The US Dollar is moving higher after a blowout NFP report bolstered confidence in the US economic recovery. Markets will now turn attention to next week’s US inflation data which could boost the Gr…
Kategorie-Archiv: Forecasts
GBP Weekly Forecast: GBP/USD, GBP/JPY Struggling to Undo Change in Momentum
The British Pound continues to face downside pressure as corrective trades continue
Markets Week Ahead: Nasdaq, US Dollar, Gold, Yields, RBA Decision, OPEC, NFPs
Markets swung wildly last week with volatility underpinned by a huge move higher in bond yields and the US Dollar as investors hammered stocks lower. Traders look to the RBA, OPEC, and NFPs ahead.
Weekly Technical US Dollar Forecast: Finally Turning Higher?
The DXY Index has held onto key technical support, suggesting that bulls may have a bit more fight left yet.
S&P 500 Forecast: Will Rising Yields Derail Stock Market's Upward Trajectory?
Rising Treasury yields inspired a broad selling in global equities last week. The longer-term outlook remains positive however on the back of the reflationary theme, strong earnings and vaccine pro…
Mexican Peso Forecast: USD/MXN Propped Up by Rising Yields and Weaker Equities
USD/MXN rises to its highest level in 3 months as bonds take control of market sentiment.
Euro Forecast: EUR/USD Outlook Improves as German Bund Yields Rise
ECB policymakers were out in force last week, saying they were watching Eurozone government bond yields, but yields rose anyway, and that’s positive for EUR/USD and the Euro crosses.
US Dollar Fundamental Outlook: All Eyes on Treasury Yields as Stocks Wobble
The haven-linked US Dollar may be in a position to benefit in the short-run as economic recovery bets support longer-dated Treasury yields, making them more competitive with stocks.
Gold Price Forecast: XAU Tanks Hard as Yields, Inflation Fears Climb
Gold prices were crushed this week as yields continued to climb. But with a big spot of support coming in, can buyers bring a bounce ahead of NFP?
Canadian Dollar Forecast: USD/CAD Price Hangs on Reflationary Market Sentiment
The reflation trade is helping to push the oil-linked Canadian Dollar higher as the post-Covid economic outlook clears. The Loonie is reliant on the global economy’s recovery.