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?
Schlagwort-Archiv: Market
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?
Gold Weekly Forecast: Flight to Safety May Prompt Bullish Continuation
The outlook has improved for gold after debt ceiling talks stall, Yellen warns of further potential bank mergers and Powell talks down rate hikes due to slowing credit
Australian Dollar Outlook: AUD Confirms Range Trade
The Australian Dollar had a look lower last week but managed to recover and is now firmly entrenched in the 3-month range despite risks in the macroeconomic environment.
US Dollar Outlook: Best Week of the Year Sets the Stage for Jerome Powell’s Speech
The US Dollar saw its best week of the year so far as CPI and consumer inflation expectations data cooled Fed rate cut bets. Will Chair Jerome Powell disappoint markets next?
Gold Weekly Forecast: XAU/USD Holds up Amid Sudden Dollar Rally
Gold prices eased into the weekend as yesterday’s dollar appreciation gains momentum on surprise inflation statistic. Safe haven demand likely to keep gold afloat
Australian Dollar Outlook: AUD Crunched with US Dollar Back on Top
The Australian Dollar collapsed to end last week with the US Dollar finding favour with increasing bets that the Fed will be cutting the target rate later this year.
US Dollar Forecast: After Another NFP Blowout, Will Markets Abandon Fed Cut Bets?
The US Dollar fell cautiously this past week as the Federal Reserve raised interest rates and Chair Jerome Powell was unable to suppress summer rate cut bets. Eyes turn to CPI and Fedspeak.
Gold Weekly Forecast: XAU/USD Whipsaws but Safe-Haven Appeal Remains
Gold has produced a phenomenal week of volatility with markets shifting from major risk aversion to surrendering most of its gains as US jobs data runs hot
Australian Dollar Outlook: RBA and Fed Hike but Sentiment Sways
The Australian Dollar finished stronger last week but mostly on the back of a struggling US Dollar with solid domestic data mostly ignored amid growing anxiety of where the US is headed.