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…
Kategorie-Archiv: Forecasts
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.
Australian Dollar Outlook: AUD/USD at Crossroads of Commodities, Yields, Sentiment
The Australian Dollar has grinded higher, but future direction will likely depend on commodity pricing, yield differentials and risk appetite.
Markets Week Ahead: Dow, EUR/USD, Oil, Fed Symposium, PMIs, Delta
Markets faced a broad risk-off tone last week with sentiment deteriorating further due to global growth concerns and the delta variant of covid. The Dow and EUR/USD eye the Fed symposium on tap.
Markets Week Ahead: Dow, EUR/USD, Oil, Fed Symposium, PMIs, Delta
Markets faced a broad risk-off tone last week with sentiment deteriorating further due to global growth concerns and the delta variant of covid. The Dow and EUR/USD eye the Fed symposium on tap.