Escalating tensions in Yemen have boosted gold’s allure going into the weekend and with short-dated US Treasury yields falling further, XAU/USD may have more room to run.
Kategorie-Archiv: Forecasts
Euro Weekly Forecast: Suppressed Weekly Range Emphasises Key Levels
The euro’s lack of volatility underscores key horizontal levels and the potential for range trading. EU inflation and updated sentiment data unlikely to move the dial significantly
British Pound Weekly Forecast: Big UK Data Week May Not Mean Big Moves
Recent bullish price action, combined with unimpressive GDP figures, provides a very uncertain landscape for the pound in big week for UK data
British Pound Forecast: GBP/USD Pushing Higher Despite Growing Rate Cut Calls
Global government bond yields are competing in a race to the bottom as central bankers prime the markets for a series of interest rate cuts in 2024.
Euro Weekly Forecast: EUR/USD, EUR/JPY Face a Slow Week in the Absence of Data and Thin Liquidity
EUR/USD breached the psychological 1.1000 level before the weekend, but thoughts of further gains may not materialize until the New Year is in swing.
Gold (XAU/USD) and Silver (XAG/USD) Jump on Dovish Fed Interest Rate Outlook
Gold and silver turned early losses into respectable gains at the end of the week, driven by a dovish Federal Reserve outlook for the coming year.
Euro Forecast: EUR/GBP and EUR/JPY Face Support, EUR/USD to Rise?
A rather hawkish ECB statement probably sits somewhere between the BoE and the Dovish Fed, keeping the euro supported. What is likely to drive euro pairs next week?
British Pound Eyes Inflation and GDP Data – GBP/USD, EUR/GBP Forecasts
The Bank of England this week reiterated their battle against inflation is far from over, leaving Sterling propped up by higher-for-longer rate expectations.
British Pound Outlook: GBP/USD Rattled by NFPs, BoE, ECB, Fed Decisions Ahead
Cable dropped around half-a-point after a slightly stronger-than-expected NFP report hit the screens, but next week is all about three central bank policy decisions
Gold, Silver & Oil Forecast: Commodities Prepare for a Busy Week
The updated Fed forecast next week can guide the dollar, and by extension, gold prices in the last weeks of 2023 as can the US CPI report. Oil hints at a bullish pullback