US Dollar Technical Forecast: EUR/USD, GBP/USD, AUD/USD, USD/JPY
The US Dollar finally found some support after a two-week sell-off, but next week brings inflation data and the week after brings the Fed. Buckle up for a busy economic…
AUD/USD Clears May High to Test 50-Day SMA for First Time Since March
The break above the May high (0.7266) raises the scope for a further advance in AUD/USD as it tests the 50-Day SMA (0.7227) for the first time since March.
Gold Price Outlook: XAU/USD May Fall as Markets Pivot Back to Inflation Woes
Gold prices remain vulnerable after a solid US non-farm payrolls report underscored the Fed's confidence in the economic outlook. All eyes are on the next US inflation report.
Euro Technical Forecast: EUR/USD Averts Meltdown- But for How Long?
Euro surged more than 4.2% off the yearly lows against the Dollar with EUR/USD now eyeing technical downtrend resistance. The levels that matter on the weekly chart.
US Dollar Fundamental Forecast: USD May Rebound Despite Expected CPI Cooling
The US Dollar moderated following multi-week losses. Traders have US CPI data in focus, but a weaker-than-expected print is unlikely to cool Fed rate hike bets. That may keep the…
S&P 500, Nasdaq 100, Dow Jones Forecast for the Week Ahead
Stocks appear to still have some upside left in them in what is considered a bounce phase in a bear market.
Weekly Crude Oil Forecast: OPEC+ Supply, U.S. Dollar and Economic Data in Focus
Crude oil has managed to end the week on high leaving next week open to fundamental forces from both supply and demand-side factors and a resurgent USD.
Australian Dollar Primed to Move on RBA, Swinging Risk Appetite
The Australian Dollar looks primed for volatility. An expectant mood ahead of the upcoming RBA policy update may compound sensitivity to seesawing risk appetite trends.
Pound Fundamental Forecast: UK Gov Support Provides Room for BoE Hikes
The UK Government’s £15 billion support for lower income households bolsters the Bank of England’s rate hike path as it endeavors to reign in inflation
Gold Prices Fall as Yields Rise, S&P 500, Nasdaq 100 Pull Back After NFP
It was a positive NFP report but the item on everyone's mind is the FOMC rate decision, with the Fed moving into a 'blackout period' after this weekend.