Gold Price Rebound Fizzles Ahead of 50-Day SMA
The price of gold may continue to track the negative slope in the 50-Day SMA ($1740) as it reverses ahead of the moving average.
Gold Price Rebound Fizzles Ahead of 50-Day SMA
The price of gold may continue to track the negative slope in the 50-Day SMA ($1740) as it reverses ahead of the moving average.
S&P 500, Nasdaq and Dow Eke Out Small Gains in Mixed Session
After struggling for direction for much of the day, U.S. stocks pushed higher in late trading, but finished the day off the session’s best levels.
S&P 500, Nasdaq and Dow Eke Out Small Gains in Mixed Session
After struggling for direction for much of the day, U.S. stocks pushed higher in late trading, but finished the day off the session’s best levels.
Euro Forecast: EUR/USD Price May Head Lower Ahead of German Election
While the meetings of central bankers in the US, Japan and the UK will be front, left and center of traders’ minds this coming week, it would be wise not to ignore next Sunday’s German Federal Elec...
Gold Price Outlook Hinges on Fed Rate Decision & Forward Guidance
The Federal Reserve rate decision is likely to sway the near-term outlook for the price of gold as the central bank appears to be on track to scale back monetary support.
Weekly Fundamental US Dollar Forecast: Taper Talk to Intensify at September Fed Meeting
The US Dollar (via the DXY Index) is trending higher as markets expect more taper talk at the September Fed meeting.
Japanese Yen Forecast: JPY Crosses Eye BoJ, CPI as Haven Flows Bolster Yen Strength
The Japanese Yen is eyeing the upcoming Bank of Japan rate decision and CPI figures, but JPY crosses will likely remain dependent on broader market sentiment.
Australian Dollar Outlook: Commodities Weigh on AUD/USD. Eyes on FOMC, RBA Minutes
The Australian Dollar remains hostage to commodity market gyrations, as low interest rates are unable to attract buyers. Will yields go higher to turn the AUD/USD around?
GBP/USD Forecast: China Risks, Fed & BoE Decisions, GBP Reversal?
Aside from the rising uncertainty in China over Evergrande default risks, two central bank decisions will dominate the market theme next week.