The European Central Bank will consider it a job well done if there is no movement in EUR/USD or the Euro crosses before, during or after Thursday’s policy announcements by its Governing Council.
Schlagwort-Archiv: Estimate
Canadian Dollar Forecast: USD/CAD Drop Supported by Crude Oil, Will BoC Disappoint?
The Canadian Dollar remains supported amid elevated crude oil prices. Don’t be surprised if the Bank of Canada disappoints aggressive hawkish expectations. Earnings season is a wildcard.
US Dollar Forecast: Greenback Vulnerable to Slowdown in US GDP
The update to the US GDP report may keep the Greenback under pressure as signs of a slowing recovery undermines speculation for an imminent shift in Fed policy.
Australian Dollar Outlook: AU-US Yield Spreads the Driver, Will it Steer AUD/USD Up?
The Australian Dollar ran up on widening yield differentials and commodity tailwinds. If those conditions ease, where will that leave AUD/USD?
Bitcoin (BTC), Ethereum (ETH) Pare Recent Heavy Gains, Solana (SOL) Keeps on Rallying
The cryptocurrency market is ending the week on a mildly cautious note but the outlook remains positive.
British Pound Weekly Forecast: Inflation Expectations and New Covid Cases; Poor Retail Data
November rate hike odds around 50% and a rise in new Covid cases threatens to dampen the services sector as the UK braces for winter.
British Pound Weekly Forecast: Inflation Expectations and New Covid Cases; Poor Retail Data
November rate hike odds around 50% and a rise in new Covid cases threatens to dampen the services sector as the UK braces for winter.
Equities Q4 Fundamental Forecast: Short-Term Uncertainties But Longer-Term Fortunes
Throughout the third quarter, there had been somewhat of a reversal in the reflation trade as concerns over the peak in the global growth lingered, alongside the continued spread of the Delta variant.
British Pound Q4 Forecast: Preparing the Ground for Interest Rate Hikes
The fourth quarter of 2021 will likely see the Bank of England start talking about interest rate hikes as early as the beginning of next year, boosting the attraction of Sterling.
Euro Q4 Fundamental Forecast: More Euro Weakness Likely Lies Ahead
The ECB, and by extension the Euro, faces the unenviable combination in Q4 of weakening economic growth and above-target inflation.