The Mexican peso is likely to weaken against the dollar if U.S. inflation accelerates further and helps to consolidate expectations of a 50 bp hike by the Fed at its March meeting.
Schlagwort-Archiv: Forecast
US Dollar to Stage Larger Recovery on Another Rise in US CPI
The US Dollar Index (DXY) bounces back from a fresh monthly low (95.14) following the 467K rise in Non-Farm Payrolls (NFP), and the update to the Consumer Price Index (CPI) may fuel the recent rebo…
Canadian Dollar Technical Forecast: USD/CAD Aims to Break 1.280
USD/CAD has climbed back towards January highs after positive NFP data pushed prices to key technical levels. Where will USD/CAD go from here?
S&P 500, Dow Jones Whipsaw May Continue: Earnings Outlook – Disney, Twitter, Uber, Alibaba
US markets may whipsaw this week on another round of high-profile earnings after Meta and Amazon sent investors on a roller coaster. Disney, Twitter, Uber and Alibaba are set to report – here is wh…
Australian Dollar Outlook: The RBA Tightens Quantitatively but Hesitates on Rates
The Australian Dollar has found strength despite a dovish RBA swimming against global hawkishness as the US Dollar commands control.
Bitcoin (BTC), Ethereum (ETH) Pushing Higher Into Weekend on Robust NFP Release
The US jobs market is seemingly buoyant with this month’s NFP Report beating market expectations by a wide margin. And that may spell trouble for the cryptocurrency market.
GBP/USD Weekly Forecast: GBP Struggles, EUR/GBP Faces Reversal Risks
BoE hawkish decision tempered by dovish Bailey, EUR/GBP working on key reversal
GBP Q1 2022 Fundamental Forecast: Additional Bank of England Rate Hikes are on The Way
The Bank of England (BoE) started the cycle of tightening monetary policy by hiking the UK Base Rate by 15 basis points to 0.25%, the first-rate hike in over three years, at the last Monetary Polic…
Euro Q1 2022 Fundamental Forecast: Still No Rate Hike, Still No Euro Recovery
After dropping almost continuously for more than six months, you might think that EUR/USD is overdue a substantial rally. The problem is that it remains almost impossible to imagine a catalyst for …
Oil Q1 2022 Fundamental Forecast: Crude to Avoid Bear Market as Supply Constraints Persist
The price of oil may face a bear market in the first quarter of 2022 as it falls nearly 20% from the 2021 high ($85.41).