USD/MXN Price Outlook: Mexican Peso Eyes Banxico Rate Decision
USD/MXN price action is in the crosshairs headed into the Banxico interest rate decision due later this week. Dollar-Peso volatility could also accelerate in response to US inflation data on deck.
NZD/USD Rate Outlook Mired by Failure to Test March High
The failed attempt to test the March high (0.7303) may generate range bound conditions in NZD/USD as it snaps the series of higher highs and lows from the previous week.
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
The BOE and the ECB won’t meet again for six weeks. Nevertheless, speculation around what they may do next continues to drive markets.
Bitcoin Price Forecast: BTC/USD Threatens Bearish Reversal on Wedge Break
Bitcoin is at risk of a larger downturn after breaking beneath support to start the week. As a result, bulls may seek out secondary support from psychological levels and recent lows alike.
USD/CAD Eyes September 2017 Low as RSI Sits in Oversold Zone
The oversold reading in the Relative Strength Index (RSI) may continue to coincide with a further decline in USD/CAD like the behavior seen in December.
Will Lumber Prices Prick US Housing Bubble or Will Low Mortgage Rates Prevail?
There’s a lot of chatter among market participants about the state of the US housing market.
USD/ZAR Forecast: South African Rand Watchful Ahead of U.S. Inflation
U.S. inflation fears may prolong Rand strength and potentially breach January 2020 lows on USD/ZAR.
Nasdaq 100 (NDX) Crumbles as US Inflation Fears Re-Ignite
A heavy sell-off overnight in the Nasdaq 100 has gathered pace in Europe with tech heavyweights registering further losses
How to Short Sell a Stock When Trading Falling Markets
Short selling is a great way to trade on a falling market. Learn how to short stocks
DAX, EUR Update - Reflation Trade Back On After Nasdaq Meltdown, USD Attempting Comeback
Inflation concerns revive the reflation trade, causing tech stocks to unwind some of their gains