US PCE data provided the catalyst to help the dollar end the week flat. Will concerns around re-accelerating inflation emerge in the FOMC statement, buoying USD?
Schlagwort-Archiv: Market
British Pound Weekly Forecast: GBP/USD Perks Up, Downtrend Still Dominant
The British Pound heads into what promises to be a fascinating new trading week in stronger form against the United States Dollar
Euro Weekly Forecast – EUR/USD, EUR/GBP Fundamental, Technical and Sentiment Analysis
The Euro is drifting lower going into the weekly close. Next week, economic data and events may see EUR/USD and EUR/GBP resistance and/or support levels tested again.
Gold Weekly Forecast: XAU/USD Bull Trend Refuses to Quit
Gold trades higher, seemingly impervious to the dollar’s strength and elevated US yields. Buoyed by safe haven appeal and central bank buying, XAU/USD uptrend persists
British Pound Weekly Forecast: Lighter Data Week Could Mean Some Respite
The Pound is holding above 1.2400 but is under clear pressure and the bulls will have a fight on their hands to keep it above that psychologically important level this week.
Euro Weekly Forecast: Geopolitics and Heavyweight US Data Will Run EUR/USD Next Week
The European Central Bank has made it clear that interest rates are coming down, with the June meeting very much a live event, but the Middle East crisis and a slew of high US data will control EUR/USD next week.
US Dollar Weekly Forecast: USD to Remain Supported via Fed, ECB Policy Divergence
Strong growth, inflation and jobs data keeps US rates on hold, while disinflation and stagnant growth in the EU tees up a June rate cut. The likely policy divergence favours USD
British Pound Forecast – Will UK Data Help Stem the Latest GBP/USD Sell-Off?
UK jobs and inflation data released next week may give cable a reprieve after a resurgent US dollar sent GBP/USD tumbling to a multi-month low.
Gold Price Weekly Forecast – Fresh Record Highs on Heightened Israel/Iran Fears
Gold is pressing further into record high territory as escalating tensions between Israel and Iran continue to fuel the precious metal’s safe-haven bid
Euro Forecast: April ECB Meeting Likely to be a Prelude for a June Cut
The euro recovers ahead of the ECB meeting which is likely to point to June for that first rate cut. Encouraging sentiment data and soft inflation provide conflicting dynamics