Euro Forecast: ECB Hawks Out in Force, EUR/GBP Breakout Ahead of NFP
Euro sees modest recovery as ECB hawks come out in force. EUR/GBP breakout.
AUD/USD Price Forecast: Hawkish RBA Challenges Raging USD
The Australian dollar fought back after yesterdays USD surge with the RBA announcing its plan to normalize rates, while focus shifts to the NFP data release later today.
S&P 500, Nasdaq 100 Forecast – Stumbling on The Edge of a Cliff
Battered US stock markets are sitting on multi-month support levels which if broken could lead to further heavy losses.
GBP/USD, FTSE: Taking Stock of the Post-FOMC Relief Rally Reversal
Markets erased prior gains in the wake of the Wednesday’s Fed rate hike as sterling continues its dovish repricing and FTSE succumbs to global equity sell-off theme
Euro Leaps as British Pound Sinks and Rate Hikes Rattle Markets. Where to For EUR/GBP?
The Euro managed to avoid a rout as the US Dollar took flight on Fed hawkishness that pummelled Sterling. Will EUR/GBP continue to make new highs?
Gold Price Outlook Glued to Non-Farm Payrolls as US Dollar Gains After the Fed
Gold prices reversed intraday gains as the US Dollar climbed in the aftermath of this week’s Fed hike. XAU/USD is eyeing US non-farm payrolls for its next move before the…
USD/CAD Rate Outlook Mired by Failure to Test 2021 High
The opening range for May warns of a larger pullback in USD/CAD amid the failed attempt to test the 2021 high (1.2964).
Bitcoin Eyes 2022 Low After Breaking Key Fib Level Amid Risk-Off Move as NFP Nears
Bitcoin prices fell sharply moving into Friday's Asia-Pacific session amid a broader risk-off move. Risk assets look poised to continue dropping as traders eye the US jobs report due out…
Dow, S&P 500, Nasdaq 100 in Free-Fall as Traders Capitulate, NFP Eyed for Direction
U.S stocks erase the Fed-induced gains and suffer heavy losses on Thursday, dragged down by soaring yields and fears that mounting economic headwinds will damage the equity market.
Gold Price Recovery Materializes Ahead of US NFP Report
The price of gold may stage a larger advance over the coming days as it reverses course ahead of the 200-Day SMA ($1835).