The US Dollar is likely to drive higher on strong fundamental drivers, including increasingly strong bets on Fed tightening and Covid-induced safe-haven flows.
Kategorie-Archiv: Forecasts
Gold Price to Face Fed Blackout Period Ahead of July Rate Decision
Swings in risk sentiment may influence the price of gold as the Federal Reserve enters the blackout period ahead of the interest rate decision on July 28.
Bitcoin (BTC), Ethereum (ETH) Sell-Off Into The Weekend, Support Looks Increasingly Fragile
The cryptocurrency market remains under pressure and looks primed to test recent support levels
Weekly Fundamental Australian Dollar Forecast: Nothing to Like, No Saving Grace
The third week of July brings about a quieter economic calendar for Australia; there are zero ‘high’ rated events on the DailyFX Economic Calendar.
British Pound (GBP) Weekly Forecast: On Alert for Comments from BOE Members
Hawkish comments from BOE members keep GBP/USD and EUR/GBP within range
Equities Q3 Fundamental Forecast: Stocks to Enjoy Continued Economic Recovery, Seasonality a Concern
The Dow Jones, S&P 500 and Nasdaq 100 entered the third quarter on the back of yet another strong showing in the post-pandemic era as stocks continued to climb across all sectors.
EUR Q3 Fundamental Forecast: ECB Review May Lead to Euro Weakness
As predicted at the end of March in the second quarter forecast, EUR/USD rallied strongly in Q2, rising from a low of 1.1704 on March 31 to a high of 1.2266 on May 25 before dropping back.
Yen Q3 Fundamental Forecast: Road Ahead Remains Tough
The road ahead for the Japanese Yen in the third quarter remains tough, with USD/JPY perhaps looking to rise amid a less-dovish Federal Reserve amid persistent inflationary pressures.
British Pound Q3 Fundamental Forecast
The UK economic recovery continues, aide by a successful vaccination program, all eyes are now on data releases
Markets Week Ahead: USD/JPY, Euro, Dow, Oil, BoC, RBNZ, Inflation, Earnings
Markets experienced some turbulence last week as freefalling bond yields concerned investors and fueled an unwind of the reflation trade. Will volatility continue in the week ahead?