The US dollar has benefitted from cooling Fed cut expectations and robust economic data. The greenback’s rise appears likely to continue in a data heavy week
Schlagwort-Archiv: Forecast
Euro (EUR/USD) Weekly Outlook: Important GDP, Jobs and Inflation Data on the Docket Next Week
After a neutral ECB meeting on Thursday, next week sees some heavyweight EU economic data hit the screens including GDP, Inflation, and Jobs.
British Pound Weekly Forecast: Could BoE Sound More Comfy With Rate Cuts?
The Pound and the Dollar will both look to their respective central banks this week. Market rate pricing probably poses the biggest risk.
Gold, Silver Weekly Forecast: Tempered Rate Cut Bets Pose a Headwind
Gold revealed its vulnerability to further selling as a result of renewed vigor from the dollar and US yields. Fed members warn markets about overly optimistic rate cut bets
Euro Weekly Forecast – Will the ECB Give any Guidance? EUR/USD and EUR/GBP
The ECB policy meeting on Thursday is the ideal place for central bank President Christine Lagarde to start to outline a rate cut timetable. Trouble is the meeting will likely follow the familiar ‘let’s wait and see the data’ script.
British Pound Weekly Forecast: Ranges Look Set To Hold, But Watch USD Data
The Pound has been quite resilient to economic shocks, probably because they haven’t moved the dial on interest-rate views
Gold Price Weekly Forecast: Gold Rallies on US Rates, Geopolitical Worries
Escalating tensions in Yemen have boosted gold’s allure going into the weekend and with short-dated US Treasury yields falling further, XAU/USD may have more room to run.
Euro Weekly Forecast: Suppressed Weekly Range Emphasises Key Levels
The euro’s lack of volatility underscores key horizontal levels and the potential for range trading. EU inflation and updated sentiment data unlikely to move the dial significantly
British Pound Weekly Forecast: Big UK Data Week May Not Mean Big Moves
Recent bullish price action, combined with unimpressive GDP figures, provides a very uncertain landscape for the pound in big week for UK data
British Pound Forecast: GBP/USD Pushing Higher Despite Growing Rate Cut Calls
Global government bond yields are competing in a race to the bottom as central bankers prime the markets for a series of interest rate cuts in 2024.