The ECB, and by extension the Euro, faces the unenviable combination in Q4 of weakening economic growth and above-target inflation.
Schlagwort-Archiv: Forecast
Markets Week Ahead: Dow Jones, US Dollar, Yen, Crude Oil, Bitcoin Nears Record High, China GDP
The Dow Jones gained as the US Dollar and Japanese Yen weakened. Crude oil continues its ascent amid a global supply crunch. All eyes turn to Chinese GDP data. Bitcoin nears a record high as future…
S&P 500 & Nasdaq 100 Forecast: Netflix & Tesla Earnings to Set the Tone for the Market
Quarterly earnings from Netflix and Tesla, two big tech companies, will take center stage next week and could set the trading tone for the S&P 500 and the Nasdaq 100.
Euro (EUR) Price Forecast: More Falls Ahead for EUR/GBP, EUR/AUD, EUR/CAD
Relative stability in EUR/USD has masked weakness in the Euro against most other major currencies, and that weakness can be expected to persist in the week ahead and likely for longer.
US Dollar Outlook: USD Loses Momentum as Technical Levels Hold Firm
US Dollar loses steam as technical and fundamentals drive price action into critical resistance.
US Dollar Outlook: USD Upside Stalling, Risk of Larger Setback
US Dollar losing its appear demand picks up for major counterparts. Risk of larger setback as risk appetite stabilises.
Gold Fundamental Forecast: Yield Curve Key to Bullion Prices as Q3 China GDP Nears
Gold prices moved higher last week, but an upbeat US retail sales report underpinned Treasury yields on Friday, which weighed on bullion. Chinese Q3 GDP is in focus for XAU traders.
Bitcoin (BTC/USD) Surges Back to Multi-Month Highs on Renewed ETF Chatter
Bitcoin broke above $60k earlier in the session to a fresh multi-month high on the renewed expectation that the SEC will approve a futures-based Bitcoin ETF very soon.
GBP/USD Rate Rally Susceptible to Slowdown in UK CPI
The update to the UK Consumer Price Index (CPI) may undermine the recent rally in GBP/USD as the report is anticipated to show a slowdown in the core rate of inflation.
Australian Dollar Outlook: AUD/USD Back on the Offensive as Covid Restrictions Ease
The Australian Dollar is seemingly back on the offensive as lockdowns ease in Sydney and Melbourne. Improving sentiment may allow AUD/USD to capitalize on rising equities and commodity prices.