Gold revealed its vulnerability to further selling as a result of renewed vigor from the dollar and US yields. Fed members warn markets about overly optimistic rate cut bets
Schlagwort-Archiv: Estimate
Euro Weekly Forecast – Will the ECB Give any Guidance? EUR/USD and EUR/GBP
The ECB policy meeting on Thursday is the ideal place for central bank President Christine Lagarde to start to outline a rate cut timetable. Trouble is the meeting will likely follow the familiar ‘let’s wait and see the data’ script.
British Pound Weekly Forecast: Ranges Look Set To Hold, But Watch USD Data
The Pound has been quite resilient to economic shocks, probably because they haven’t moved the dial on interest-rate views
Gold Price Weekly Forecast: Gold Rallies on US Rates, Geopolitical Worries
Escalating tensions in Yemen have boosted gold’s allure going into the weekend and with short-dated US Treasury yields falling further, XAU/USD may have more room to run.
Euro Weekly Forecast: Suppressed Weekly Range Emphasises Key Levels
The euro’s lack of volatility underscores key horizontal levels and the potential for range trading. EU inflation and updated sentiment data unlikely to move the dial significantly
British Pound Weekly Forecast: Big UK Data Week May Not Mean Big Moves
Recent bullish price action, combined with unimpressive GDP figures, provides a very uncertain landscape for the pound in big week for UK data
British Pound Forecast: GBP/USD Pushing Higher Despite Growing Rate Cut Calls
Global government bond yields are competing in a race to the bottom as central bankers prime the markets for a series of interest rate cuts in 2024.
Euro Weekly Forecast: EUR/USD, EUR/JPY Face a Slow Week in the Absence of Data and Thin Liquidity
EUR/USD breached the psychological 1.1000 level before the weekend, but thoughts of further gains may not materialize until the New Year is in swing.
Gold (XAU/USD) and Silver (XAG/USD) Jump on Dovish Fed Interest Rate Outlook
Gold and silver turned early losses into respectable gains at the end of the week, driven by a dovish Federal Reserve outlook for the coming year.
Euro Forecast: EUR/GBP and EUR/JPY Face Support, EUR/USD to Rise?
A rather hawkish ECB statement probably sits somewhere between the BoE and the Dovish Fed, keeping the euro supported. What is likely to drive euro pairs next week?