The US Dollar climbed 3 percent over the past 3 weeks, sustained by economic data that has been pouring cold water on Fed rate cut bets. Ahead, eyes turn to US non-farm payrolls.
Schlagwort-Archiv: Forecast
Gold Prices at Risk of Deeper Correction on Surging Real Yields, USD Strength
Gold prices could continue to slide in the near term if real yields and the U.S. dollar extend their rebound on the back of a hawkish repricing of the Fed’s policy outlook.
S&P 500, Nasdaq Week Ahead: Momentum Surges on Debt Deal Optimism
US equity indices look set to extend gains in the coming week on rising hopes of a deal to raise the US debt ceiling. What are the key levels to watch in the S&P 500 and the Nasdaq 100 index?
Australian Dollar Outlook: US Dollar Dominates Proceedings
The Australian Dollar collapsed last week with the US Dollar regaining broad-based ascendency as Treasury yields moved north on a tilt in the Fed rate path.
Crude Oil Outlook Dims on Debt Limit & Recession Risks, Double-Top Pattern Eyed
Crude oil prices may head lower in the near term, dragged down by recession risks and the U.S. debt ceiling impasse, with a double top pattern reinforcing bearish signals.
US Dollar Weekly Forecast: DXY Breaks Higher Ahead of the Fed’s Key Inflation Gauge
The US Dollar extended its winning streak alongside Treasury yields as markets priced out Fed rate cuts. Ahead, will the Federal Reserve’s preferred inflation gauge support DXY’s key breakout?
Japanese Yen Weekly Outlook: USD/JPY Triangle Breakout, Key US Data in Focus
The Japanese Yen extended its losing streak against its major counterparts, largely driven by external factors as Treasury yields climbed. Will USD/JPY continue its push higher?
Gold Weekly Forecast: Flight to Safety May Prompt Bullish Continuation
The outlook has improved for gold after debt ceiling talks stall, Yellen warns of further potential bank mergers and Powell talks down rate hikes due to slowing credit
Australian Dollar Outlook: AUD Confirms Range Trade
The Australian Dollar had a look lower last week but managed to recover and is now firmly entrenched in the 3-month range despite risks in the macroeconomic environment.
US Dollar Outlook: Best Week of the Year Sets the Stage for Jerome Powell’s Speech
The US Dollar saw its best week of the year so far as CPI and consumer inflation expectations data cooled Fed rate cut bets. Will Chair Jerome Powell disappoint markets next?