EUR/USD Weekly Forecast: Stern Powell Keeps Pressure on Euro
EUR/USD prices enter the week facing multiple economic data reports including US and euro area CPI.
USD/CAD Technical Outlook: Mixed Technical Signals Could Halt Upside Rally
Bank of Canada Deputy Governor issues hawkish message but CAD slide continues. What do the technicals tell us?
Gold (XAU/USD) Slips Lower After Fed Powell’s Warning, UST 30-Year Bond Sale Flop
Fed Chair Powell reminded the market yesterday that the US central bank would hike interest rates again if needed, while Thursday’s US long-bond auction misfired badly
FTSE 100, S&P 500 and Russell 2000 Come off this Week’s Highs on Hawkish Fed Comments
Outlook on FTSE 100, S&P 500 and Russell 2000 as Fed Chair Jerome Powell states that that it is too early to definitely announce the conclusion of the central bank’s hiking cycle.
RBA Minutes Reveal the Prospect of Another Hike, AUD Fails to Respond
The RBA discussed a pause during the November meeting but decided a hike would provide more assurance on inflation. Latest forecast suggests room for one more hike
GBP Breaking News: 0% Growth for UK in Q3
GBP prices depreciated marginally against the USD after UK GDP highlighted the tough environment facing the UK economy.
Crude Oil, Mexican Peso Forecast: WTI Eyes $75 Level, Banxico Pivots
WTI crude oil prices are edging toward the $75.00 level.. Israel’s decision to enact a cease fire for humanitarian aid has reduced geopolitical risks in the Middle East, exacerbating downward pressure in the energy market.
US Dollar Flies on Hawkish Powell – Setups on EUR/USD, USD/JPY, AUD/USD, Gold
The U.S. dollar rallies on rising U.S. yields and hawkish comments from the Federal Reserve chairman, complicating the outlook for the euro, Japanese yen and Australian dollar.
Oil Price Forecast: WTI Eyeing a Rebound After Slipping Below 200-Day MA
Oil prices may be eyeing a recovery despite the worsening global outlook and rising demand concerns. Will Bulls be able to drive a retest of the $80 a barrel mark?
Gold, Silver Prices Perk Up, Palladium in Freefall, Key Levels for XAU/USD, XAG/USD
This article examines the near-term outlook for gold and silver prices, analyzing the fundamental and technical factors that could guide the trajectory of these key precious metals.