US Dollar Vulnerable to Less Hawkish FOMC Minutes
The Federal Open Market Committee (FOMC) Minutes may drag on the US Dollar should the central bank show a greater willingness to implement smaller rate hikes.
S&P 500, Nasdaq 100, Dow Jones Forecast for the Week Ahead
Stocks continue to hold a bid, but that may soon change; big levels could be met in the days ahead.
Australian Dollar Outlook Driven by US Dollar
The Australian Dollar finished higher last week after US inflation data excited markets and sent the US Dollar lower, lifting AUD/USD. Will the US Dollar dominate AUD/USD?
Gold Price Technical Forecast: Gold, Silver at Resistance- Decision Time
Gold surged more than 7.5% off the yearly lows with a four-week rally now approaching major trend resistance. The levels that matter on the weekly technical chart.
British Pound (GBP) Forecast – UK Inflation May Hit Double-Figures
The British Pound is in for a rough ride next week with the latest employment, wages, retail sales, and inflation data all set for release
S&P 500, Nasdaq, Dow Jones Technical Forecast for the Week Ahead
Stocks are poised for a fourth consecutive weekly rally with the indices now eyeing key technical resistance. Levels that matter on S&P 500, Nasdaq & Dow weekly charts.
EUR/USD Technical Analysis: At Resistance, Parity Retest Could Come Next
The EUR/USD is coming off resistance, and it would seem that we will at least see a retest of parity at some point relatively soon, if not worse.
EUR/GBP IG Client Sentiment: Our data shows traders are now net-short EUR/GBP for the first time since Jul 01, 2022 when EUR/GBP traded near 0.86.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bullish contrarian trading bias.
DAX 40 in Need of a Catalyst to Clear Key 14000 Level
The index is enjoying another bullish session and week, yet it needs a catalyst to clear the key 14000 level.