Gold Price Forecast: Bullish Technical Breakout Nears – Levels for XAU/USD
Falling US real yields and a weaker US Dollar are gilding the path higher for gold prices.
Has the US Dollar Reached a Near-term Top? – MKT Call: Macro
The Fed’s taper is set to end in June 2022, which is where rates markets are currently pegging the first rate hike. This may be a problem for the US…
USD/JPY Outlook: Bull Flag Pattern Unravels Following Four Day Decline
The bull flag formation carried over from last month may continue to unravel with USD/JPY on track to mark a four day decline for the first time since August.
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
Rate hike odds are normalizing for the BOE after the November meeting, while the market seems to be ignoring the ECB’s guidance.
Bitcoin (BTC/USD) & Ethereum (ETH/USD) Break ATH as Inflation Fears Rise
Bitcoin prices have retreated from the recent fresh ATH as the battle between inflation and employment persists.
Gold Price & Silver Technical Analysis: Nearing Big Levels
Precious metals are trying to make a go at the upside, but have major levels of varying degrees standing in their way.
USD/ZAR Outlook: Rand Testing Key Levels as Focus Shifts to MTBPS
The rand has been on an upward trajectory of recent but the forthcoming MTBPS speech by Finance Minister Enoch Godongwana has the potential to challenge USD/ZAR bears.
GBP/USD Price Outlook: Sterling Looks to Make up Lost Ground as Dollar Declines
The Pound looks to regain some strength against the dollar after last week’s massive Sterling sell-off due to overly-optimistic rates expectations
EUR/USD Outlook Stable Around 1.1600 For Now
EUR/USD price action is currently being directed by the greenback and this looks set to continue in the near term.
Gold Price Forecast: Gold Bulls Face Significant Hurdle, Brainard Bullish for Gold
Rising odds of Brainard as Fed Chair underpins the precious metal