Gold Price Outlook: XAU/USD Top in Play as 10-Year Treasury Yield Rebounds?
Gold prices weakened as the 10-year Treasury yield gained. As US retail sales and PPI data loom, XAU/USD could be vulnerable to a top after a key trendline was taken out.
Crude Oil Forecast: Price Eyes 2018 High as Air Travel Boosts Bullish Narrative
Crude oil prices moved above $71.00, eyeing the October 2018 high as increased air travel amid economic reopenings boosted the picture for demand.
Crude Oil Forecast: Price Eyes 2018 High as Air Travel Boosts Bullish Narrative
Crude oil prices moved above $71.00, eyeing the October 2018 high as increased air travel amid economic reopenings boosted the picture for demand.
Nasdaq 100 Hits All-Time High, Hang Seng and ASX 200 May Follow
The Nasdaq 100 rallied 0.93% and closed at a record on Monday, setting a positive tone for Asia-Pacific markets at open. The RBA meeting minutes and US retail sales data will be in focus today.
AUD/USD Eyes RBA Minutes After Iron Ore Rally Fails to Lift Aussie Dollar
The Australian Dollar may be set for movement on today's RBA meeting minutes after rising iron ore prices failed to help bolster AUD/USD.
FX Week Ahead - Top 5 Events: Fed Meeting; US Retail Sales; Canadian & UK Inflation Rates; Australian Jobs Report
The third week of June brings forth a saturated macro calendar.
GBP/USD Eyes Trend Support as US Dollar Awaits Fed Dot Plot
GBP/USD price action has drifted lower with UK covid cases back on the rise, but the cable's direction likely hinges on how the US Dollar responds to the Fed dot plot update and threat of tapering.
Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead
The US indices await the June Fed meeting for clarity on economic projections, the state of inflation and the probable path of monetary policy. With much on the line, the event could revive volatil...
AUD/USD Rate Stuck in Defined Range Ahead of Fed Meeting
The Federal Reserve rate decision is likely to sway the near-term outlook for AUD/USD as the central bank is slated to update the Summary of Economic Projections (SEP).
Has Bitcoin Bottomed? PTJ Makes Crypto Bull Case (Again)
Bitcoin (BTC/USD) put in a fresh higher-high this morning as a couple of high-profile market participants added some supportive commentary on the matter.