The Euro is facing a week full of high-risk events and the single currency is looking at the ECB for stability and guidance on Thursday. Expect further EUR/USD volatility.
Kategorie-Archiv: Forecasts
Gold Prices at Risk on Global Inflation Data, ECB May Offer Lifeline
Gold prices may continue to fall as high-flying global inflation data boosts bets on central bank tightening, tarnishing non-yielding bullion’s appeal. A measured ECB may offer a temporary lifeline.
US Dollar Fundamental Forecast: DXY Set for More Gains on Ailing Euro, Yen
The US Dollar rose after a red-hot US CPI report bolstered Fed rate hike bets. The Bank of Japan and European Central Bank decisions appear likely to leave the Yen and Euro vulnerable to further do…
Bitcoin (BTC/USD) Resilience Holds After Another Big Week For USD
Bitcoin, Ethereum and their alt coin counterparts have rebounded despite the shocking US CPI print dented sentiment further. BTC/USD remains above $20,000 despite fundamental risks.
AUD/USD Rate Rebound Susceptible to Preset Path for RBA Policy
The Reserve Bank of Australia (RBA) Minutes may do little to influence AUD/USD as the central bank appears to be on a preset course in normalizing monetary policy.
Pound Sterling (GBP) Weekly Forecast: PM Race Hots up in Time for Heatwave
The race for Prime Minister heats up on Friday ahead of the 5 candidate TV debate. Elsewhere, UK CPI and unemployment data to confirm or obfuscate positive GDP data
Gold Q3 2022 Forecast: Fundamental Outlook Weakens
As anticipated in the Q2’22 gold forecast, the main catalyst that drove gold prices higher in Q1’22 – the Russian invasion of Ukraine – proved to be a short-lived catalyst.
US Dollar Q3 2022 Forecast: Dollar’s Run Relies on Rates, Recession and Risk
The Dollar performed exceptionally well through the first half of 2022 – and more broadly over the preceding year.
British Pound Q3 2022 Forecast: The Bank of England – It’s Time to Decide
The second quarter of the year has been a tricky three months for the Bank of England (BoE) as inflation continued to soar – and is expected to rise further – while growth slowed to a crawl, sparki…
British Pound Q3 2022 Forecast: The Bank of England – It’s Time to Decide
The second quarter of the year has been a tricky three months for the Bank of England (BoE) as inflation continued to soar – and is expected to rise further – while growth slowed to a crawl, sparki…