GBP/USD is going into the weekend on the back foot as the dollar picks up a small bid after Jerome Powell’s Jackson Hole speech.
Kategorie-Archiv: Forecasts
US Dollar Forecast: Will Fed Chair Powell Inject Further Momentum at Jackson Hole?
The Dollar Index (DXY) continued its impressive run as risk-off sentiment, upbeat data and hawkish Fed minutes provided support. Will Jerome Powell inject further bullish momentum at Jackson Hole?
US Crude Oil Weekly Forecast: China, US Demand Worries To Weigh
Crude Oil prices have snapped a seven-week winning streak with investors now focused on the clear possibility of reduced energy demand, rather than the certainty of tightening supply.
Japanese Yen Outlook: USD/JPY, GBP/JPY Remain Focused Higher as Resistance Breaks
The Japanese Yen continues to see little love from traders, with USD/JPY and GBP/JPY achieving notable upside breakouts last week. What are key levels to watch in the week ahead?
Australian Dollar Forecast: A US Dollar on the March Sinks AUD/USD, AUD/JPY Follows
The Australian Dollar pierced below support levels last week as the US Dollar leapt higher on rising Treasury yields with possible official selling of US debt. Will AUD/USD turn around?
Euro Forecast: EUR/USD at the Mercy of the Dollar, EUR/JPY Pulls Back
The euro has taken a back seat amid scarce high importance data. In the coming week EU PMI data will help inform eurozone prospects after slightly better Q2 growth
Gold, Silver Forecast: It’s Now or Never for XAU/USD, XAG/USD
Gold and silver are approaching a crucial juncture that could define the trend for subsequent weeks, perhaps months. What is the outlook and what are the key levels to watch in XAU/USD and XAG/USD?
US Dollar Forecast: Dollar Index Rally Continues with Fundamental and Technical Challenges Ahead
The Dollar Index (DXY) Is on a tear at the moment with its fourth successive week of gains. Will the rally continue given that the FOMC minutes and a barrage of resistance lie ahead?
US Crude Oil Weekly Forecast: Market May Be Tiring Close to 2023 Highs
The WTI Market has climbed back to its highs for the year but doesn’t look comfortable there
Euro Forecast: EUR/USD Flattens Out, EUR/JPY Rise in Jeopardy at Intervention Levels
A notable step down in high impact EU-related data could lead to sideways price action, EUR/JPY extension at risk as yen depreciation gets to prior intervention levels