Gold trades higher, seemingly impervious to the dollar’s strength and elevated US yields. Buoyed by safe haven appeal and central bank buying, XAU/USD uptrend persists
Kategorie-Archiv: Forecasts
British Pound Weekly Forecast: Lighter Data Week Could Mean Some Respite
The Pound is holding above 1.2400 but is under clear pressure and the bulls will have a fight on their hands to keep it above that psychologically important level this week.
Euro Weekly Forecast: Geopolitics and Heavyweight US Data Will Run EUR/USD Next Week
The European Central Bank has made it clear that interest rates are coming down, with the June meeting very much a live event, but the Middle East crisis and a slew of high US data will control EUR/USD next week.
US Dollar Weekly Forecast: USD to Remain Supported via Fed, ECB Policy Divergence
Strong growth, inflation and jobs data keeps US rates on hold, while disinflation and stagnant growth in the EU tees up a June rate cut. The likely policy divergence favours USD
British Pound Forecast – Will UK Data Help Stem the Latest GBP/USD Sell-Off?
UK jobs and inflation data released next week may give cable a reprieve after a resurgent US dollar sent GBP/USD tumbling to a multi-month low.
Gold Price Weekly Forecast – Fresh Record Highs on Heightened Israel/Iran Fears
Gold is pressing further into record high territory as escalating tensions between Israel and Iran continue to fuel the precious metal’s safe-haven bid
Euro Forecast: April ECB Meeting Likely to be a Prelude for a June Cut
The euro recovers ahead of the ECB meeting which is likely to point to June for that first rate cut. Encouraging sentiment data and soft inflation provide conflicting dynamics
British Pound Weekly Forecast: Lack of Data Will Leave USD in Charge
The British Pound heads into a new trading week under pressure against the United States Dollar as once-reliable monetary-policy support continues to ebb.
British Pound Q2 Fundamental Outlook- Will the Bank of England Join the Q2 Rate Cutting Club?
The Bank of England’s Monetary Policy Committee took a dovish turn at their latest policy meeting, sparking discussion that the UK central bank may bring forward its first interest rate cut
Gold Weekly Forecast: Gold Spike Reveals Overzealous Fed Reaction
Gold prices have been reigned in after the massive push to another new all-time high. However, recent price action and a stronger dollar suggest more cooling to come