The update to the Personal Consumption Expenditure (PCE) Price Index may prop up the price of gold if the Fed’s preferred gauge for inflation rises for 11 straight months.
Schlagwort-Archiv: Estimate
British Pound Outlook: US Dollar Strength Holds GBP/USD Bulls at Bay
GBP/USD continues to struggle to climb higher as USD strength hinders the bulls ability to drive prices higher. EUR/GBP aims lower
Euro Forecast: EUR/USD Outlook No Brighter For Week Ahead Despite Savage Falls
The key question for EUR/USD traders in the coming week is whether all the negativity towards the Euro has now been so fully discounted that a rally is due. The answer? Probably not.
Crude Oil Fundamental Forecast: US and China Square Off Against OPEC
Oil fell last week after the United States and China appeared to coordinate efforts to fight high prices. Will potential SPR releases between the two superpowers put OPEC on the defense?
US Dollar Forecast: Key Inflation Data, Biden Fed Nomination in Focus
The US Dollar may remain on the offense with the Fed’s preferred gauge of inflation – core PCE – expected at the highest since 1991. Will Joe Biden’s Fed Chair nomination have lasting US Dollar imp…
RBNZ Preview: How will the New Zealand Dollar React?
With inflation and employment data much better than the RBNZ expected, risks are geared towards a possible 50bps hike.
Bitcoin (BTC) and Ethereum (ETH): A Period of Strong Consolidation is Needed if The Long-Term Trend is to Resume
This week’s sell-off has called into question the multi-month crypto rally. A period of rebuilding can help get the market back on track.
Australian Dollar Outlook: US Dollar, Treasuries, RBA, Fed. Is AUD/USD Sidelined?
The Australian Dollar was undermined by US Dollar strength and then a feisty bond market that over-reached. What is going to drive AUD/USD from here?
Weekly Fundamental Gold Price Forecast: Real Yields to Determine Next Move
Rising inflation expectations and falling long-end bond yields have given a new shine to gold prices.
Markets Week Ahead: Nasdaq 100, US Dollar, EUR/USD, GBP/USD, USD/CAD, CPI Data
Volatility re-entered Wall Street amid inflationary woes, sending the Nasdaq 100 lower. Risk aversion boosted the US Dollar and gold prices gained. Other parts of the world will release CPI data. E…