FX markets pay attention to blowout US CPI, causing USD to rip higher. However, major USD pairs appear overextended at current levels.
Kategorie-Archiv: Forecasts
Weekly Fundamental US Dollar Forecast: What’s Next for USD After Fed Meeting, NFP?
The US Dollar (via the DXY Index) hit a fresh yearly high by the end of the week, but the outlook moving forward is a bit more complicated than it appears on the surface.
Markets Week Ahead: US Dollar, British Pound, Treasury Yields, Australian Jobs Report, UK GDP
US stocks rose last week despite the long-awaited taper announcement from the Federal Reserve. The US Dollar, British Pound, government bond yields, and the Australian Dollar are in focus as the tr…
Mexican Peso Forecast: USD/MXN to Retain Bearish Bias Post-Fed Ahead of Banxico
Widespread bullish sentiment and monetary policy divergence between Banxico and the Fed may create an ideal scenario for the Mexican peso to appreciate against the U.S. dollar in the short term.
S&P 500 & FTSE 100 Forecasts for the Week Ahead
US equities back to record highs, seasonality signals short term pullback risk. UK banks pressured.
Euro Forecast for the Week Ahead: EUR/USD Outlook Turns Bearish Again
EUR/USD began last week brightly enough but fell sharply Thursday and now looks likely to drop further as the markets begin to believe ECB President Lagarde that Eurozone rate hikes are not on the …
Gold Price Outlook: XAU/USD Turns to US Inflation and Fed Chair Jerome Powell
Gold prices turn to US CPI data in the week ahead as elevated global bond yields continue to make a tough road ahead for XAU/USD. Fed Chair Jerome Powell commentary eyed.
Australian Dollar Outlook: Commodities, US Dollar and RBA Weigh. Can AUD/USD Hold?
The Australian Dollar weakened during the week as the RBA under-delivered and commodities continued lower. Will AUD/USD catch a bid?
Bitcoin (BTC) and Ethereum (ETH) Setting Up For The Next Leg Higher
The bullish channels that have been guiding Bitcoin and Ethereum higher over the past months are coming under pressure.
GBP/USD Rate Eyes Yearly Low Ahead of UK GDP Report
GBP/USD is on the verge of testing the yearly low (1.3509) ahead of the UK GDP report as the BoE keeps the benchmark interest rate at the record low of 0.10% in November.