Bitcoin (BTC/USD) Forecast: Bitcoin Remains Range-Bound, Clinging to $34,000
Bitcoin prices are struggling to find direction in the aftermath of April’s top, which sent BTC/USD tumbling as much as 50%. Now, prices are range-bound. What are key levels to watch?
Dow Jones Retreats as Yields Fall, Regulatory Risk Weighs on Hang Seng Index
The Dow Jones pulled back from all-time highs as 10-year Treasury yields plunged, signaling near-term risk aversion. The Hang Seng Index fell for a sixth day amid rising regulatory scrutiny on tech...
Yen Q3 Fundamental Forecast: Road Ahead Remains Tough
The road ahead for the Japanese Yen in the third quarter remains tough, with USD/JPY perhaps looking to rise amid a less-dovish Federal Reserve amid persistent inflationary pressures.
Australian Dollar Forecast: Dovish RBA Adds to Delta Variant Woes for AUD/USD
The Australian Dollar continues to show weakness versus the US Dollar as the Delta Covid variant drags on sentiment as Sydney's lockdown continues. Recent dovish comments from the RBA may pressure ...
Gold Price Looks to FOMC Minutes as Catalyst for Volatility
Gold edged slightly higher to challenge the psychologically-significant $1,800-price level on Tuesday as bond yields dropped. Gold volatility might accelerate with FOMC minutes due Wednesday.
Canadian Dollar Price Forecast: USD/CAD Rallies to Resistance as Crude Falls
USD/CAD is in the midst of a breakout as USD strength and crude oil volatility work to drive the Canadian Dollar lower. With bulls in control, USD/CAD may look to take out overhead resistance.
Canadian Dollar Price Forecast: USD/CAD Rallies to Resistance as Crude Falls
USD/CAD is in the midst of a breakout as USD strength and crude oil volatility work to drive the Canadian Dollar lower. With bulls in control, USD/CAD may look to take out overhead resistance.
Gold Price Forecast: Gold Bulls Make a Push from Neckline Support
Gold found support at a double-bottom neckline and has since rallied by more than $60 off of the lows.
June ISM Services Slows but Stays Healthy, Dollar Fails to Stage a Large Move
June ISM services cools to 60.1 from an all-time high of 64 in May, but manages to grow at a good pace for the 13th consecutive month, a sign that recovery continues, albeit at a slower rate.
USD/ZAR Outlook: South Africa Rand Resolute Despite Stronger Dollar
The South African rand opened up the week relatively strong against the dollar which was lifted by surging commodity prices. This has not changed the local outlook but some new short-term levels co...