Gold Pullback Extends After NFP Print Rejuvenated the Dollar, US Yields
NFP data hinted once again that the labour market is resilient, cooling aggressive rate cut expectations and providing the dollar with a helping hand
Bitcoin (BTC/USD) Price Forecast: Eyes on $40k Support as ARK Sell More Coinbase (COIN) Shares
Bitcoin failed in its attempt to break the $45k handle prompting a pullback which could in part be down to profit taking. ARK sell more COIN shares to balance ETF weighting.
FTSE 100, Dax 40 and S&P 500 Lose Upside Momentum in Low Volume Trading
Outlook on FTSE 100, DAX 40 and S&P 500 ahead this week’s plethora of central bank meetings.
Euro Price Forecast: Colossal Data Filled Week for EUR/USD
EUR prices brace for upcoming US inflation data alongside FOMC and ECB rate announcements later this week
Markets Week Ahead: Gold, EUR/USD, GBP/USD, USD/JPY, US Inflation, Fed, ECB, BoE
The week ahead is likely to bring elevated market volatility, courtesy of impactful events on the economic calendar, including US inflation data, UK GDP figures, and significant monetary policy announcements from the FOMC, BoE and ECB.
US CPI, Fed Decision to Guide US Dollar, Setups on EUR/USD, USD/JPY, GBP/USD
This article examines the technical outlook for major US dollar FX pairs such as EUR/USD, USD/JPY and GBP/USD, dissecting the critical price thresholds that could come into play this week ahead of US inflation data and the Fed’s decision.
USD/JPY Weekly Forecast: Markets Peel Back Hopes for BoJ Policy Change
JPY upside may be slowing as NFPs showed a robust US labor market. This week sees the FOMC in action and US inflation to drive volatility.
November Jobs Report: Unemployment Falls and NFP Print Beats Forecast, DXY Advances
US Jobs data came in strong across the board today in a move which is likely to see Fed Chair Powell offer little in terms of a confirmation regarding potential rate cuts in 2024. Fed Swaps already pricing in less easing in 2024.
Gold (XAU/USD) Primed for US NFPs, Is Another Price Shock on the Cards?
Gold is one of many assets that is waiting for the latest US Jobs Report later in the session. This week gold started with a sudden burst of volatility – will we see the same again today?
FTSE 100 Grinds Higher while Dax 40 and S&P 500 Stall Ahead of US Employment Data
Outlook on FTSE 100, DAX 40 and S&P 500 ahead of Friday’s NFP employment data.