New Zealand Dollar Forecast: Covid Resurgence Puts Sentiment to Test
The New Zealand Dollar is trading largely unchanged as traders evaluate the growing risks posed by the quickly spreading Delta Covid variant.
Mexican Peso Short-Term Outlook Hinges on NFP Data, Levels to Watch in USD/MXN
USD/MXN volatility could rise in the coming days with the NFP report on tap for Friday. Strong employment data could boost the dollar, while a soft print is likely to benefit the Mexican peso.
Gold Price Forecast: Stability Prevails; Technicals Remain Concerning – Levels for XAU/USD
Gold prices haven’t been able to stage a significant recovery after their steep drop post-Fed.
Canadian Dollar Forecast: USD/CAD Bounce from Key Zone – Loonie Levels
USD/CAD has started to show characteristics of a short-term bullish trend, reversing a 14-month sell-off in the pair. Can bulls drive into 1.2500?
Gauging corporations’ transition to a carbon-free future
Jonas Rooze, Head of Sustainability Research at BloombergNEF, and Eric Kane, Head of ESG Research, Americas, at Bloomberg Intelligence, explain the thinking behind the new Bloomberg climate transition scores.
S&P 500, Dow Jones & Nasdaq 100 Technical Outlook Remain Divergent
The Nasdaq 100 continues to press into record territory while the Dow treads water; may see a rotation soon back in the other direction.
How vaccine nationalism risks prolong the pandemic: QuickTake
Public-health specialists warn that uneven access to the vaccines will prolong the pandemic, bringing more suffering and economic pain in a way that exacerbates global inequality.
US Dollar May Rise if ADP Jobs Data Supports Hawkish Fed Pivot
The US Dollar may extend higher if the ADP gauge of private-sector US jobs growth underpins a cautiously hawkish Fed monetary policy pivot.
Factor analysis shows how prolonged inflation will affect equity portfolios
The April inflation reading of 4.2% shocked investors, who haven’t seen levels that high since 2008.
Japanese Yen Outlook: USD/JPY, GBP/JPY Long Bets Offer Contrarian Signal Warning
The Japanese Yen could regain some footing as retail traders increase their upside exposure in pairs like USD/JPY and GBP/JPY, offering important contrarian indicator signals.