Long EUR/HUF, USD/HUF: Q3 Top Trading Opportunities
Back at the end of June, the National Bank of Hungary became the first of the European Union’s central banks to start increasing interest rates to ward off the possibility of inflation taking off a...
Iron Ore to Rise Further as US Infrastructure Deal Aids Recovery Outlook: Q3 Top Trading Opportunities
Iron ore prices look primed to rise further in Q3 as a developing US infrastructure plan underpins an already bright outlook amid a global recovery.
Gold (XAU/USD) Forecast: Gold Holds Firm Despite Positive NFP Report
Gold prices edge higher but can they break through 1800 hurdle?
DAX 30 Tightens Range as it Nears the Tip of a Triangle Pattern, Focus on Upcoming Earnings Season
The DAX 30 resumes its pullback as the recent rally looks exhausted
British Pound (GBP/USD) Nudges Higher, UK PMIs Beat Original Forecasts
Sterling opens the week marginally better bid against a range of currencies, although trade is quiet with the US on holiday.
Canadian Dollar Forecast: Data to Support Upbeat BoC, OPEC Shock is a Risk
USD/CAD pullback stemming from softer USD, eyes on Canadian data and OPEC talks.
GBP/JPY May Fall as the Fed Feeds Yen Real Yield Advantage: Q3 Top Trading Opportunities
The Yen may rise against the British Pound as policy pivot from the US Federal Reserve boosts real yield spreads in favor of the Japanese currency.
Crude Oil Prices Hit $75 as OPEC+ Meeting Stalls on Output Hike
WTI crude oil prices are hovering at around $75/bbl as traders await output guidance from OPEC+ after Friday’s meeting ended without a deal. Prices remain in an upward trajectory amid demand optimism.
Australian Dollar Correction Brewing: Q3 Top Trading Opportunities
AUD/USD trades to a fresh 2021 low (0.7477) in June as Federal Reserve officials project two rate hikes for 2023, and the exchange rate may continue to give back the V-shape recovery from 2020 as t...
Gold Prices Rebound as the US Dollar and Yields Fall After Strong NFP
Gold prices traded higher as the US Dollar and Treasury yields retreated following the release of strong US nonfarm payrolls data. Prices may attempt a breakout as the MACD indicator forms a bullis...