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US Dollar Down but Not Out. Where to for USD/SGD, USD/THB, USD/PHP, USD/IDR?

Posted by By 23/05/2022Posted inForex
Even though the US Dollar weakened against most ASEAN currencies this past week, broader uptrends still remain in USD/SGD, USD/THB, USD/PHP and USD/IDR. Where to from here?
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Australian Dollar Lifted in Risk On Environment Post Election as Labor Win Office

Posted by By 23/05/2022Posted inForex
The Australian Dollar is higher along with other risk assets as the national election has seen a change of government for the first time in nine years. What lies ahead…
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Weekly Fundamental Euro Forecast: Shifting ECB Hike Odds Prove Supportive

Posted by By 22/05/2022Posted inForex
The ECB has come to terms with the fact that it will need to raise interest rates this summer.
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Markets Week Ahead: S&P 500, US Dollar, Gold, FOMC Minutes, New Zealand Dollar, RBNZ

Posted by By 22/05/2022Posted inForex
The worst losing streak for the S&P 500 since 2001 will continue to keep traders on their toes. US data could underscore a hawkish Fed, bolstering the US Dollar at…
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S&P 500 Forecast for the Week Ahead: Bear Market Beckons as Recession Fears Rise

Posted by By 22/05/2022Posted inForex
The S&P 500 could remain biased to the downside in the coming days on overly bearish sentiment. The April US PCE report could be the next big catalyst for stocks.
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US Dollar Technical Forecast: DXY Snaps Six-Week Streak- USD Levels

Posted by By 22/05/2022Posted inForex
US Dollar snapped a six-week rally into resistance and threatens a deeper pullback within the broader uptrend. The technical levels that matter on the DXY weekly chart.
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Gold Price Rebound May Fail as Top Central Bankers Sound Off

Posted by By 22/05/2022Posted inForex
Gold prices managed to rise last week – snapping a month-long losing streak – but hawkish guidance from the world’s top central bankers may put the yellow metal back on…
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USDCAD Outlook Choppy but Loonie Crosses Face Reversal Risk

Posted by By 21/05/2022Posted inForex
The Canadian Dollar is backed by one of the most aggressive central bank rate forecasts amongst the majors while growth forecasts are holding up pretty well. Despite that, the currency…
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US Dollar Outlook: Recession Woes Take Their Toll, but USD May Prevail Anyway

Posted by By 21/05/2022Posted inForex
The US Dollar lost its footing last week as markets grew more concerned about a recession. FOMC minutes and the Fed's preferred inflation gauge could offer the USD some life…
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S&P 500 a Whisker Away from Technical Bear Market, Nasdaq Lower

Posted by By 21/05/2022Posted inForex
The S&P 500 has been flirting with the 20% decline from the January high while the Nasdaq weekly chart appears oversold, suggesting a slow-down in the sell-off next week
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