Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) Slump – Cryptocurrency Market Hammered
The cryptocurrency market fell sharply over the weekend with most of the main coins showing heavy double-digit losses.
DAX 30 Bounces Off All-Time High, EUR/USD Increases Bearish Momentum
The US Dollar bounces back as yields pick up, despite global equities pushing higher
British Pound at Risk as Downing Street Weighs Tighter Restrictions
The British Pound may come under pressure in the near term as UK lawmakers consider tightening coronavirus restrictions further amid a relentless surge in local infections.
Gold, Silver Price Outlook: Rising Yields and USD Exert Downward Pressure
Gold and silver prices plummeted in response to rising longer-dated US Treasury yields and a rebound in the US Dollar. Fresh stimulus plans from President-elect Joe Biden may help to…
US Dollar Price Outlook: Emerging Market Currencies Face Rising Treasury Yields
The US Dollar may pause weakness against ASEAN currencies as Treasury yields help offset the impact of a rally in Emerging Market stocks amid fiscal stimulus bets from the United…
Euro Price Action Setups: EUR/GBP, EUR/JPY, EUR/USD Key Levels
The Euro could be at risk of further losses against the US Dollar after breaking key uptrend support. However, EUR may continue to gain ground against GBP and JPY.
S&P 500, ASX 200 Weekly Outlook: Rising Treasury Yields Flag Risk Ahead
The ASX 200 index opened lower alongside US equity index futures. Rising US Treasury yields led the US Dollar to strengthen, which may weigh on risk assets, EM currencies and…
US Dollar Up as Wage Inflation, Biden Stimulus Pledge Drive Fed Outlook
The US Dollar is on the upswing as rising wage inflation and the promise of fiscal stimulus expansion by President-elect Biden cool Fed easing bets and drive up yields.
Markets Week Ahead: Nasdaq 100, Russell 2000, Gold, USD, Stimulus, Treasury Yields
The Nasdaq 100 and Russell 2000 started 2021 on a high note with longer-dated Treasury yields as gold tumbled. The US Dollar and crude oil found some support on rising…
Weekly US Dollar Fundamental Forecast: Down, But Not Out
The DXY Index may be turning the corner as the stretch of bad US economic data nears exhaustion.