NZD/USD May Continue Lower as Biden’s Capital Gains Tax Plan Hammers Sentiment
NZD/USD may fall further on Friday after reports that US President Joe Biden's tax plan will nearly double capital gains rates on the most wealthy Americans.
Canadian Dollar Forecast: CAD/JPY Primed to Claw Back Downside
CAD/JPY price action could recoil back toward year-to-date highs as the Canadian Dollar strengthens on the heels of a relatively hawkish shift in BoC monetary policy.
Central Bank Watch: Fed Speeches, Interest Rate Expectations Update
Federal Reserve policymakers are heading towards their April rate decision next week, but that doesn’t mean policy is heading anywhere new soon.
USD/JPY Halts Eight Day Decline as US 10 Year Yield Defends April Low
USD/JPY attempts to halt an eight day losing streak as the 10-Year US Treasury yield appears to be defending monthly low (1.53%).
AUD Q2 2021 Technical Forecast
Heading into 2021, our ‘bottom line’ on the Aussie technicals noted, “the Australian Dollar price rally has matured with an advance of more than 37% off the yearly lows risking topside exhaustion i...
AUD Q2 2021 Technical Forecast
Heading into 2021, our ‘bottom line’ on the Aussie technicals noted, “the Australian Dollar price rally has matured with an advance of more than 37% off the yearly lows risking topside exhaustion i...
Dow, Nasdaq, S&P 500 Sink with Biden to Pitch 43.4% Capital Gains Tax
Major stock indices like the Dow, Nasdaq, and S&P 500 are free-falling during afternoon trade on Thursday in response to news that President Biden is set to propose a 43.4% capital gains tax rate.
Dow, Nasdaq, S&P 500 Sink with Biden to Pitch 43.4% Capital Gains Tax
Major stock indices like the Dow, Nasdaq, and S&P 500 are free-falling during afternoon trade on Thursday in response to news that President Biden is set to propose a 43.4% capital gains tax rate.
Ethereum (ETH/USD) Fresh Highs; BTC/USD, Dogecoin Back Down
Crypto mania has continued but this time, the focus has been on Ethereum. Both Bitcoin and Dogecoin remain more subdued, at least for now.
Euro Forecast: ECB Does Little, Euro Facing Turning Risk Trends - Setups in EUR/GBP, EUR/JPY, EUR/USD
The April ECB rate decision did little for the Euro – one way or the other. This leaves the currency at the whims of broader risk trends, which are eroding.