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Markets Week Ahead: Dow Jones, US Dollar, EUR/USD, USD/CAD, AUD/USD, Gold, ECB, BOC, RBA

Posted by By 04/09/2022Posted inForex
Global equity markets tumbled last week, sending risk assets and gold prices lower. Central bank event risks fill the docket for the week, offering traders volatility.
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S&P 500, Nasdaq 100 Forecast for Week Ahead: Path Higher Difficult but Possible

Posted by By 04/09/2022Posted inForex
The S&P 500 and Nasdaq 100 may find some support in the fact that the US economy remains resilient and that inflationary pressures are beginning to ease more quickly than…
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US Dollar Technical Forecast: USD Rips Towards Uptrend Resistance

Posted by By 04/09/2022Posted inForex
The US Dollar rallied 0.7% for a third weekly advance with DXY approaching uptrend resistance early in the month. The levels that matter on the weekly technical chart.
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USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision

Posted by By 04/09/2022Posted inForex
The Bank of Canada (BoC) interest rate decision may keep USD/CAD afloat as the central bank is expected to adjust its approach in combating inflation.
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Japanese Technical Outlook: USD/JPY, EUR/JPY, AUD/JPY, CAD/JPY Prepare for More Gains?

Posted by By 04/09/2022Posted inForex
The Japanese Yen is under pressure with pairs like USD/JPY, EUR/JPY, AUD/JPY and CAD/JPY either pushing past or pressuring resistance. Is more pain in store for the Yen ahead?
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Euro ( EUR) Forecast – The ECB Needs to Ramp Up Interest Rates and Fast

Posted by By 04/09/2022Posted inForex
The European Central Bank needs to hike interest rates by 75 basis points at next week's meeting and confirm that it will continue to tighten monetary policy to throttle back…
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Pound Weekly Forecast: Cable Eyes Pandemic Low, EURGBP at Resistance

Posted by By 03/09/2022Posted inForex
Pound selling has only gained momentum and looks to continue into next week. Cable slumps towards levels not seen in 37 years while EUR/GBP flatters a beleaguered euro.
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Gold Prices Set to Move Higher in the Week Ahead After NFP Data Cools FOMC Bets

Posted by By 03/09/2022Posted inForex
Gold prices fell last week but managed to trim losses on Friday after the US jobs report cooled FOMC rate hike bets, pushing Treasury yields lower. A light economic docket…
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The Impact of US Midterm Elections on the Federal Reserve and the US Dollar

Posted by By 03/09/2022Posted inForex
The prospect of gridlock returning to Washington, D.C. has profound implications for the Federal Reserve and the US Dollar.
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USD Weekly Forecast: Solid Jobs Report Supportive of U.S. Dollar and 75bps Rate Hike

Posted by By 03/09/2022Posted inForex
USD enters the week on a firm footing as the US Dollar Index (DXY) anticipates the ECB interest decision on Thursday.
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