Australian Dollar Forecast: AUD/USD Eyes Q2 Economic Data to Start APAC Trading
AUD/USD may move on Australian Q2 economic data due out this morning as APAC trading kicks off.
Sterling Tech Forecast: GBP/USD Jumps During Powell Speech
Brief dollar drop sent GBP/USD higher but the pair looks set to continue its sideways grind into the coming week
Markets Week Ahead: Dow Jones, US Dollar, Australian Dollar, Crude Oil, OPEC+, NFPs
The Dow Jones, S&P 500 and Nasdaq Composite soared amid the Fed's Jackson Hole Symposium. The US Dollar tanked as the Australian Dollar, crude oil and gold prices outperformed. All…
Nasdaq 100 Hits Record High as Powell Signals Tapering by Year End
Tech stocks extended higher into the record territory even though Fed Chair Jerome Powell prepared the markets for the Fed tapering. Interest rate hikes are likely to be far away,…
US Dollar Technical Outlook: USD Plunges on Powell- DXY Support in View
US Dollar plunged more than 0.8% after reversing from key resistance this week- risk for a deeper USD correction? The levels that matter on the DXY weekly chart.
Mexican Peso Forecast: Powell Paves the Way for USD/MXN Weakness in the Near Term
The Fed's dovish taper tone at the Jackson Hole Symposium is likely to depress US treasury rates and weigh on USD/MXN in the near term as traders seek to exploit…
Australian Dollar Technical Forecast: Downtrend Getting Tested
The AUD/USD chart is still trending lower but that is being put to the test; levels and lines to watch in the days ahead...
EUR/USD Forecast: Euro Runs into Resistance, More Gains Ahead?
Powell inspired lift for EUR/USD, eyes on key US data.
Gold Forecast: XAU Traders Eye NFPs After Jackson Hole, Kabul Attack
Gold rose into the weekend after Fed Chair Powell offered no clear signal on tapering. XAU traders are shifting focus to next week's non-farm payrolls print as geopolitical risks linger.
Canadian Dollar Price Forecast: USD/CAD Tests Critical Support – Key Loonie Levels in Play
Canadian Dollar strengthens, buoyed by rising Oil prices and a weaker US Dollar