Gold Price Forecast: Buoyed by Volatility Ahead of Fed – Levels for XAU/USD
Gold prices remain elevated as volatility across a variety of asset classes sustains its push higher.
EUR/USD Technical Analysis: Euro Test Sub-1.1300, Major Support Below
EUR/USD is testing support but a major zone of long-term importance sits underneath price action, at the current two-month-lows.
IMF Cuts U.S. Growth for 2022 in WEO Forecasts
IMF reports global growth downgraded to 4.4%, U.S. downgraded to 4.0% because of rising COVID-19 cases, supply chain distruptions and inflation affecting recovery.
Dow Jones, S&P 500, Nasdaq 100 Forecast: Bounce Then Sell Set-up
The market had a wicked reversal yesterday, but it may prove only the beginning of relatively short-lived recovery before more selling.
FX Pairs to consider in the Wake of Geopolitical Tensions, Stock Market Jitters
As we head into the rate hiking season, equity markets have shown signs of abnormality. High Beta, risky currencies may therefore be in for shock if tensions escalate
Gold (XAU/USD) Buffeted by Fed Rate Hike Risk and Russia/Ukraine War Fears
Gold remains in the clutches of both higher US interest rates and heightened fears that Russia may invade Ukraine.
S&P 500 Forecast: Rare Reversal Price Action in US Markets, Traders Switch to Sell the Rip
Traders Flip From Buy the Dip to Sell the Rip
Euro Holds Up vs. US Dollar Despite Market Mayhem Before Fed Meeting
The Euro curiously managed to hold up even as some major currencies sank against the US Dollar while brutal selling gripped global stock markets.
US Dollar Forecast: Emerging Market FX Resilient. Eyes on Fed, PCE and China PMI
The US Dollar has been weakening against ASEAN currencies, why? The Federal Reserve, PCE data, China manufacturing PMI and Philippine GDP data are due.
Gold Prices Eye 5-Year Treasury Auction as FOMC, PCE Approach
Gold prices rose overnight amid volatile market conditions. A 2-year note Treasury auction saw strong demand, which helped gold rise as short-term yields fell. The 5-year auction tonight may allow…