EUR/USD broke below 1.20 last week for the first time since December 1 last year and as traders pile in to US Dollars the pair looks destined to fall further.
Schlagwort-Archiv: Forecast
Will the S&P 500 Extend Its Record Rally Against Rising Yields and USD?
An improved fundamental picture, positive earnings guidance and stimulus hopes appeared to have rejuvenated stock markets’ rally, but rising longer-dated yields and a stronger USD may cloud the out…
Gold, Silver Price Forecast: USD and Yields Turn Higher as Economic Data Improves
Precious metals are struggling to hold their ground as uncertainty hedges are unwound.
US Dollar Forecast: Climbing Inflation Expectations May Underpin USD
The US Dollar may continue to gain ground against its major counterparts in the short term, as a noticeable pickup in inflations fuels bets that the Federal Reserve will taper its bond purchasing s…
Australian Dollar Forecast: S&P 500 Gains Fail to Inspire, Why the Struggle?
The growth-linked Australian Dollar lost some ground despite a rising S&P 500 as the US Dollar received a boost from rising Treasury yields. This dynamic remains important to watch ahead.
Oil Price Rally Buoyed by Signs of Stronger Demand and Subdued Supply
The price of oil trades to fresh yearly highs as the decline in crude inventories boosts the outlook for consumption while US output sits at its lowest level since 2018.
GBP/USD Weekly Forecast: EUR/GBP Bearish Breakdown, More GBP Gains Ahead?
GBP rallies as BoE says no to negative rates , EUR/GBP bearish breakdown.
Markets Week Ahead: Gold, Dow, Euro-Area GDP, NFPs, BoE & RBA Eyed
Markets gyrated wildly this past week as traders reacted to a barrage of headlines ranging from central bank commentary to GameStop stock price volatility. What’s in store for the week ahead?
Markets Week Ahead: Gold, Dow, Euro-Area GDP, NFPs, BoE & RBA Eyed
Markets gyrated wildly this past week as traders reacted to a barrage of headlines ranging from central bank commentary to GameStop stock price volatility. What’s in store for the week ahead?
Euro Forecast: EUR/USD to Shrug Off Any Hints of an ECB Interest Rate Cut
Nobody is seriously expecting the ECB to cut Eurozone interest rates any time soon. It appears keen to persuade the markets that a reduction is possible but there’s little chance EUR/USD will react.