Weekly Fundamental US Dollar Forecast: Will Hot Inflation Spark US Yields Again?
The US Dollar (via the DXY Index) has dropped back as the calendar moved into mid-July on the back of declining Fed rate hike expectations and collapsing US Treasury yields.
Australian Dollar Fundamental Forecast: AUD/USD Rebounds as Bond Yields Recover
The Australian Dollar faces a tough short-term outlook, with the risk-sensitive currency facing a questionable economic recovery as the Delta variant continues to rip through the world.
Bitcoin (BTC), Ethereum (ETH) Waiting For a Shot of Volatility, Elon Musk Backs Dogecoin, Again
The cryptocurrency market continues to crab sideways as bulls and bears battle for dominance. Both BTC and ETH need a volatility boost to break lethargic market conditions
Copper Price Forecast: Technicals Stabilizing, Fundamentals in Question
Copper prices have almost staged a meaningful recovery in July. Just not quite yet.
British Pound Outlook Hinges on UK CPI, Employment Report
Fresh data prints coming out of the UK are likely to sway the near-term outlook for GBP/USD as BoE Governor Bailey insists that the “economy is bouncing back rapidly.”
DiDi, U.S. Treasury Yields & OPEC+ – FinTwit Trends to Watch
FinTwit is gathering steam these past few weeks as market trends continue to intensify. This week Chinese ride service firm DiDi, U.S. treasury yields and OPEC+ disagreements are dominating headlines.
Euro Forecast: EUR/USD Rebound Generates RSI Buy Signal
Recent developments in the Relative Strength Index (RSI) indicate a larger rebound in EUR/USD as the oscillator pushes back above 30 to offer a textbook buy signal.
USD/CAD Drops, CAD/JPY Climbs on Mixed Canadian Jobs Report
The Canadian Dollar is staging a nice rebound during early Friday trade with the Loonie stronger against the US Dollar and Japanese Yen as USD/CAD and CAD/JPY react to the latest employment data.
NZD/USD Price Outlook: Trading Range Develops Ahead of RNBZ Rate Decision
The Kiwi Dollar looks to have settled into a trading range ahead of the RNBZ rate announcement next week where no change to the rate is expected
South African Rand Dollar Price Forecast: USD/ZAR Poised for Bullish Breakout?
The South African Rand remains resilient against the US Dollar as price action remains suppressed at major resistance.