FX Week Ahead – Top 5 Events: Eurozone Economic Sentiment; UK GDP; US Inflation Rate; BOC Rate Decision; Australia Jobs Report
The turn into the middle of July promises a global smattering of key data releases.
Crude Oil Price Forecast: Back into the Symmetrical Triangle – What’s Next?
Crude oil prices are hanging on by a thread.
EUR/USD Slumps and Flirts with Parity on EU Energy Crisis; US Inflation Data Eyed
EUR/USD sinks to its lowest level in nearly two decades and flirts with exchange rate parity on fears that Russia may indefinitely cut off some energy supplies to the European…
S&P 500 Under Pressure as Evening Star Formation Starts to Build
S&P 500 futures started the week on the back foot as technical formations hint more pain could be ahead.
Monthly Forex Seasonality – July 2022: Good News for US Stocks, Commodity Currencies
The seventh month of the year is usually good for risk appetite – both in commodities and equities.
Gold Price Forecast: Gold Breaks Down to Key Support – CPI on Deck
Gold prices have slid to 10-month lows and this week brings CPI out of the United States. Can sellers force another break to the $1680 level?
USD/CAD Technical Outlook: Continues to Build its Bullish Case
USD/CAD continues to strengthen its case for higher levels soon; scenarios and levels to watch in the days ahead.
EUR/USD Update: Nord Stream Goes Offline, EURUSD Attempts Parity
Today marks the first day of Nord Stream’s routine maintenance, sparking fears that normal gas flows may not return. EUR/USD reloads for next drop towards parity.
British Pound Q3 2022 Forecast: The Bank of England – It’s Time to Decide
The second quarter of the year has been a tricky three months for the Bank of England (BoE) as inflation continued to soar - and is expected to rise further…
AUD/USD Forecast: Aussie Unphased by Strong Chinese Credit Data
AUD/USD extends losses despite Chinese credit data while global markets are gripped by recessionary fears ahead of U.S. CPI.