US equity indices continue to make fresh year-to-date highs in a reflection of the uptrend. However, extreme optimism, overbought conditions, and overcrowded positioning pose a minor setback risk, especially if earnings disappoint.
Schlagwort-Archiv: Market
US Dollar Forecast: Will Powell Quell the Recent USD Resurgence?
The US dollar pared a sizeable portion of the July selloff as G7 currencies broadly weaken. Will Powell leave the door open to more hikes or admit progress on inflation?
Euro Forecast: EUR/USD and EUR/GBP’s Path Tied to Fed and ECB Policy Outlook
There are many high-impact events on the economic calendar next week, but the most important catalysts for EUR/USD and EUR/GBP will be the Fed and ECB monetary policy announcements.
Japanese Yen Forecast: USD/JPY, EUR/JPY at the Mercy of Intervention Talk
Yen weakness continued this week and was met with comments from Japanese Officials on possible FX Intervention ahead of ‘Central Bank Week’. At what point will Japanese Officials step in?
Gold and Silver Prices Forecast: XAU/USD and XAG/USD Left Uncertain as Gains Vanish
Gold and silver prices disappointed traders as these precious metals gave up their upside progress. Is this undermining the XAU/USD and XAG/USD outlook for the week ahead?
Australian Dollar Forecast: AUD/USD Sinks but US Dollar Might Be Key
The Australian Dollar has struggled to make ground despite strong local data as the US Dollar machinations continue to ricochet across markets. CPI lies ahead. Will it hit AUD/USD?
British Pound (GBP) Forecast: GBP/USD and GBP/JPY Outlooks Diverge
The British Pound turned lower against a range of currencies this week after inflation data missed expectations, but GBP/JPY moved higher Friday.
Renewed Weakness in US Dollar: EUR/USD, GBP/USD, USD/JPY Price Setups
The US dollar’s fall to new multi-month lows against its peers coupled with the break below key support levels is a sign of renewed bearishness in the greenback. What is the outlook for EUR/USD, GBP/USD, and USD/JPY?
US Crude Oil Weekly Forecast: Upbeat Market Looks To China GDP
Crude oil prices have risen for a third straight week bolstered by a wide variety of support and this trend looks likely to continue.
Gold Weekly Forecast: Breakout Fails to Kick on as Technicals Flash Mixed Signals
Spot Gold attempted a slight recovery on Friday as the $1960 handle continues to hold firm. Can Gold prices finally kick on toward the coveted $2000/oz mark?