Last week’s meeting of ECB monetary policymakers failed to weaken Eurozone bond yields, and any further moves higher this week would likely result in corresponding gains for EUR/USD.
Schlagwort-Archiv: Estimate
US Dollar Outlook Hinges on Federal Reserve Forward Guidance
Fresh forecasts coming out of the Federal Reserve are likely to influence the US Dollar as Fed officials are slated to update the Summary of Economic Projections (SEP).
Australian Dollar Risks Wilting if Fed Remains Sanguine on Treasury Yields
The Australian Dollar is aiming to resume its uptrend, but the Fed and its take on the bond market still poses a risk to it ahead. AUD/USD may thus look past Australia’s jobs report.
New Zealand Dollar Forecast: NZD/USD Rebound Hinges on FOMC Meeting
The New Zealand Dollar has regained lost ground against the US Dollar in recent days and remains poised to continue pushing higher. However, the upcoming FOMC rate decision may ultimately define th…
Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Crude Oil, ECB, BoC, Treasuries
Rising longer-term Treasury rates undermined the tech-heavy Nasdaq 100 as the Dow Jones rose last week. The US Dollar is outperforming again, with gold prices sinking as crude oil soars. The Euro a…
Euro Forecast: EUR/USD to Weaken if ECB Increases Bond Buying
This Thursday’s meeting of ECB policymakers is live; there will be no major changes to Eurozone monetary policy but it could be tweaked in response to rising sovereign bond yields.
Nasdaq 100, S&P 500, Dow Jones Forecast: Growth, Tech Stocks Falling Out of Favor?
Rising longer-term Treasury yields and a relatively sanguine Fed may place the Nasdaq 100 at risk as the Dow Jones holds up. Are growth stocks falling out of favor for value ones?
Gold Price Outlook Remains Mired by Broader Recovery in US Yields
The recovery in longer-dated US Treasury yields may keep gold prices under pressure as the Federal Reserve appears to be in no rush to alter the path for monetary policy.
Crude Oil Prices Aiming Higher on OPEC Surprise, Inflation Expectations
Supply constraints, rebounding global demand and rising inflation expectations may drive crude oil prices higher in the near term.
Canadian Dollar Forecast: Loonie Awaits BoC Guidance on QE Pace
The Canadian Dollar could extend its recent stretch of gains considering potential that the Bank of Canada might signal QE tapering along with its scheduled interest rate decision due this week.