The US Dollar breaks out of the range bound price action from the first of January going into the inauguration of President-elect Joe Biden.
Schlagwort-Archiv: Estimate
Australian Dollar Outlook: Tied to Biden Stimulus Bets, S&P 500, US Dollar, Treasuries
The Australian Dollar sits on the crossroads of Treasury yields, the S&P 500 and US fiscal stimulus expectations. Will AUD/USD gains slow? Chinese Q4 GDP and Australian jobs data are due.
GBP/USD Weekly Forecast: GBP/USD Rally Out of Steam?
GBP underpinned as BoE downplays negative rates, alongside vaccine rollout.
Weekly US Dollar Fundamental Forecast: Down, But Not Out
The DXY Index may be turning the corner as the stretch of bad US economic data nears exhaustion.
Markets Week Ahead: Nasdaq 100, Russell 2000, Gold, USD, Stimulus, Treasury Yields
The Nasdaq 100 and Russell 2000 started 2021 on a high note with longer-dated Treasury yields as gold tumbled. The US Dollar and crude oil found some support on rising fiscal stimulus prospects des…
Will the S&P 500 Extend Its Record Rally on Reflation Hopes?
The seemingly unstoppable rally in US stocks may have more room to go before time is ripe for a correction. The reflation trade appears to be gaining traction, but overstretched valuations may flag…
Euro Forecast: EUR/USD Outlook Upbeat on Sunny Market Sentiment
Trader confidence has been boosted by the US Democrats winning control of the Senate, suggesting further flows out of the safe-haven US Dollar into ‘risk-on’ currencies such as the Euro.
Mexican Peso Forecast: USD/MXN Balances on Support as Covid-19 Cases Surge in Mexico
The strong downtrend in USD/MXN has stagnated in recent weeks as bearish momentum eases.
Gold Price Outlook Mired by Spike in US Treasury Yields
The price of gold tumbles to a fresh weekly low ($1834), with the weakness in bullion largely coinciding with the recent spike in US Treasury yields.
Crude Oil Prices Eyeing OPEC Outlook Report After Saudi Output Cut, US Stimulus
Crude oil prices may extend gains after Saudi Arabia unexpectedly cut production ahead of the monthly OPEC outlook report. US fiscal stimulus bets may also underpin WTI.