GBP/USD continues to trade in ranges as volatility dwindles.UK Data to play second fiddle to FOMC.
Kategorie-Archiv: Forecasts
Markets Week Ahead: Dow Jones, Gold, Canadian Dollar, BoC, Euro, ECB, US CPI
The Dow Jones ended on an upbeat as the US Dollar and Treasury yields weakened. Ahead, the Canadian Dollar and Euro are eyeing the BoC and ECB respectively. Will gold prices weaken on the US CPI re…
Weekly Technical US Dollar Forecast: Rally Fizzling, Bears Retaking Control
The US Dollar (via the DXY Index) saw all of its weekly gains evaporate following the May US nonfarm payrolls report as US Treasury yields receded.
Nasdaq 100 Forecast: Is the Market Prepared for Fed Tapering Stimulus?
The Nasdaq 100 index limped into the weekend in a sour mood, as robust jobs reports reignited fears about Fed tapering stimulus. The tech sector may be under further pressure if this narrative stre…
Gold Price Outlook: XAU/USD at Risk to US CPI Beat Before June Fed Rate Decision
Gold prices were slightly scarred this past week, leaving XAU/USD at risk to a beat in US inflation data next. However, follow-through may have to wait until the Fed rate decision.
Euro Forecast: EUR/USD Price Outlook Stable, ECB Tapering on Back Burner
For Euro traders the week ahead will be dominated by the ECB meeting that ends Thursday but any hopes for clarity on when the Eurozone central bank will start tightening monetary policy will likely…
US Dollar Outlook: USD Eyes US CPI, Contrarian Indicator Signaling a Bottom?
USD awaits US CPI and ECB, while rise in demise of dollar reporting may prompt contrarian signal.
Canadian Dollar Outlook Hinges on Bank of Canada (BoC) Rate Decision
The Bank of Canada (BoC) rate decision is likely to influence the near-term outlook for USD/CAD as the central bank starts to scale back its emergency measures.
Elon Musk and Bitcoin – The Biggest Break Up Since Kim and Kanye?
High-profile splits are commonplace these days, but are Elon Musk and Bitcoin really going their separate ways?
Mexican Peso Weekly Forecast: USD/MXN Sways on US Jobs Data, Focus on Mexican Election
USD/MXN drops back below 20 Pesos per Dollar ahead of the Mexican mid-term elections on Sunday.