Dow Jones & DAX 30 Forecasts for the Week Ahead
The Dow Jones might struggle to regain its footing as investors look to rotate out of value stocks and back into high-growth technology stocks. Meanwhile, the DAX 30 awaits inflation and employment...
AUD/USD Rate Snaps Five Day Rally with RSI Tracking Downward Trend
The rebound in AUD/USD appears to be stalling after posting its longest stretch of gains since August 2020, with the RSI tracking the downward trend established in May.
FX Week Ahead - Top 5 Events: Chinese & US Manufacturing PMIs; Eurozone Inflation; US NFP & Unemployment Rate; US Holiday
The final days of June and first days of July bring forth a mixed macro calendar.
GBP/USD & EUR/USD Longs Capitulate on USD Short Squeeze - COT Report
Euro and GBP feel the bulk of the US Dollar short squeeze.
US Dollar Technical Forecast: USD in Key Zone, PMI, NFP on Deck
The US Dollar has held on to a large portion of the FOMC-fueled gain, but USD bulls face their first major test in this week's PMI and NFP releases.
Gold Price Susceptible to NFP Report amid Looming Fed Exit Strategy
The price of gold may face headwinds ahead of the US Non-Farm Payrolls (NFP) report as Fed officials show a greater willingness to scale back monetary support.
USD/ZAR Forecast: Rand Donates Recent Gains as SA Enters Level 4 Lockdown
South Africa faces renewed lockdown measures, potential turning point for USD/ZAR?
Australian Dollar Forecast: AUD/USD Consolidating as Key Resistance Holds
AUD reaction to renewed lockdown limited, key US data to driver sentiment this week.
British Pound Price Outlook: Unfazed by Political Rout, GBP/USD Picking Up Bullish Momentum
GBP/USD is building up to a bullish breakout after bouncing off trendline support
Crude Oil Prices Hit $74 ahead of OPEC+ Meeting on Demand Optimism
WTI crude oil prices hit fresh two-and-half year highs as the demand outlook strengthens. OPEC+ is planning to raise output at a meeting this week amid tightened market conditions.