Last week was all about waiting for US inflation data and the ECB; the week ahead will be spent hoping for Federal Reserve guidance on US monetary policy – and EUR/USD is unlikely to move far eithe…
Schlagwort-Archiv: Estimate
Mexican Peso Forecast: Waters Turn Murkier for the Dollar, USD/MXN Remains Vulnerable
USD/MXN could move lower next week if the Fed sticks to the dovish script and reiterates that now is not the time to start talking about withdrawing stimulus despite rising inflation.
Crude Oil Outlook: IEA Report Sends Price Skyward Ahead of US-Iran Talks
A bullish International Energy Agency (IEA) report sent crude oil above $71.00 per barrel for the first time since 2018. US and Iran will resume talks this weekend. Will a deal be reached?
Gold Price Outlook Hinges on Updated Fed Interest Rate Dot Plot
The Federal Reserve rate decision is likely to sway the price of gold as the central bank is slated to update the Summary of Economic Projections (SEP).
Australian Dollar Outlook: AUD/USD Divergence With Wall Street Risks Continuing
The Australian Dollar may struggle despite ongoing optimism from Wall Street as falling bond yields and inflation expectations sap AUD/USD’s appeal. Focus on the Federal Reserve next.
Bitcoin (BTC) Grinding Higher – Ethereum (ETH), Alt-Coins in Wait-And-See Mode
Bitcoin continues its slow move higher while the rest of the market is watching to see if the move has legs
GBP/USD Weekly Forecast: Last Chance for Currency Volatility on FOMC Meeting
GBP/USD continues to trade in ranges as volatility dwindles.UK Data to play second fiddle to FOMC.
Markets Week Ahead: Dow Jones, Gold, Canadian Dollar, BoC, Euro, ECB, US CPI
The Dow Jones ended on an upbeat as the US Dollar and Treasury yields weakened. Ahead, the Canadian Dollar and Euro are eyeing the BoC and ECB respectively. Will gold prices weaken on the US CPI re…
Weekly Technical US Dollar Forecast: Rally Fizzling, Bears Retaking Control
The US Dollar (via the DXY Index) saw all of its weekly gains evaporate following the May US nonfarm payrolls report as US Treasury yields receded.
Nasdaq 100 Forecast: Is the Market Prepared for Fed Tapering Stimulus?
The Nasdaq 100 index limped into the weekend in a sour mood, as robust jobs reports reignited fears about Fed tapering stimulus. The tech sector may be under further pressure if this narrative stre…