U.S. inflation data’s momentum is expected to play a significant role in shaping the outlook for gold and silver prices in the short term by influencing the Fed’s monetary policy roadmap.
Schlagwort-Archiv: Estimate
Oil Forecast: WTI Recovery Meets Resistance after Saudi, Russia Confirm Cuts
OPEC’s ministerial panel closely monitors the oil market as Saudi and Russian oil cuts are scheduled for September. WTI on track to rise for a sixth straight week
Japanese Yen Forecast: USD/JPY, GBP/JPY Struggle for Fresh Highs as FX Intervention Fear Lingers
Yen enjoyed a mixed week against its G7 counterparts but faced renewed pressure as the initial bounce following a tweak of the YCC policy wore off. More losses in store for the Yen?
Euro Forecast: EUR/USD Holds at Support, EUR/JPY Remains Stuck in Range Trade
The Euro was able to fend off a push from the US Dollar last week in the aftermath of Friday’s non-farm payrolls report. How does this leave EUR/USD and EUR/JPY looking heading into the new week?
Australian Dollar Forecast: AUD/USD and AUD/NZD Whipped but Range Bound
The Australian Dollar collapsed last week but is yet to break the big picture range as global markets question the rosy outlook that prevailed through July. Will AUD/USD bounce from here?
S&P 500, Nasdaq 100 Forecast: Apple and Amazon Earnings Eyed Before US Jobs Data
Corporate earnings from tech mega-caps Apple and Amazon, along with the June U.S. jobs report, could set the trading tone for the S&P 500 and Nasdaq 100 in the week ahead.
Gold and Silver Forecast: Rate Hikes Weigh on XAU/USD, XAG/USD
Interest rate hikes by the US Federal Reserve and the European Central Bank are keeping a lid on gold and silver. What is the outlook on XAU/USD and XAG/USD and what are the key levels to watch?
US Dollar Forecast: ‘Soft Landing’ Narrative Gains Traction Post FOMC
US Dollar strength waned slightly on Friday after PCE data came in lower than expected. Will the ‘soft landing’ narrative weigh on the Dollar or Inspire a new leg to the upside?
Euro Forecast: Volatile EUR/USD Calms as EUR/JPY Fully Recovers Losses
The euro had a volatile end to the week mainly driven by other currencies. Potentially sticky EU core CPI next week can support the euro but growth concerns weigh
Japanese Yen Forecast: USD/JPY, GBP/JPY Bounce off Support After BoJ Disappointment
The Japanese Yen gave up most of its upside progress last week after disappointment from the Bank of Japan. How is the technical landscape shaping up for USD/JPY and GBP/JPY in the week ahead?