Weekly Fundamental US Dollar Forecast: Will Inflation Propel US Dollar after the Strong July NFP?
The US Dollar (via the DXY Index) has rallied after the July US nonfarm payrolls report on the back of elevated US Treasury yields and a jump in Fed rate hike odds.
Bitcoin (BTC), Ethereum (ETH) Looking To Push Higher as Support Levels Hold
The crypto market is pushing higher going into the weekend with Bitcoin eyeing a cluster of prior highs that?are currently?acting?as overhead resistance.
Australian Dollar May Wobble on Global Covid Cases, Fedspeak, Iron Ore Price Drop
The Australian Dollar may be vulnerable as a combination of rising Covid cases around the world, Fedspeak about tapering asset purchases and falling iron ore prices weigh on AUD/USD.
British Pound Forecast: BoE Talks End Game, EUR/GBP Drops to Yearly Lows
BoE announces threshold to unwind balance sheet. EUR/GBP risking a break of YTD lows.
Non-Farm Payrolls (NFP), Ethereum Fork (ETH) & Robinhood (HOOD) – FinTwit Trends to Watch
Fintwit this week - DXY pops after positive NFP and unemployment data, Ethereum (ETH) rallies while Robinhood fades.
Gold Price Remains Susceptible to Death Cross Formation Following NFP
The technical outlook casts a bearish forecast for the price of gold as a ‘death cross’ formation looks poised to take shape over the coming days.
USD/JPY Spikes Higher as US Dollar Gains on Solid NFP Report
USD/JPY price action just made a sharp move higher with the US Dollar strengthening in response to better-than-expected nonfarm payrolls data.
SA Rand Forecast: USD/ZAR Spikes After Finance Minister Reshuffle, NFP Next
USD/ZAR shot up briefly last night as President Ramaphosa announced a cabinet minister reshuffle. NFP data set to add to the recent volatility in the pair
SA Rand Forecast: USD/ZAR Spikes After Finance Minister Reshuffle, NFP Next
USD/ZAR shot up briefly last night as President Ramaphosa announced a cabinet minister reshuffle. NFP data set to add to the recent volatility in the pair
USD/CAD Facing a Double Dose of Critical Jobs Data
USD/CAD traders are sitting on their hands as crucial US and Canadian jobs data hit the wires later in the session.