USD/CAD to Eye Yearly High on Smaller BoC Rate Hike
USD/CAD may attempt to retrace the decline from the yearly high (1.3978) as the Bank of Canada (BoC) is expected to deliver a smaller rate hike.
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USD/CAD to Eye Yearly High on Smaller BoC Rate Hike
Euro Forecast for the Week Ahead: EUR/USD Eyes Jumbo ECB Rate Hike as Recession Looms
The Euro is facing an anticipated 75-basis point rate hike from the European Central Bank in the week ahead. Despite recession woes, the ECB will likely press on to fight persistent inflation.
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Euro Forecast for the Week Ahead: EUR/USD Eyes Jumbo ECB Rate Hike as Recession Looms
Gold Prices Eye US PMI, Jobless Claims Data as FOMC Members Go Dark
Gold prices fell last week as Treasury yields rose amid hawkish Fedspeak. With a FOMC blackout period among us, traders’ focus turns to economic data. US PMI data is front and center for gold and rate hike bets.
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Gold Prices Eye US PMI, Jobless Claims Data as FOMC Members Go Dark
Crude Oil Technical Forecast: Breakout on the Cards?
An ascending triangle continues to form on the WTI chart, could a breakout materialize in the near future?
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Crude Oil Technical Forecast: Breakout on the Cards?
BTC/USD Price Outlook: USD Strength & Rising Yields Hold Bitcoin Back
In an environment where persistent inflation, hawkish central banks and economic uncertainty continue to drive sentiment, cryptocurrency and stocks remain vulnerable to geopolitical risks.
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BTC/USD Price Outlook: USD Strength & Rising Yields Hold Bitcoin Back
Volatility Ahead with USDJPY Intervention, US GDP for S&P 500, ECB Rate Decision for EURUSD
A listless week punctuated by an opportunistic and desperate intervention by the Bank of Japan will transition into a heavier bout of trading conditions ahead. Technical boundaries will strain against heavy event risk including US 3Q GDP, the ECB and BOJ rate decisions, FAANG earnings and much more.
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Volatility Ahead with USDJPY Intervention, US GDP for S&P 500, ECB Rate Decision for EURUSD
Australian Dollar Outlook: Crucial CPI Data May Prompt RBA Action
The Australian Dollar has been chopped up of late as the global macro environment has created a high degree of uncertainty, but domestic CPI will be the focus in the week ahead.
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Australian Dollar Outlook: Crucial CPI Data May Prompt RBA Action
British Pound Forecast: Increased GBP Volatility as Tory MPs Decide on a New Leader
After a week of complete turmoil and the PM’s resignation, things will get no better next week as the search for the next PM concludes.
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British Pound Forecast: Increased GBP Volatility as Tory MPs Decide on a New Leader
FTSE 100 Uncertainty Lingers Ahead of Bank Earnings
The UK FTSE 100 has managed to hold onto gains despite political turmoil that continues to threaten the British Pound. Will next week’s earnings provide a fresh catalyst for the UK index?
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FTSE 100 Uncertainty Lingers Ahead of Bank Earnings
EUR/USD Outlook: 0.9850 Holds Firm as ECB Meeting Comes into Focus
The pair has largely traded in a 120 pip range this week and lacks clear direction. Will the ECB provide a catalyst for its next move?
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EUR/USD Outlook: 0.9850 Holds Firm as ECB Meeting Comes into Focus