The euro faces many challenges as Russian gas supplies dwindle and the ECB does little to allay bond market nervousness after unsubstantiated mention of an anti-frag tool
Kategorie-Archiv: Forecasts
USD/JPY Outlook: All Eyes on Fed Testimony as BoJ Sticks to Easing Cycle
Developments coming out of the US may influence USD/JPY over the coming days as Chairman Jerome Powell is scheduled to testify in front of Congress.
US Dollar Fundamental Forecast: DXY Eyes Powell Testimony, Economic Data
The US Dollar is coming off a busy week of FOMC-filled action, but the economic docket remains full of event risks. Mr. Powell’s testimony is among the most important.
Australian Dollar Outlook: Hawkish RBA Underpins AUD for Now
The Australian Dollar was boosted by a suddenly hawkish RBA signalling a much higher rate path. If commodities hold up and China loosens up, will AUD/USD go higher?
Oil Price Forecast: Sell-Off Looks Overdone, Tight Energy Market Supports Rebound
Oil sold off during the week and fell to its lowest level in nearly a month on growing recession fears, but the commodity could rebound soon, supported by extremely tight energy markets.
Gold Price Forecast: Gold Rangebound on Rates and Inflation Tug Of War
Gold on course for first weekly drop in a month. However, range trading is likely to persist.
S&P 500 & FTSE 100 Forecast for the Week Ahead
Equities slump after Hot CPI. Rally Sellers Remain Dominant
Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Fed, British Pound, BoE, Yen, BoJ
The Dow Jones, S&P 500 and Nasdaq 100 tumbled in the worst week since early January. Surging inflation has everyone eying the Fed, BoE and BoJ. Will the US Dollar continue rising alongside Treasury…
Euro Forecast: EUR/USD Now Turns to the Fed and BoE After a Hawkish ECB
The Euro is struggling to rise despite an increasingly hawkish European Central Bank as competition gets stiff between its major peers. Where to for EUR/USD with the Fed’s turn next?
Japanese Yen Fundamental Forecast: Prices Approach 1998 Levels Ahead of BOJ
The Japanese Yen’s descent continued last week after an inflation print firmed up the US Dollar. A dovish Bank of Japan is unlikely to take action despite the extreme weakness. Will JPY fall further?