The holiday-shortened week ahead has little in the way of important data or events to move Sterling assets. Sterling remains under short-term pressure.
Schlagwort-Archiv: Forecast
US Dollar Forecast: FOMC in View – Setups on EUR/USD, GBP/USD, USD/JPY
The FOMC will deliver updates on monetary policy and reveal the latest ‘dot plot’ which will confirm whether Fed officials maintain their prior stance of three cuts in 2024
Euro (EUR/USD) Forecast – Fed and BoE will Drive EUR/USD and EUR/GBP Price Setups
Euro traders will be looking at the Federal Reserve and the Bank of England this week to help gauge EUR/USD and EUR/GBP future price levels
British Pound Weekly Forecast: GBPUSD Could Struggle as Rate Setters Convene
This week will bring policy decisions from central banks on both sides of GBP/USD
Gold Price Outlook – Rally Looks Set to Continue on Positive US Rate Cut Backdrop
The recent record-breaking gold rally seems likely to continue as US interest rate cuts are now seen starting at the end of H1
British Pound Weekly Forecast: GBPUSD Looks Overextended At 7-Month High
The Pound looks set to start a new trading week at more-than seven-month highs against a United States Dollar broadly weakened by expectations that interest-rate cuts are surely coming.
US Dollar Forecast: Markets Eye NFP After Manufacturing Scare
US manufacturing data revealed a slowdown in ‘new orders’ and ‘employment’ sending the dollar lower on Friday. However, NFP data remains the focus next week
Euro Trade Setups Ahead of ECB Decision – EUR/USD, EUR/GBP and EUR/JPY
Next week’s ECB meeting is unlikely to see any change in monetary policy but post-decision commentary may give traders a better view when the first rate cut is set to be announced
British Pound Weekly Forecast: Sterling Becalmed As Spring Budget Looms
The British Pound remains confined to narrowing ranges against the United States Dollar in a market where volatility has plummeted.
Gold (XAU/USD) Price Struggles for Direction, Silver (XAG/USD) Looks Boxed In
The weekly gold candle shows a restrictive range of just $25 as the precious metal looks for a driver to help break its current lethargy