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Dow Jones, Hang Seng, ASX 200 Outlook: NFP Miss Buoys Stocks and Bullion

Posted by By 07/06/2021Posted inForex
Wall Street stocks rebounded as a slight miss in nonfarm payrolls data alleviated Fed tapering fears. Falling yields and a weaker US Dollar boosted gold and crude oil prices. APAC…
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Australian Dollar Analysis: AUD/USD to Rise on Chinese Trade Data?

Posted by By 06/06/2021Posted inForex
The commodity-linked Australian Dollar may look to run higher if Chinese trade data impresses after Australia's Ai Group Services Index posted an expansion for May.
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Markets Week Ahead: Dow Jones, Gold, Canadian Dollar, BoC, Euro, ECB, US CPI

Posted by By 06/06/2021Posted inForex
The Dow Jones ended on an upbeat as the US Dollar and Treasury yields weakened. Ahead, the Canadian Dollar and Euro are eyeing the BoC and ECB respectively. Will gold…
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Weekly Technical US Dollar Forecast: Rally Fizzling, Bears Retaking Control

Posted by By 06/06/2021Posted inForex
The US Dollar (via the DXY Index) saw all of its weekly gains evaporate following the May US nonfarm payrolls report as US Treasury yields receded.
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Nasdaq 100 Forecast: Is the Market Prepared for Fed Tapering Stimulus?

Posted by By 06/06/2021Posted inForex
The Nasdaq 100 index limped into the weekend in a sour mood, as robust jobs reports reignited fears about Fed tapering stimulus. The tech sector may be under further pressure…
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Euro Forecast: EUR/USD Price Outlook Stable, ECB Tapering on Back Burner

Posted by By 06/06/2021Posted inForex
For Euro traders the week ahead will be dominated by the ECB meeting that ends Thursday but any hopes for clarity on when the Eurozone central bank will start tightening…
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British Pound Technical Forecast: GBP/USD, GBP/JPY, EUR/GBP

Posted by By 06/06/2021Posted inForex
GBP/USD set a fresh three-year-high but promptly pulled back to continue in the range that's been in-play over the past few weeks.
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Gold Price Outlook: XAU/USD at Risk to US CPI Beat Before June Fed Rate Decision

Posted by By 05/06/2021Posted inForex
Gold prices were slightly scarred this past week, leaving XAU/USD at risk to a beat in US inflation data next. However, follow-through may have to wait until the Fed rate…
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US Dollar Outlook: USD Eyes US CPI, Contrarian Indicator Signaling a Bottom?

Posted by By 05/06/2021Posted inForex
USD awaits US CPI and ECB, while rise in demise of dollar reporting may prompt contrarian signal.
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Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead

Posted by By 05/06/2021Posted inForex
U.S. stocks appear poised to trade higher, but should weakness set in there is substantial support below.
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