US Dollar selling pressure prevailed and steered the DXY Index -0.3% lower last week in spite of Fed taper talks growing more heated. Eyes on inflation and yields to gauge where USD heads next.
Schlagwort-Archiv: Forecast
Crude Oil Forecast: Iran Nuclear Deal Nears, Oil Bulls Unwind
Iran nuclear deal optimism sparks pullback in crude oil prices, but unlikely to derail outlook
Gold Price Outlook: XAU Strength Likely to Continue on Dovish Fed, PCE in Focus
Gold strength may continue in the near term as the Fed stands firm on their transient inflation outlook. Nevertheless, hotter-than-expected PCE figures on Friday pose a potential headwind to XAU/USD.
British Pound Eyes 2021 High Ahead of Bank of England (BoE) Testimony
Fresh remarks from BoE officials may keep the British Pound afloat amid the growing discussion within the central bank to scale back the emergency measures.
Bitcoin, Ethereum, Alt-Coins – Buyers Beware, Bullish Sentiment Broken, IRS Weighs In
Wednesday’s violent cryptocurrency capitulation has shattered this year’s bull surge and the market may take a long time to recover if it recovers at all
Markets Week Ahead: Dow Jones, Gold, Bitcoin, US Dollar, Still Dovish Fed, FOMC Minutes
The Dow Jones wobbled as the US Dollar gained after a temporary burst of risk aversion. Sentiment seems to be on the mend. Gold and crude oil prices appear to be aiming higher. Will still-dovish Fe…
Markets Week Ahead: Dow Jones, Gold, Bitcoin, US Dollar, Still Dovish Fed, FOMC Minutes
The Dow Jones wobbled as the US Dollar gained after a temporary burst of risk aversion. Sentiment seems to be on the mend. Gold and crude oil prices appear to be aiming higher. Will still-dovish Fe…
Mexican Peso Weekly Forecast: USD/MXN Drops as Markets Price in Rate Cut Despite Banxico Dismissal of Inflation
USD/MXN drops to 4-month low as odds of a rate cut by December 2020 rise to 50%.
Stock Market Forecast for the Week Ahead: Will Risk Appetite Recover?
US equities endured turbulent price action last week and could be positioned for further volatility as fundamental forces butt heads and investors look to negotiate the shifting landscape.
Gold Price Forecast: Bullion Susceptible to Dovish FOMC Minutes
The Federal Open Market Committee (FOMC) Minutes may drag on the price of gold as the central bank appears to be in no rush to switch gears.