Sterling has risen as resilient inflation puts rate-cuts in doubt. Note, however, that the Bank of England is not alone in this dilemma
Kategorie-Archiv: Forecasts
US Dollar Forecast: PCE Inflation Data Holds Key as EUR/USD, USD/JPY Await Catalyst
The US dollar may prove resilient ahead of the crucial PCE inflation data, while EUR/USD seeks catalysts and USD/JPY maintains its uptrend. Traders eye German and EU inflation figures for guidance
British Pound Weekly Forecast: Lack of Local Cues Could See a Drift Lower
Sterling has largely ignored the announcement of a UK election, with the economic fundamentals still very much in charge
Gold, Silver Weekly Forecast: Gold Bid on Dollar Drop, ‘Silver Squeeze’ Returns
Precious metals are looking positive after softer CPI data shifted the focus to Fed rate cuts and silver surged on what appears to be a return of ‘meme stock’ mania
British Pound Weekly Forecast: Will Inflation Data Bring Sterling Down to Earth?
GBP/USD has gained on Dollar weakness and doubts that the Bank of England will cut rates soon
Euro Weekly Forecast: Lower Volume Ahead Likely to Snub the Euro
The week ahead is notable for its lack of ‘high impact’ economic data and events. With this being the case, lower ensuing volatility tends to favour higher yielding currencies
Gold Breaks Higher, Silver Rallies and Continues its Multi-Month Outperformance
After a period of consolidation, both gold and silver broke higher Thursday after weekly US jobless claims showed the labor market weakening
Euro Weekly Forecast: Euro Holds up but US Data May Change the Outlook
The euro has avoided a sell-off, mainly due to the weakness of its peers. Next week the single currency will be tested after the highly anticipated US CPI data is released
British Pound Weekly Forecast: Caught Between Stronger Growth, Dovish BoE
News that recession was short and shallow will have pleased the bulls, but the Bank of England looks ready to cut rates next month if the data let it
Euro Weekly Forecast: EUR/USD Gains May be Limited, EUR/GBP Eyes BoE Decision
The US dollar turned sharply lower after the recent, weaker-than-expected US Jobs Report, boosting EUR/USD back above 1.0800. A lack of meaningful EU data next week will leave the Euro exposed.