The Australian Dollar remains hostage to the US Dollar as global macro factors outweigh the prospect of the RBA looking to stamp out pesky inflation. AUD/USD and AUD/JPY are in focus.
Schlagwort-Archiv: Market
British Pound (GBP/USD) Weakens Further Ahead of BoE Decision
The Bank of England is expected to leave interest rates unchanged next week and this will not help Sterling as it drifts towards 1.2000 against the US dollar
US Dollar Forecast: The Fed and US Yields Sustain USD Support
Prominent Fed members came out in support of holding rates, allowing the bond market premium to keep financial conditions tight. Added safe haven appeal prop us USD
Nasdaq 100, S&P 500 Weekly Forecast: Alphabet, Microsoft and Amazon Earnings Eyed
Corporate earnings from tech mega-caps Alphabet, Microsoft, and Amazon could guide market sentiment and set the trading tone for the S&P 500 and Nasdaq 100 in the coming week.
Oil Weekly Forecast: Technicals Hint at Further Upside but Geopolitics Holds the Key
Oil prices look poised for further upside from a technical standpoint but tensions in the Middle East will remain the key driver of Oil prices in the week ahead. Will we see a fresh YTD high?
Euro Weekly Forecast: EUR/USD, EUR/GBP Await ECB. Breakout or Breakdown Ahead?
This article offers a detailed analysis of EUR/USD and EUR/GBP, considering both fundamental and technical viewpoints ahead of the ECB decision. It also examines important price levels that may come into play next week.
Australian Dollar Forecast: RBA – From Implicit to Explicit – Crunch Time
The Australian Dollar is struggling to gain traction but the RBA might be posturing toward a more hawkish stance and it may manifest in CPI remains robust. Where to for AUD/USD and EUR/AUD?
British Pound (GBP) Weekly Forecasts: GBP/USD and EUR/GBP
Sterling is drifting lower against a range of currencies and this looks likely to continue next week
US Dollar Forecast: DXY at the Mercy Geopolitical Developments
The Dollar Index (DXY) roared back to life as concerns of escalation and spread in the Middle East has seen the US Dollar benefit from its safe have appeal and remains key in the week ahead.
Crude Oil Forecast: Threat of Broader Conflict, Sanctions Spooks Oil Markets
Friday the 13th witnessed a surge in oil prices ahead of the weekend as Israel threatens to take the war to another level. The Israel-Hamas set to intensify