The US Dollar finished strong as the Dow Jones and gold prices declined, but a dovish Fed risks undermining its progress. The British Pound could be in for a volatile week given key local risks. US…
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Mexican Peso Weekly Forecast: USD/MXN Underpinned by Rising Yields
USD/MXN is trading back above 20.00 Pesos per Dollar as rising bond yields help the US Dollar stem its losses
Dow Jones, Nasdaq 100, S&P 500, DAX 30 Forecasts for the Week Ahead
A strong earnings season has equipped investors with fresh optimism but price action may struggle to post progress as seasonal headwinds pick up in the month of May. As a result, gains may slow.
Gold Price Vulnerable Ahead of NFP amid Recovery in US Treasury Yields
The price of gold may remain under pressure ahead of the US Non-Farm Payrolls (NFP) report as 10-Year Treasury yield recovers after defending the April low (1.53%).
Euro Forecast: EUR/USD Price Outlook Still Positive, 1.22 in Traders' Sights
April’s strong rally in EUR/USD still shows no sign of losing momentum and the pair could well extend its gains in the first week of May.
Australian Dollar Forecast: Dow Jones May Support AUD, Dovish RBA Poses a Risk
The Australian Dollar could fall given a dovish RBA after disappointing first-quarter inflation data. But, further gains in the Dow Jones could signal support for the sentiment-linked AUD.
Ethereum (ETH) Hits a Fresh Record High, Bitcoin Cash (BCH) and Ripple (XRP) Rallying Hard
The cryptocurrency market continues to rebound sharply with Ethereum charging higher and printing repeated new highs.
Weekly Fundamental US Dollar Forecast: Rise in US Treasury Yields May Not Help Greenback; April NFP Due
The main economic event of the week will be the April US non-farm payrolls report due out on Friday, May 7.
GBP/USD Weekly Forecast: Scottish Election Risk & BoE QE Taper, GBP Volatility Ahead
GBP heading for a typically weak month, which comes ahead of Scottish Election risks. While the BoE may announce a QE taper.
Markets Week Ahead: EUR/USD, Nasdaq, Gold, Fed, Earnings, GDP & Inflation
Markets look ripe for volatility next week. What are EUR/USD, Nasdaq, and gold traders watching out for with the Fed decision, equity earnings, and release of GDP and inflation data on deck?