USD/MXN breaks several resistance levels as the USD rally extends further
Kategorie-Archiv: Forecasts
Crude Oil Price Forecast: Bullish Scenario Remains Intact amid Strengthening Demand
Although the Fed hawkish bias has caused some reflationary position unwinding and anxiety about the outlook for commodities, the fundamental picture for oil has not changed and remains bullish.
Euro Forecast: Time to Turn Bearish on Long-Term EUR/USD Price Outlook
Last week’s updated Federal Reserve dot plot, suggesting two US interest rate increases in 2023, could be a game-changer for EUR/USD. Strategically, a long-term trend lower may have now begun.
Australian Dollar Outlook: Hard Fight Ahead Against FOMC-Charged US Dollar
The Australian Dollar sank against the US Dollar after the FOMC sent a hawkish policy signal. AUD/USD faces a new headwind in the form of a charged US Dollar.
Bitcoin (BTC): Short-Term Support Under Threat as Positive Sentiment Wanes
A short-term ascending channel is under threat after Bitcoin’s first attempt to break through a stubborn resistance zone failed
US Dollar Outlook: A hawkish Fed Pivot – Is the USD Rally Transitory?
USD soars following hawkish Fed, rally looking overextended however.
British Pound Outlook: GBP/USD Clears May Low Ahead of BoE
The Bank of England (BoE) interest rate decision may do little to sway GBP/USD as the central bank is widely expected to retain the current course for monetary policy.
Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead
The US indices await the June Fed meeting for clarity on economic projections, the state of inflation and the probable path of monetary policy. With much on the line, the event could revive volatil…
Markets Week Ahead: Nasdaq, Dow Jones, US Dollar, Fed, Gold, Crude Oil, Yen, BoJ
Traders rotated back into the Nasdaq Composite as it outperformed the Dow Jones. Inflation expectations and Treasury yields are falling ahead of the highly-anticipated Fed. Highlights next week inc…
Markets Week Ahead: Nasdaq, Dow Jones, US Dollar, Fed, Gold, Crude Oil, Yen, BoJ
Traders rotated back into the Nasdaq Composite as it outperformed the Dow Jones. Inflation expectations and Treasury yields are falling ahead of the highly-anticipated Fed. Highlights next week inc…