The US Dollar took a breather last week, with a still-tight labor market leaving the door open for the Fed to resume tightening in July. A lack of key economic data ahead places DXY’s focus on Wall Street.
Schlagwort-Archiv: Market
S&P 500, Nasdaq Week Ahead: US Stocks Surge Despite Jobs Data Beat
US stocks head into the weekend buoyed by a more dovish Fed, a debt ceiling deal, and stable average hourly earnings. However, signs of overheating emerge
Australian Dollar Outlook: The RBA Might Surprise Doves
The Australian Dollar recovered from a fresh low last week with the US Dollar ricocheting on the debt ceiling resolution, but the RBA could play a bigger role in the week ahead.
Gold Prices at Risk of Deeper Correction on Surging Real Yields, USD Strength
Gold prices could continue to slide in the near term if real yields and the U.S. dollar extend their rebound on the back of a hawkish repricing of the Fed’s policy outlook.
US Dollar Weekly Outlook: Will US Debt Ceiling Deal and Jobs Report Boost DXY Further?
The US Dollar climbed 3 percent over the past 3 weeks, sustained by economic data that has been pouring cold water on Fed rate cut bets. Ahead, eyes turn to US non-farm payrolls.
S&P 500, Nasdaq Week Ahead: Momentum Surges on Debt Deal Optimism
US equity indices look set to extend gains in the coming week on rising hopes of a deal to raise the US debt ceiling. What are the key levels to watch in the S&P 500 and the Nasdaq 100 index?
Australian Dollar Outlook: US Dollar Dominates Proceedings
The Australian Dollar collapsed last week with the US Dollar regaining broad-based ascendency as Treasury yields moved north on a tilt in the Fed rate path.
Crude Oil Outlook Dims on Debt Limit & Recession Risks, Double-Top Pattern Eyed
Crude oil prices may head lower in the near term, dragged down by recession risks and the U.S. debt ceiling impasse, with a double top pattern reinforcing bearish signals.
US Dollar Weekly Forecast: DXY Breaks Higher Ahead of the Fed’s Key Inflation Gauge
The US Dollar extended its winning streak alongside Treasury yields as markets priced out Fed rate cuts. Ahead, will the Federal Reserve’s preferred inflation gauge support DXY’s key breakout?
Japanese Yen Weekly Outlook: USD/JPY Triangle Breakout, Key US Data in Focus
The Japanese Yen extended its losing streak against its major counterparts, largely driven by external factors as Treasury yields climbed. Will USD/JPY continue its push higher?