USD/ZAR Forecast: Local and International Factors Wilts Rand
The rand rally may be coming to a swift end as an aggressive Fed looks to reduce inflationary pressures, while ZAR frailty brings 15.7042 into consideration
Euro Adjusts to ECB Messaging Ahead of US CPI This Week. Will EUR/USD Hold Gains?
Euro strengthening has paused after comments from ECB's Chief Christine Lagarde that policy tightening will be gradual. Can EUR/USD break higher?
Crude Oil Prices Trade Steadily Above $90 on Demand Optimism, Tight Supply
WTI crude oil prices are hovering at 7-year highs as investors mull a strong US jobs report and tight market conditions. Geopolitical tensions at the Russia-Ukraine border further support oil…
Gold Price Forecast: XAU Shines Amid Volatility Despite Surging Yields – CPI in Focus
Gold prices are on the move higher, adding to last week's strength, amid volatility in the US equity market. That volatility may increase if this week's CPI print firms up…
Australia Dollar Technical Analysis: Is AUD/USD Momentum Building?
The Australian Dollar has bounced back from a short, sharp sell-off against the US Dollar. Where to for the Aussie?
Nasdaq 100 Declined as Fed Rate Hike Bets Intensified, APAC Stocks May Open Mixed
Wall Street stocks declined on Monday amid intensified bets on Fed interest rate hikes after a strong US jobs report. Oil prices climbed. Bitcoin gained on Tesla’s investment filing. Asia-Pacific…
Bitcoin Flags Risk-On Sentiment into Asia-Pacific Trading After Nasdaq Falls
Bitcoin moved to its highest level since early January overnight while Wall Street stocks fell into the New York closing bell. A light economic calendar today may leave prevailing risk…
New Zealand Dollar: NZD/USD Outlook Tied to February Opening Range
NZD/USD may stage a larger recovery over the coming days if the exchange rate manages to clear the opening range for February.
S&P 500 Retreats as Bullish Sentiment Fades Ahead of Key US Inflation Data
The S&P 500 bounced between gains and losses for most of the day, but selling pressure accelerated in late trading, pushing the index below the 4,500 level amid fading buying…
USD/JPY Post-NFP Rally Stalls Ahead of US Inflation Report
USD/JPY may consolidate ahead of the update to the Consumer Price Index (CPI) as the exchange rate tracks the January range.