The Euro eyes Eurozone GDP, inflation and PMI data next week. However, still-dovish ECB commentary from top officials may dampen the impact of better-than-expected outcomes on EUR/USD.
Kategorie-Archiv: Forecasts
US Dollar Forecast: Greenback Takes Aim at FOMC After Weak Retail Sales
The US Dollar finished off an eventful week after CPI and retail sales injected volatility into markets. FOMC is now in the Greenback’s sights as taper talks linger.
GBP/USD Weekly Forecast: GBP/USD Eyes Yearly Peak, EUR/GBP Holds Range
GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.
Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) – Sharp Bounceback After Another Elon Musk Tweet
Tesla boss Elon Musk is seemingly running the cryptocurrency market single-handed this week with his tweets prompting a massive sell-off before today’s sharp rally.
Markets Week Ahead: Gold, EUR/USD, S&P 500, FTSE 100, Inflation, Sentiment
Global markets were relatively calm this past week, but big ticket items like inflation, retail sales, and consumer sentiment data have potential to ignite volatility. Where is gold, EUR/USD, S&P 5…
Markets Week Ahead: Gold, EUR/USD, S&P 500, FTSE 100, Inflation, Sentiment
Global markets were relatively calm this past week, but big ticket items like inflation, retail sales, and consumer sentiment data have potential to ignite volatility. Where is gold, EUR/USD, S&P 5…
Euro Forecast: EUR/USD Price Outlook Still Positive, Reaching for 1.22
Last week ended well for EUR/USD, with Friday’s shockingly poor US jobs data giving it a lift, and this week could well see its advance extend if it can break conclusively above resistance at 1.2150.
Will Dow Jones Outperform Nasdaq 100 as Inflation Debates Heat Up?
Optimism about post-Covid recovery drove capital from tech and into cyclical sectors, boosting the Dow Jones and pulling down the Nasdaq 100. Inflation expectations hit a multi-year high. Will this…
Gold Price Forecast: Falling Real Rates, Inflation Concerns to Buoy XAU/USD
Falling real rates of return and rising inflation concerns may continue to drive bullion prices higher in the near term, as attention turns to April’s inflation and retail sales data.
US Dollar Weekly Outlook – US NFPs Massive Miss, Heavyweight Data Next Week Will Steer the US Dollar
The US dollar rattled lower after a huge downside miss in the latest Jobs Report, will look to a clutch of heavyweight data releases to shape its near-term direction.