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?
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?
US stocks enjoyed another prosperous week as US inflation surprised to the downside, sending the dollar sharply lower and stocks higher. Q2 Earnings up next
The Australian Dollar got a spring in its step last week as the US Dollar tumbled following soft inflation readings. A new RBA Governor might mean more of the same for monetary policy.
The Japanese yen could remain biased to the downside early in the third quarter in response to monetary policy divergence between the Bank of Japan and other developed market central banks.
The S&P 500 and the Nasdaq 100 index’s break above key resistance confirms that the 2022-2023 downtrend has ended, raising the odds of a resumption of the long-term uptrend. While Nasdaq looks a bit tired, DJIA appears to be on the verge of a bullish break.