Bitcoin, Ethereum and alt coins ruined by Fed Chair Jerome Powell’s speech that sent cryptocurrency and risk assets into a sea of red. Next up is ISM and NFP, two big data points for risk aversion.
Schlagwort-Archiv: Forecast
Australian Dollar Outlook: RBA in the Shadow of the Fed for Now
The Australian Dollar had a whippy week after Chinese stimulus plans were over wrought by a Federal Reserve that got tough talking around a campfire in a ski resort.
Markets Week Ahead: Dow Jones, US Dollar, Gold, Bitcoin, Oil, Inflation, China, Jackson Hole, Fed
Market sentiment soured last week as Federal Reserve officials stood firm on further rate tightening. The US Dollar surged higher, pressuring US stocks, cryptos and gold. Traders await Jackson Hole.
Weekly Fundamental US Dollar Forecast: Fed in Focus at Jackson Hole
Fed speakers are expected to deploy an aggressive hawkish tone this week.
Markets Week Ahead: Dow Jones, US Dollar, Gold, Bitcoin, Oil, Inflation, China, Jackson Hole, Fed
Market sentiment soured last week as Federal Reserve officials stood firm on further rate tightening. The US Dollar surged higher, pressuring US stocks, cryptos and gold. Traders await Jackson Hole.
S&P 500, FTSE 100 Week Ahead: Jackson Hole Symposium in Focus
S&P 500 posts first weekly drop in a month. FTSE 100 defying gravity
Canadian Dollar Weekly Forecast: USD/CAD Braces Ahead of Key U.S. Economic Data
Teaser: USD/CAD will be subject to USD specific factors next week as the Canadian dollar remains exposed to downside risk.
Euro Forecast – EUR/USD Plunging Into Parity as US Dollar Bulls Run Amok
The Euro, along with a range of other majors, is looking fairly helpless in the face of a rampant US dollar with parity – EUR/USD 1.000 – unlikely to hold the latest sell-off.
Gold Price Forecast: Bullion to Find Relief on Slowing US Inflation
The update to the US Personal Consumption Expenditure (PCE) Price Index may curb the weakness in the price of gold as the report is anticipated to show a slowdown in inflation.
Bitcoin/Ethereum Outlook: BTC/USD, ETH/USD Weighed Down by the Fed
Risk assets sank this week as USD strength rattled markets. Bitcoin and Ethereum surrender August gains. US data and Jackson hole could drive prices in either direction.