Weekly Fundamental Euro Forecast: Shifting ECB Hike Odds Prove Supportive
The ECB has come to terms with the fact that it will need to raise interest rates this summer.
Markets Week Ahead: S&P 500, US Dollar, Gold, FOMC Minutes, New Zealand Dollar, RBNZ
The worst losing streak for the S&P 500 since 2001 will continue to keep traders on their toes. US data could underscore a hawkish Fed, bolstering the US Dollar at the expense of gold. The RBNZ is …
S&P 500 Forecast for the Week Ahead: Bear Market Beckons as Recession Fears Rise
The S&P 500 could remain biased to the downside in the coming days on overly bearish sentiment. The April US PCE report could be the next big catalyst for stocks.
US Dollar Technical Forecast: DXY Snaps Six-Week Streak- USD Levels
US Dollar snapped a six-week rally into resistance and threatens a deeper pullback within the broader uptrend. The technical levels that matter on the DXY weekly chart.
Gold Price Rebound May Fail as Top Central Bankers Sound Off
Gold prices managed to rise last week – snapping a month-long losing streak – but hawkish guidance from the world’s top central bankers may put the yellow metal back on defense.
USDCAD Outlook Choppy but Loonie Crosses Face Reversal Risk
The Canadian Dollar is backed by one of the most aggressive central bank rate forecasts amongst the majors while growth forecasts are holding up pretty well. Despite that, the currency has generall…
US Dollar Outlook: Recession Woes Take Their Toll, but USD May Prevail Anyway
The US Dollar lost its footing last week as markets grew more concerned about a recession. FOMC minutes and the Fed’s preferred inflation gauge could offer the USD some life ahead.
S&P 500 a Whisker Away from Technical Bear Market, Nasdaq Lower
The S&P 500 has been flirting with the 20% decline from the January high while the Nasdaq weekly chart appears oversold, suggesting a slow-down in the sell-off next week
Bitcoin Outlook: Stocks and Cryptos Struggle to Rebound, FOMC Looms
Bitcoin, Ether and altcoins remain range-bound as fundamental and technical factors drive price action. Risk sentiment limits gains as FOMC meeting looms.
Crude Oil Forecast Relegated to Volatile Range Until Either 115 or 100 Breaks
US crude oil is not simply biding its time amid more active conditions in the broader financial system. The commodity continues to exhibit significant realized volatility and has played out 10 to 1…