The Japanese Yen has benefitted more than most from Dollar weakness as markets reassess Fed Policy
Kategorie-Archiv: Forecasts
GBP/USD Forecast: Pound Loses Steam While USD Remains on High Alert
GBP/USD is trading at a critical juncture around Fibonacci resistance. As the Fed adopts a more dovish tone, the Pound remains constrained by escalating price pressures.
Australian Dollar Outlook: RBA Pulls up the Anchor
The Australian Dollar consolidated last week as markets took stock of the banking crisis and the Federal Reserve raised rates while the RBA is set to pause. Where to for AUD/USD?
Euro Weekly Forecast: Euro Area Bank Weakness Casts an Ominous Shadow
Deutsche Bank is the latest financial company to be put under the spotlight as the bank’s shares hit a fresh multi-month low.
Crude Oil Prices Get Beaten Down by Sour Sentiment and Rising Supply
Crude oil prices fell to below pre-war levels after fears of a banking crisis and rising inventories resulted in double digit losses for WTI and Brent.
Gold (XAU/USD) Forecast: Gold Gains May Not be Over if Banking Angst Continues, FOMC Ahead
Golds recent gains has come about largely on a return of its haven appeal. A continuation of Fridays drop in banking shares and any further surprises could see the precious metal eye a new all-time high.
Nasdaq 100, Dow Jones, S&P 500 Technical Forecast: Mixed Week Offers Neutral View
There was a disproportionate rise in tech stocks last week as the Nasdaq 100 roared higher but the Dow Jones was left behind. Broadly speaking, the US equities technical outlook is neutral.
Australian Dollar Outlook: Banking Saga Rolls on as RBA Seen to Pause
The Australian Dollar jumped higher to finish a tumultuous week in markets that have questioned all asset classes with central banks now reassessing their tightening cycles.
GBP Forecast: UK CPI and BoE Rate Decision Complicated by Banking Rout
BoE officials have the unenviable task of hiking into the current banking sector turmoil. UK Inflation data on Wednesday alongside the FOMC meeting and projections
Euro (EUR) Weekly Forecast: Hawkish ECB Hikes Rates, Bank Stocks Highlight Risk
The ECB hiked interest rates by 50bps on Thursday, and said they will do more to fight inflation. The Euro grabbed a small bid but Euro Area bank stocks fell further.