Gold prices tumbled as the Dow Jones rose on rising confidence in the global economic outlook, leaving the US Dollar under pressure still. With US-China trade talks postponed, all eyes turn to US r…
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Markets Week Ahead: Gold, Dow Jones, US Dollar, Fed and ECB Minutes, Earnings
Gold prices tumbled as the Dow Jones rose on rising confidence in the global economic outlook, leaving the US Dollar under pressure still. With US-China trade talks postponed, all eyes turn to US r…
Gold Price Outlook: Will XAU/USD Brush off Worst Week in 5 Months?
Gold prices suffered the worst week in 5 months, is this the beginning of a new trend? The short-term outlook still seems to favor the upside on cheap global borrowing costs.
Euro May Rise if Q2 GDP and PMI Data Reinforce Recovery Hopes
The Euro may rise if preliminary Q2 GDP data and PMI statistics shows a brighter than-expected-picture and kindle hopes of a smoother recovery.
USD/MXN Week Ahead: Is The Upside In The Mexican Peso Sustainable?
USD/MXN breaks below downtrend support as Banxico cuts rates to help restart the economy
Dow Jones Faces Pressure as Inflation Bets with the US Dollar
The Dow Jones Industrial Average may face increasing selling pressure after the stock index moved back to the pre-Covid levels. A rising inflation outlook may lead to a less-dovish Fed and thus a s…
AUD Forecast: Australian Dollar Vulnerable as Complacency Builds
The Australian Dollar has kept a bid alongside the slow-and-steady decline in volatility. Bulls may continue steering AUD price action higher, but the Aussie lies at risk of a bearish shift in mark…
Crude Oil Weekly Outlook: Crude Oil Stalls Ahead of OPEC Meeting
Upside in Crude Oil struggling ahead of OPEC meeting. Cartel likely to maintain wait and see approach.
US Dollar Price Forecast: Stimulus Deadlock, China Row Boost USD
The US Dollar may rise, buoyed by haven demand as fiscal stimulus talks stagnate and swelling tensions between Washington and Beijing sink trade talks.
Markets Week Ahead: US Dollar, Gold , Nasdaq 100, US-China Woes. Stimulus?
The US Dollar rose as the Nasdaq 100 and gold prices fell on Friday following escalating US-China tensions and a stalemate in fiscal stimulus talks. Could these important fundamental forces set the…