The Nasdaq 100 index limped into the weekend in a sour mood, as robust jobs reports reignited fears about Fed tapering stimulus. The tech sector may be under further pressure if this narrative stre…
Schlagwort-Archiv: Forecast
Gold Price Outlook: XAU/USD at Risk to US CPI Beat Before June Fed Rate Decision
Gold prices were slightly scarred this past week, leaving XAU/USD at risk to a beat in US inflation data next. However, follow-through may have to wait until the Fed rate decision.
Euro Forecast: EUR/USD Price Outlook Stable, ECB Tapering on Back Burner
For Euro traders the week ahead will be dominated by the ECB meeting that ends Thursday but any hopes for clarity on when the Eurozone central bank will start tightening monetary policy will likely…
US Dollar Outlook: USD Eyes US CPI, Contrarian Indicator Signaling a Bottom?
USD awaits US CPI and ECB, while rise in demise of dollar reporting may prompt contrarian signal.
Canadian Dollar Outlook Hinges on Bank of Canada (BoC) Rate Decision
The Bank of Canada (BoC) rate decision is likely to influence the near-term outlook for USD/CAD as the central bank starts to scale back its emergency measures.
Elon Musk and Bitcoin – The Biggest Break Up Since Kim and Kanye?
High-profile splits are commonplace these days, but are Elon Musk and Bitcoin really going their separate ways?
Mexican Peso Weekly Forecast: USD/MXN Sways on US Jobs Data, Focus on Mexican Election
USD/MXN drops back below 20 Pesos per Dollar ahead of the Mexican mid-term elections on Sunday.
Australian Dollar Outlook: Risk Trends in Focus as Traders Weigh Policy Outlooks
The risk-sensitive Australian Dollar was a winner following Friday’s US non-farm payrolls miss. Australian Westpac consumer confidence and US CPI are in focus next week as traders weigh central ban…
Stock Market Forecast for the Week Ahead: The Summer Doldrums Approach
Seasonality may work to slow stock market price action as a drawdown in volume and volatility seep into the market. The major indices have already begun to show symptoms of range-bound price action.
Australian Dollar Forecast: AUD/USD May Wilt on RBA, Falling Iron Ore Prices
The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.