BoE announces threshold to unwind balance sheet. EUR/GBP risking a break of YTD lows.
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Weekly Fundamental Gold Price Forecast: Time to Glitter Again? US NFP Friday
Gold prices have finally started to respond to a promising fundamental backdrop – but as always, the US labor market report can upend even the best laid plans of mice and men.
Markets Week Ahead: Dow Jones, US Dollar, NFPs, Canadian Dollar, Australian Dollar, RBA
The Dow Jones and S&P 500 weakened despite a relatively dovish Fed as rising Covid cases threatened global growth. The Australian Dollar may be at risk, with the US Dollar and Canadian Dollar eyein…
Mexican Peso Weekly Forecast: USD/MXN Back Within Key Range as USD Flops
USD/MXN drops back into its recent range as investors await further guidance from economic data.
Nasdaq 100 Retreats From Record Territory After FAANG Earnings. What Next?
Tech stocks pulled back from record territory after Amazon posted tepid Q3 guidance. The pandemic winners see their growth rates normalizing in the second half of the year, limiting the upside pote…
Euro Forecast: EUR/USD Advance Should Continue After Strong Economic Data
Last week’s march higher in EUR/USD may well extend further after Friday’s Eurozone economic statistics that will likely turn the ECB more hawkish on monetary policy.
US Dollar Fundamental Forecast: US Non-Farm Payrolls in Focus After FOMC Week
The US Dollar slipped last week after the Federal Reserve calmed taper timeline talks. Friday’s non-farm payrolls figure may rekindle upside USD bets if impressive.
Australian Dollar Outlook Bleak: AUD/USD Eyes RBA, Delta Variant, Beijing Crackdowns
The Australian Dollar remains vulnerable in the week ahead, eyeing risks such as a dovish RBA, surging Covid cases and recent crackdowns by Beijing. Might US NFPs offer some relief to AUD/USD?
Bitcoin (BTC) and Ethereum (ETH) Moving Apart, Binance Shutters Some European Derivative Markets
Ethereum is starting to outperform Bitcoin again ahead of ETH’s latest upgrade, while Binance continues to pare back business areas amid ongoing regulatory pressure
British Pound Forecast: GBP Caution as BoE Meeting Looms
A strong Covid-19 vaccine program reduces risks stemming from the Delta variant. BoE optimism on economic recovery grows.