USD/TRY Forecast: Turkish Lira Awaits Central Bank Decision
USD/TRY eyes Turkish central bank as new Governor makes decision on monetary policy.
Gold (XAU) Price Outlook: Failing to Benefit From USD Weakness But Break Higher Likely
The price of gold continues to trade sideways but, if it breaks out, a move to the upside is more likely than a fall.
US Dollar Looks to Retail Sales, Jobless Claims Data for a Lifeline
The US Dollar looks to incoming retail sales and jobless data to revive reflation and Fed tightening speculation after receding bond yields weighed on the benchmark currency.
Crude Oil Price Outlook: Aiming for February Peak Ahead of US Retail Sales
WTI crude oil gained on Wednesday despite weakness on Wall Street, underpinned by a larger-than-expected EIA inventory drawdown. Oil may be setting up to revisit February peaks.
Swiss Franc Forecast: USD/CHF, EUR/CHF Moderation Eases Pressure on SNB
The Franc weakened against the Euro and US Dollar in the first quarter, taking pressure off the Swiss National Bank's currency intervention. A miscalculation by the SNB, however, risks sending the ...
Gold and Silver Prices May Turn Higher as Long-Term Treasury Yields Stagnate
The progressive decline in longer-term Treasury yields recently, despite a larger-than-expected climb in inflation, could open the door for gold and silver to climb higher in the coming weeks.
Australian Dollar Falls as Jobs Data Shows Decline in Full-Time Employment
The Australian Dollar declined in immediate trade following strong employment data, as the disparity between full-time and part-time employment overshadowed the otherwise strong data.
Nasdaq 100 Retreats as Coinbase Falls, May Cast a Shadow on Hang Seng and ASX 200
The Nasdaq 100 fell from all-time-highs as Coinbase’s intraday swing lower soured risk appetite. Fed Chair Jerome Powell highlighted that tapering of asset purchase will come “way ahead” of interes...
AUD/USD Breaches Technical Resistance as Aussie-Dollar Eyes Jobs Report
AUD/USD's trendline break has the currency pair aiming higher, but the Australian jobs report will likely dictate the Aussie-Dollar's direction.
US Dollar Outlook: DXY Index Tags 50-Day Simple Moving Average
The US Dollar continued its decline on Wednesday as the broader DXY Index extended another -0.2% lower to test its 50-day moving average. Will retail sales data due ignite a US Dollar rebound?