Gold prices fell for a second consecutive week as inflation expectations eased after a U.S. political shift. A dispute between the Federal Reserve and Treasury is boosting gold prices, will momentu…
Schlagwort-Archiv: Forecast
Euro Forecast: EUR/USD Outlook Worsens After EU Recovery Fund Vetoed
With the markets focused on coronavirus vaccines, it was easy to miss news last week that Poland and Hungary have blocked the EU’s recovery fund; another potential negative for the Euro.
Markets Week Ahead: Dow Jones, Nasdaq, Crude Oil, OPEC, GBP/USD, Brexit Talks
Rotation-trade dynamics was this past week’s focus as the Dow Jones outperformed the Nasdaq. Will this continue? Gold prices tumbled as crude oil gained ahead of an OPEC+ meeting. The British Pound…
Markets Week Ahead: Dow Jones, Nasdaq, Crude Oil, OPEC, GBP/USD, Brexit Talks
Rotation-trade dynamics was this past week’s focus as the Dow Jones outperformed the Nasdaq. Will this continue? Gold prices tumbled as crude oil gained ahead of an OPEC+ meeting. The British Pound…
Euro Forecast: EUR/USD May Extend Last Week's Losses
The falls in EUR/USD early last week came as a surprise to many analysts, but an extension of those declines this week would be no shock as easier Eurozone monetary policy comes closer.
Mexican Peso Fundamental Forecast: USD Claws Back Losses as a Reality Check Kicks In
After a week dominated by vaccine euphoria, USD/MXN looks for further guidance in economic data
Gold Price Forecast: XAU/USD May Remain Afloat Despite Covid Vaccine Hopes
Gold prices tumbled this past week as Covid-19 vaccine hopes sent real Treasury yields higher. But, rising coronavirus cases and US fiscal stimulus woes may keep XAU/USD afloat.
Australian Dollar Eyeing Yearly High Ahead of RBA Minutes, Jobs Data
The Australian Dollar is eyeing a push to fresh yearly highs on positive Covid-19 developments ahead of the RBA meeting minutes and employment data for October.
Crude Oil Forecast: JMMC, Lockdowns, Vaccine News in Focus
Crude oil price action remains mired by conflicting fundamental drivers like renewed COVID-19 lockdown measures and positive vaccine news, but outlook could stay constructive more broadly if OPEC c…
US Dollar Forecast: Covid Cases, Retail Sales May Keep DXY, Yen and Franc Afloat
The US Dollar gained this past week. Covid-induced safe-haven bids on the Yen and Franc look to keep the DXY Index trading near its current 93 handle.