After last weekend’s brutal sell-off, the cryptocurrency market has regained some composure and looks set for a period of consolidation around its current levels if support levels hold.
Schlagwort-Archiv: Forecast
GBP Forecast: GBP/USD in the Eye of the FOMC/BOE Volatility Storm
Risks remain lower for GBP, however, markets are nearing peak bearishness.
Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Yen, AUD/USD, RBA, USD/CAD, BoC
The Dow Jones, S&P 500 and Nasdaq 100 slumped as volatility swept through markets. The US Dollar and Japanese Yen gained as crude oil prices declined. US CPI, the RBA and BoC rate decisions are on …
Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Yen, AUD/USD, RBA, USD/CAD, BoC
The Dow Jones, S&P 500 and Nasdaq 100 slumped as volatility swept through markets. The US Dollar and Japanese Yen gained as crude oil prices declined. US CPI, the RBA and BoC rate decisions are on …
Euro Week Ahead Forecast: EUR/USD Bounce May Be Over Already
EUR/USD was relatively stable last week but it is still hard to see a stronger recovery unless the European Central Bank reverses its position that a tightening of Eurozone monetary policy is not n…
USD/JPY on the Cusp of Reversal as All Yen Crosses Yield to Risk Trends
The volatility that has stirred in the broader financial markets doesn’t full encompass the retreat in a range of ‘risk’ assets that we have seen for some weeks. That erosion has hit many of the Ye…
S&P 500 Weekly Forecast: Omicron Fears May Weigh on US Stocks; Reopening Trade at Risk
U.S. stocks, particularly the reopening basket, may come under more pressure in the near term as traders trim positions in risk assets amid omicron variant uncertainty and fragile sentiment.
US Dollar Fundamental Forecast: DXY Primed Ahead of CPI Data
The US Dollar index closed higher for the sixth consecutive week as fundamental tailwinds buoyed the Greenback. This week’s CPI data may push the DXY index higher on hawkish Fed rate hike bets.
Gold Makes Third Successive Weekly Decline As General Market Sentiment Whipsaws
Gold, much like many other markets this week, witnessed a change in sentiment as Omicron fears and questions over aggressive tapering bets eased.
USD/CAD Outlook Hinges on Bank of Canada (BoC) Rate Decision
The Bank of Canada’s (BoC) last interest rate decision for 2021 may keep USD/CAD afloat as the central bank is expected to retain the current policy.