Gold Price Forecast: XAU/USD Falls to Fresh Lows Ahead of FOMC
Gold prices are putting in a fast move to start the week following the April reversal. This morning marks fresh two-month lows for the yellow metal.
Commodities appear at higher risk of 2008- style pump-and-dump
Commodities are at increasing risk this year of a wild ride akin to 2008, a development that may shine on gold.
US Dollar Technical Analysis: DXY, EUR/USD Set up to Reverse
The DXY has stalled for the moment around the 2017 high and at risk of a correction; EUR/USD as the largest component set up to bounce.
Euro Under Pressure as US Dollar Soars Ahead of Fed Hikes. New Lows For EUR/USD?
The Euro has been caught in the crossfire of a roaring US Dollar on the back of climbing rate hike expectations from the Fed this week.
Nasdaq 100 Worst Month Since 2008 Saw Japanese Yen Find Love Friday, Where to?
The Nasdaq 100 tumbled in the worst month since 2008, finally giving the anti-risk Japanese Yen some breathing space. Will this trend continue to start off the trading week in Asia?
Markets Week Ahead: Dow Jones, USD, GBP/USD, AUD/USD, Gold, FOMC, NFP, China, RBA, BoE
Traders face an event-heavy week with all eyes on the Federal Reserve’s interest rate decision. The implications for the US Dollar and gold could be huge. The US NFP report, RBA, BoE and China are …
S&P 500 and FTSE 100 Forecasts for the Week Ahead
S&P 500 posts worst month since 2020 Covid crash. All eyes on Powell for direction.
US Dollar Technical Forecast: DXY Exhausts into 19-Year Highs
US Dollar surged for a fourth consecutive week before pulling back from fresh multi-year- exhaustion into May? The technical levels that matter on the weekly chart.
Oil Price Forecast: WTI and Brent Biased Higher as Supply Fears Remain at the Fore
Oil is likely to remain supported in the short term amid expectations Europe will soon announce a plan to ban Russian oil imports and bets that the JCPOA nuclear deal will not be reinstated soon.
Euro Forecast: EUR/USD Selloff Stalls Ahead of Fed Rate Decision
The Federal Reserve interest rate decision is likely to sway EUR/USD as the central bank is widely expected to normalize monetary policy at a faster pace.