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Gold Prices Under Pressure as Traders Eye Fedspeak Ahead of FOMC Blackout

Posted by By 07/09/2022Posted inForex
Gold prices are moving lower as the US Dollar and Treasury yields rise amid firm Fed rate hike bets. Traders have commentary from Fed Chair Powell and Vice Chair Brainard…
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Australian Dollar Eyes a 2-Year Low Despite Good GDP Figures as US Dollar Rallies

Posted by By 07/09/2022Posted inForex
The Australian Dollar dipped in the aftermath of domestic GDP data illustrating a healthy economic environment and justifies the RBA's move yesterday. Where to for AUD/USD?
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Crude Oil to Stage Near-Term Rebound on Failure to Test August Low

Posted by By 07/09/2022Posted inForex
Failure to test the August low ($85.73) may foster a near-term rebound in the price of crude oil as it snaps series of lower highs and lows from last week.
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Canadian Dollar May Weaken Alongside Crude Oil Prices Based on Retail Trader Positioning

Posted by By 07/09/2022Posted inForex
The Canadian Dollar may weaken alongside crude oil prices based on how retail traders have been positioning themselves in these assets. What are key technical levels to watch ahead?
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US Dollar Surge Threatens APAC Trading as China Lockdowns Weigh on Risk Assets

Posted by By 06/09/2022Posted inForex
The US Dollar surged after US economic data bolstered rate hike bets, sending stocks lower and Treasury yields higher. Traders have Australian GDP data and China's trade balance in focus.
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AUD/USD Rate Eyes Yearly Low Ahead of Australia GDP Report

Posted by By 06/09/2022Posted inForex
AUD/USD may attempt to test the yearly low (0.6681) as the exchange rate reverses ahead of the monthly high (0.6855).
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S&P 500, Nasdaq, Dow Grind into Key Support

Posted by By 06/09/2022Posted inForex
US Indices struggled to overcome losses as better-than-expected economic data suggests a green light for Fed hawkishness
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Gold Price Forecast: Bears Remain in Control – Levels for XAU/USD

Posted by By 06/09/2022Posted inForex
Gold prices are dealing with familiar foes: rising US real yields and a resurgent US Dollar.
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Growth Versus Value Stocks: How Interest Rates Affect Valuations

Posted by By 06/09/2022Posted inForex
Growth and value stocks have different sensitivity to monetary policy, but growth companies tend to underperform when interest rates rise due to their long duration cash flows.
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Euro Forecast: EUR/USD Balance of Risks Tilt Lower as King US Dollar Reigns Supreme

Posted by By 06/09/2022Posted inForex
EUR/USD falls to fresh multi-year lows on Tuesday, dragged down by broad-based U.S. dollar strength and fears that the Eurozone energy crisis could trigger a major recession in the region.
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