US Dollar Price Forecast: DXY to Slide Lower Ahead of FOMC Rate Decision
The Federal Reserve’s dovish stance may counterbalance a series of robust economic data prints and limit the US Dollar’s upside against its major counterparts.
Crude Oil Prices Down on Asian Demand Concerns Amid Viral Resurgence
Crude oil prices retreated slightly as viral resurgence in Japan and India clouded Asia’s energy demand outlook. This week’s OPEC+ meeting will be closely eyed by oil traders.
Gold Prices Rebound as the USD Falls, Japan in State of Emergency Again
Gold prices rebounded modestly amid a weakening US Dollar. Japan declared a new state of emergency in Tokyo, Osaka and two other prefectures as Covid cases surged, buoying demand for safety.
US Dollar Outlook: SGD, IDR, PHP, THB Eyeing Fed and US Fiscal Policy Impact
The US Dollar remains vulnerable to ASEAN currencies with the Fed on tap. Rising corporate and capital gains tax hike bets may pressure Treasury yields, boosting Emerging Market FX.
Dow Jones, Hang Seng, ASX 200 Outlook: FAANG Results in Focus as Earning Season Peaks
Stocks on Wall Street closed broadly higher on Friday as investors anticipated strong earnings from FAANG companies this week. The Fed and BoJ interest rate decisions and Chinese PMI data will also...
USD/JPY May Rise at Trendline Support Following Bank of Japan Rate Decision
USD/JPY is testing trendline support following a third weekly loss. Yen traders will have their eyes on the upcoming Bank of Japan rate decision this week.
Markets Week Ahead: EUR/USD, Nasdaq, Gold, Fed, Earnings, GDP & Inflation
Markets look ripe for volatility next week. What are EUR/USD, Nasdaq, and gold traders watching out for with the Fed decision, equity earnings, and release of GDP and inflation data on deck?
S&P 500 Forecast: Will Strong Earnings Shelter Stocks from Tax-Motivated Selling?
Strong Q1 earnings and upbeat economic data may shelter the US stock market from tax headwinds. Investors are eyeing FAANG results this week amid worsening pandemic situations elsewhere in the world.
Sentiment Indicators: Using IG Client Sentiment
IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.
Mexican Peso Weekly Forecast: USD/MXN Bears Remain in Control
The Mexican Peso holds its ground against the US Dollar despite slow vaccinations and a move away from risk.