Gold Price Forecast: Gold Bears Threaten Bigger Break After 2k Reversal
Gold changed a lot in a week – after breaking out to 2k last week prices have already reversed to test through 1900, and bears may have more room to work.
AUD/USD, JPY in Focus as APAC Trading Kicks Off as Fed Bets, BOJ Eyed
The Australian Dollar and Japanese Yen are in focus after hawkish Fed rhetoric supercharged the US Dollar last week. AUD/USD and USD/JPY’s direction may be telling for the week ahead.
US Dollar Quickly Claws Back to the Highs – Threatens Topside Break
The US Dollar finally put in a pullback this week but bulls were unwilling to wait around, and helped to prod price right back to resistance with some help from Jerome Powell.
US Dollar Soars on Hawkish Powell Booting Bonds Lower as Yields Rise. Where to for USD?
The US Dollar was further boosted after Federal Reserve Chair Jerome Powell made it clear that a 50 basis-point hike is coming in May. Will USD uptrend continue?
AUD/USD Falls as US Yield Surge Pressures Risk-Sensitive Currencies Against US Dollar
The Australian Dollar fell overnight as a surge in Treasury yields boosted the US Dollar. Australian PMI data showed the Aussie economy’s recovery is gaining steam. Japanese CPI data is in focus to…
S&P 500, Nasdaq 100, Dow Jones Forecasts: Variance in the Bounce
Equities have tacked on a recovery so far this week and are getting a boost from Tesla this morning, but the Fed looms for early-May and the variance in bounces amongst equity indices may be highli…
The DAX 40 has held up despite uncertainty of German energy supply from Russia coming under further scrutiny.
The DAX 40 remains range bound amid energy uncertainty, continuing geopolitical conflicts and inflationary pressures. Can the DAX rally?
USD/CNH Surges Despite US Dollar Weakness as Fed Pressures PBOC
The Chinese Yuan continued to weaken overnight as China’s yield advantage evaporates versus the US as an aggressive Fed path pressures the PBOC. APAC traders are digesting New Zealand inflation dat…
US Dollar Pullback Begins: EUR/USD, GBP/USD, AUD/USD, USD/JPY
The US Dollar pullback has begun. But where will support show – and which major pairs are most enticing when plotting support plays in the USD?
Japanese Yen Melts as Fed and BoJ Policies Diverge. How High for USD/JPY?
The Japanese Yen is at 20-year lows against the US Dollar as the Fed and Bank of Japan go down different roads. Where to for USD/JPY?