USD/CAD could lose further ground in the coming week on expectations that the weakening U.S. jobs market will lead the Fed to be more patient before withdrawing policy accommodation.
Kategorie-Archiv: Forecasts
Bitcoin (BTC) Nears $51k, Ethereum (ETH) Probes $4k While Solana (SOL) Soars Again
The cryptocurrency market swell continues with prices across the board moving higher with potential weekend volatility ahead.
Australian Dollar Outlook: AUD/USD Turns to RBA Decision After US Non-Farm Payrolls Data
The Australian Dollar is looking to the RBA for clarity of taper timing amid diverging commodity prices and after US non-farm payrolls. Can the AUD/USD rally last?
Markets Week Ahead: Dow Jones, US Dollar, Australian Dollar, Crude Oil, OPEC+, NFPs
The Dow Jones, S&P 500 and Nasdaq Composite soared amid the Fed’s Jackson Hole Symposium. The US Dollar tanked as the Australian Dollar, crude oil and gold prices outperformed. All eyes turn to non…
Mexican Peso Forecast: Powell Paves the Way for USD/MXN Weakness in the Near Term
The Fed’s dovish taper tone at the Jackson Hole Symposium is likely to depress US treasury rates and weigh on USD/MXN in the near term as traders seek to exploit higher yields in EMFX.
Nasdaq 100 Hits Record High as Powell Signals Tapering by Year End
Tech stocks extended higher into the record territory even though Fed Chair Jerome Powell prepared the markets for the Fed tapering. Interest rate hikes are likely to be far away, alleviating press…
Gold Forecast: XAU Traders Eye NFPs After Jackson Hole, Kabul Attack
Gold rose into the weekend after Fed Chair Powell offered no clear signal on tapering. XAU traders are shifting focus to next week’s non-farm payrolls print as geopolitical risks linger.
EUR/USD Forecast: Euro Runs into Resistance, More Gains Ahead?
Powell inspired lift for EUR/USD, eyes on key US data.
Bitcoin, Ethereum Predictions – Consolidation Phase Leading to Higher Prices
Bitcoin continues to draw strength from the 200-day simple moving average and if this continues, higher prices may be seen in the near future.
US Dollar Outlook Hinges on ISM Manufacturing Survey, NFP Report
The slew of US data prints on tap for the start of September are likely to sway the Dollar as the Federal Reserve retains an outcome-based approach for monetary policy.