Gold prices may surrender to the US Dollar if another wave of the coronavirus hammers global growth prospects and destabilizes the fragile corporate debt market.
Schlagwort-Archiv: Forecast
Euro Forecast: Outlook for EUR/USD Negative Longer Term
The European Council President is expected this coming week to propose a marginally smaller seven-year EU budget but wrangling between EU countries will likely continue, leading to a weaker Euro in…
Sterling (GBP) Remains On Edge as EU/UK Trade Talks Continue
This week’s face-to-face trade talks between the EU and the UK have so far produced little in the way of any news. Sterling’s fate remains in the hands of the two negotiators.
Dollar as a Safe Haven or Source of Global Instability?
The US Dollar is the traditional safe haven currency – a boon when global risk is shaken by a pandemic. And yet, that role is not inviolable. With a swell in COVID cases in the US, trade sparks rek…
Stock Market Third Quarter Forecast: Covid Concerns & Fed Policy to Clash
Equity markets endured significant volatility last quarter even as they staged a remarkable recovery, but many of the same themes behind the initial crash exist heading into the third quarter.
Japanese Yen Q3 Fundamental Outlook, Dow Jones and S&P 500 Eyed
The anti-risk Japanese Yen remains glued to the direction of the Dow Jones and S&P 500 benchmarks for Wall Street. What does the road ahead look like for JPY in the third quarter?
Markets Week Ahead: Dow Jones, US Dollar, Gold Prices, Rising Virus Cases
The Dow Jones and the S&P 500 ended this past week in a position to perhaps set up a recovery for anti-risk assets like the US Dollar and Japanese Yen. Gold is appearing to breakout higher as finan…
Markets Week Ahead: Dow Jones, US Dollar, Gold Prices, Rising Virus Cases
The Dow Jones and the S&P 500 ended this past week in a position to perhaps set up a recovery for anti-risk assets like the US Dollar and Japanese Yen. Gold is appearing to breakout higher as finan…
Gold Price May Ride the Tailwind of Virus Uncertainty, Soft US Dollar
Gold prices may rise as global virus uncertainty boosts demand for safety. US Dollar weakness amid accommodative central bank policy could provide added support.
Euro Forecast: Choppy Trading Likely in EUR/USD on Quarter-End Flows
The coming week sees the start of a new month and a new quarter, when portfolio rebalancing could result in turbulent trading in major assets, including EUR/USD and the Euro crosses.