New Zealand Dollar Forecast: Kiwi Grinds at Resistance- NZD/USD Levels
New Zealand Dollar continues to coil just below critical technical resistance. Here are the levels that matter on the NZD/USD weekly chart heading into June.
Current FX market trends and how treasuries can find opportunities, act more efficiently with automation
A scenario of selective 2021 dollar weakness across G10FX is intact, but we can’t see a one-way trade and some currencies may temporarily retreat when the dollar bounces next, given positioning and moves year-to-date.
Duds vs. studs: Corn, crude oil losing ground vs. Copper, gold
The optimism for recovery that’s priced in commodities is the risk for the rest of 2021, as we expect more of the same conditions from before the pandemic, favoring ones with low rather than high supply elasticity.
Silver Price Forecast: After Highest Weekly Close of 2021, Highs in Sight – Levels for XAG/USD
Silver prices are holding with their multi-month ascending triangle, remaining on track for a return to their yearly high at 30.1365.
US Dollar Technical Outlook: DXY Maintaining Status Quo, Weak
The DXY continues to act weak, with each rally met immediately by selling; long-term support levels may come into play in the days/weeks ahead.
Euro May Fall as CPI Data Sustains Dovish ECB, Dollar Eyes ISM
The Euro may fall if a pickup in inflation proves inadequate to inspire a rethink of ultra-dovish ECB policy. The US Dollar looks the ISM manufacturing survey for a lifeline.
US Dollar Technical Forecast: USD/SGD, USD/THB, USD/IDR, USD/PHP
The US Dollar is looking vulnerable again against most ASEAN currencies, with USD/SGD, USD/THB, USD/IDR and USD/PHP aiming to resume recent downtrends?