The Federal Reserve interest rate decision may keep the price of gold afloat as the central bank relies on its non-standard tools to achieve its policy targets.
Schlagwort-Archiv: Forecast
Euro Forecast: EUR/USD Outlook Still Constructive After Break Above 1.20
Last week saw EUR/USD break above 1.20 for the first time since early March; now it will likely pause for breath before possibly strengthening further.
Mexican Peso Weekly Forecast: USD/MXN Bears Remain in Control
The Mexican Peso holds its ground against the US Dollar despite slow vaccinations and a move away from risk.
Markets Week Ahead: Dow Jones, Gold, EUR/USD, ECB, USD/CAD, BoC, Treasury Yields
A decline in Treasury yields continued supporting the Dow Jones and Nasdaq Composite as the US Dollar fell. Gold and silver prices are on the rise following notable breakouts. EUR/USD and USD/CAD a…
Markets Week Ahead: Dow Jones, Gold, EUR/USD, ECB, USD/CAD, BoC, Treasury Yields
A decline in Treasury yields continued supporting the Dow Jones and Nasdaq Composite as the US Dollar fell. Gold and silver prices are on the rise following notable breakouts. EUR/USD and USD/CAD a…
Dow Jones May Aim Higher, Backed by Earnings and Robust Data
A slew of strong bank earnings and upbeat economic data may pave the way for US equity indices to march higher. With accelerated consumer spending and job creation, the path of least resistance see…
US Dollar Outlook Mired by Fall in Longer-Dated US Treasury Yields
The US Dollar extends the decline from the start of April as the as the 10-Year Treasury yield slips to a fresh monthly low (1.53%).
Gold Weekly Forecast: More Upside Likely – Can it Be Sustained?
Gold is back at levels last seen in February after clearing key resistance.
Euro Forecast: EUR/USD Outlook Improves, What to Expect From ECB Meeting
For Euro traders, the week ahead will be dominated by Thursday’s ECB meeting. Eurozone monetary policy won’t be changed but Lagarde’s comments are expected to be dovish.
Australian Dollar Forecast: AUD/USD May Rise as Dovish Fed Calms Yields, US Dollar
The Australian Dollar could continue capitalizing on dovish Fed commentary that has been denting the US Dollar and Treasury yields, boosting stocks ahead of a relatively quiet week.