USD/JPY risks further retreat on rising risk aversion amid uncertainty related to the fallout from the closing of the SVB Financial Group. What are the key levels to watch?
Kategorie-Archiv: Forecasts
S&P 500, Nasdaq 100, Dow Jones Technical Forecast: Bearish Breakouts in Focus
The S&P 500, Nasdaq 100 and Dow Jones sank last week on bank sector contagion woes. From a technical standpoint, this is leaving Wall Street increasingly vulnerable in the week ahead.
Australian Dollar Outlook: Inflation Takes a Back Seat as Risks Accelerate
The Australian Dollar folded like a cheap chair during the week after the RBA put down the hose that had been pointed toward red-hot inflation, but the Fed and USD could be the driver for AUD/USD.
GBP Fundamental Forecast: Sterling Struggles Ahead of Spring Statement, US CPI
The pound has been in a broad decline, apart from cable which has been dominated by the USD sell-off. Next week’s Spring Statement ought to add to sterling volatility
Gold Price Forecast: XAU/USD Heads Toward $1880 After Strong Recovery
Gold prices surged for the second week after rebounding off the 100-week moving average now holding as support around $1,813. Can bulls drive XAU/USD to $1,880?
US Dollar (DXY) Technical Forecast: DXY at the Mercy of US Data with Inflation Ahead Next Week
The Dollar Index (DXY) finished the week with a whimper as Friday’s US data came in mixed. Bullish structure remains intact above the 104.30 level.
Euro Week Ahead Forecast: Will ECB Hawks Gain the Upper Hand on Rate Hikes?
The ECB is expected to hike rates by 50 basis points next Thursday and indicate that they will continue to hike aggressively to press down on inflation.
Gold Technical Forecast: XAU/USD Bull Run Extends
Gold has achieved a phenomenal turnaround after the massive sell-off in February. A close above 1833 entrenches the recent advance as momentum turns positive
Canadian Dollar Outlook: USD/CAD Halted by Event Risk. Fed, BoC on Deck
USD/CAD prices move cautiously ahead of a busy economic calendar. What will move Loonie this week?
Australian Dollar Outlook: Steady Ahead of RBA Decision
The Australian Dollar consolidated last week pre-RBA monetary policy meeting as yield differentials provide a headwind. If the RBA hike, will AUD/USD get a boost?