03/2024Posted inForex
February's U.S. inflation data is poised to ignite heightened market volatility in the upcoming week, playing a pivotal in shaping the near-term outlook for the U.S. dollar.
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Euro Weekly Forecast: Gains Look Vulnerable in Week of Modest Data

Posted by By 09/03/2024Posted inForex
This article explores euro’s fundamental and technical outlook, examining pivotal factors that may influence price movements in the upcoming week.
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USD/JPY Sinks on Bets BoJ Will End Negative Rates Soon, US Inflation in Focus

Posted by By 08/03/2024Posted inForex
USD/JPY extends losses on speculation that the Bank of Japan may be warming up to the idea of ending negative rates during its March monetary policy meeting.
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NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Feb 27, 2024 18:00 GMT when NZD/USD traded near 0.62.

Posted by By 08/03/2024Posted inForex
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias.
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US Dollar Falls Further After US NFP Beat But January Number Revised Sharply Lower

Posted by By 08/03/2024Posted inForex
The latest US Jobs Report (NFPs) beat market expectations – 275k vs. 200k forecast – but the blowout January number of 353k was revised sharply lower to 229k.
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Ethereum (ETH) Price Chart Looks Primed for Further Gains in the Coming Weeks

Posted by By 08/03/2024Posted inForex
Ethereum is bubbling under the $4k level after a sustained rally since late-January. The medium-term outlook remains positive but care needs to be taken in the short-term.
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FTSE 100, S&P 500 and Nasdaq 100 Benefit from Rate Cut Expectations

Posted by By 08/03/2024Posted inForex
​​Outlook on FTSE 100, S&P 500 and Nasdaq 100 ahead of US Non-Farm Payrolls
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US Dollar Remains Weak, Gold and Bitcoin Eye Fresh Highs as US NFPs Near

Posted by By 08/03/2024Posted inForex
Fed Chair Powell pushed the US dollar lower yesterday after indicating that rate cuts are on the horizon, a similar view to ECB President Lagarde earlier in the day.
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US Jobs Report to Guide US Dollar’s Outlook; EUR/USD, USD/JPY, GBP/USD Setups

Posted by By 08/03/2024Posted inForex
The February's U.S. jobs report is poised to inject a considerable amount of volatility into financial markets and may play a pivotal role in shaping the near-term trajectory of the…
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