Colder weather tests Europe’s resolve as gas storage gets drawn lower, lifting EU gas prices. ECB and other major central bank’s decide on final rate hikes of 2022
Schlagwort-Archiv: Estimate
XAU/USD Price Forecast: Gold Prices Dimmed by Silver’s Shine
Gold prices ended the week flat as bulls struggled to gain momentum above 1800. With silver extending recent gains, psychological resistance remains intact.
Japanese Yen Technical Outlook: USD/JPY, EUR/JPY, GBP/JPY Setups
The Japanese Yen has held firm against major counterparts as the safe-haven currency stabilizes around technical levels. USD/JPY, EUR/JPY, GBP/JPY price action.
Gold & Silver Technical Forecast: Both Buoyed by Weak Dollar, Silver Surges
Gold and silver have both benefitted from a weaker dollar but silver is the standout of the two metals. Gold consolidating at stern resistance, silver continues higher
New Zealand Dollar Forecast: RBNZ Weighs Inflation vs Global Headwinds
Next week the RBNZ decides to hike by 50 or 75 bps where forward guidance remains key. Stubborn inflation and a worsening global outlook complicates the decision
Weekly Fundamental US Stocks Forecast: Short-term Gains Still Possible
US equity markets have rallied sharply, underpinned by falling short-end US Treasury yields and a drop in volatility. Can it continue?
Weekly Fundamental US Dollar Forecast: Post-Fed Inflation Data Eyed
The economic calendar remains busy in the days ahead with a bevy of Federal Reserve speakers as well as the October US inflation report (consumer price index).
Weekly Fundamental Japanese Yen Forecast: Intervention Matters Little
Intervention efforts may have weighed on USD/JPY rates, but the Japanese Yen was broadly weaker over during the final week of October.
Weekly Fundamental US Dollar Forecast: 3Q’22 US GDP Report in Focus
After a quiet economic calendar last week, the coming days will see several important US data releases.
Japanese Yen Explodes Higher, Bank of Japan Meeting Up Ahead
The Japanese Yen exploded higher as local officials appeared to intervene after the currency touched a 32-year low. An upcoming Bank of Japan policy meeting is now in focus.