After a week dominated by vaccine euphoria, USD/MXN looks for further guidance in economic data
Kategorie-Archiv: Forecasts
Gold Price Forecast: XAU/USD May Remain Afloat Despite Covid Vaccine Hopes
Gold prices tumbled this past week as Covid-19 vaccine hopes sent real Treasury yields higher. But, rising coronavirus cases and US fiscal stimulus woes may keep XAU/USD afloat.
Australian Dollar Eyeing Yearly High Ahead of RBA Minutes, Jobs Data
The Australian Dollar is eyeing a push to fresh yearly highs on positive Covid-19 developments ahead of the RBA meeting minutes and employment data for October.
Crude Oil Forecast: JMMC, Lockdowns, Vaccine News in Focus
Crude oil price action remains mired by conflicting fundamental drivers like renewed COVID-19 lockdown measures and positive vaccine news, but outlook could stay constructive more broadly if OPEC c…
US Dollar Forecast: Covid Cases, Retail Sales May Keep DXY, Yen and Franc Afloat
The US Dollar gained this past week. Covid-induced safe-haven bids on the Yen and Franc look to keep the DXY Index trading near its current 93 handle.
GBP/USD Weekly Forecast: Sterling Eyes Final Stages of Brexit Negotiations
GBP eye another showdown between the UK and EU with time running out for a UK-EU trade deal.
Markets Week Ahead: Dow Jones, Gold, US Dollar, US Election Aftermath, Where to?
The Dow Jones, S&P 500 and Nasdaq 100 soared the most since early April as Joe Biden took the lead in the US election. The US Dollar sank and gold prices rallied. Uncertainties remain however as mo…
Markets Week Ahead: Dow Jones, Gold, US Dollar, US Election Aftermath, Where to?
The Dow Jones, S&P 500 and Nasdaq 100 soared the most since early April as Joe Biden took the lead in the US election. The US Dollar sank and gold prices rallied. Uncertainties remain however as mo…
Sterling (GBP) Weekly Outlook – Brexit Deadline Nears as UK PM Johnson Comes Under the Spotlight
The UK Prime Minister Boris Johnson has had an uncomfortable week and next week is likely to continue in the same vein as Brexit and Covid-19 worries continue.
Japanese Yen May Rise on Covid-19 Lockdowns, Trump Legal Challenges
The haven-associated Japanese Yen may move higher on the back of tightening Covid-19 restrictions and President Trump’s legal challenges in several battleground states.