The drop in EUR/USD last Wednesday was significant, taking the pair below 1.15 to its lowest level since July 21 last year. That has opened the way for further losses, to 1.14 and beyond.
Schlagwort-Archiv: Market
US Dollar Forecast: USD Rally to Persist on Upbeat Retail Sales Report
The US Retail Sales report may generate a bullish reaction in the Dollar as the update is expected to show a pickup in household spending.
Australian Dollar Outlook: US Dollar, Treasuries, Commodities. Where to for AUD/USD?
The Australian Dollar weakened during the week as the fall-out from US CPI sent US yields higher, bidding up the US Dollar. Will AUD/USD find a base?
Bitcoin (BTC), Ethereum (ETH) Drift off All-Time Highs, Outlook is Still Bright
After printing all-time highs at the start of the week, BTC and ETH have given back most of this week’s gains but the longer-term technical outlook remains positive.
GBP Forecast: GBP/USD Plummets to Fresh 2021 Lows, Consolidation Ahead
FX markets pay attention to blowout US CPI, causing USD to rip higher. However, major USD pairs appear overextended at current levels.
Weekly Fundamental US Dollar Forecast: What’s Next for USD After Fed Meeting, NFP?
The US Dollar (via the DXY Index) hit a fresh yearly high by the end of the week, but the outlook moving forward is a bit more complicated than it appears on the surface.
Markets Week Ahead: US Dollar, British Pound, Treasury Yields, Australian Jobs Report, UK GDP
US stocks rose last week despite the long-awaited taper announcement from the Federal Reserve. The US Dollar, British Pound, government bond yields, and the Australian Dollar are in focus as the tr…
S&P 500 & FTSE 100 Forecasts for the Week Ahead
US equities back to record highs, seasonality signals short term pullback risk. UK banks pressured.
Mexican Peso Forecast: USD/MXN to Retain Bearish Bias Post-Fed Ahead of Banxico
Widespread bullish sentiment and monetary policy divergence between Banxico and the Fed may create an ideal scenario for the Mexican peso to appreciate against the U.S. dollar in the short term.
Gold Price Outlook: XAU/USD Turns to US Inflation and Fed Chair Jerome Powell
Gold prices turn to US CPI data in the week ahead as elevated global bond yields continue to make a tough road ahead for XAU/USD. Fed Chair Jerome Powell commentary eyed.