Market Sentiment Still Fragile Ahead of Fed, Corporate Earnings | Webinar
Trader confidence remains brittle, with many markets range-trading ahead of the Federal Reserve’s decision on monetary policy and a flood of US company results.
US Dollar Flips Net Long, CAD, AUD & GBP See Large Sellers - COT Report
US Dollar flips net long for the first time since March 2020 amid the unwind in reflation trades as well as a hawkish Fed.
BTC/USD Outlook: Cryptos in the Red Again as Amazon Denies Bitcoin Adoption
Cryptocurrencies undo Monday’s rally as Amazon denies Bitcoin adoption claims
Hang Seng Index (HSI) Plummets Further on China Technology Clampdown
The sharp sell-off in the Hang Seng Index continues as Chinese regulators continue to crackdown on a range of tech-based companies
British Pound (GBP) Price Outlook: GBP/USD Facing Trendline Resistance
GBP/USD has been rising for the past week as UK coronavirus cases show signs of falling, but further progress may be difficult near-term as the pair approaches a downward-sloping trendline on the c...
Crude Oil Forecast: Delta Variant, Chinese Regulatory Measures Weigh on Prices
Crude oil prices are trading largely unchanged following last week's rebound as the Delta variant of Covid and Chinese regulatory measures temper the near-term demand outlook
IBEX 35 Analysis: Rally Continues Despite Virus Fears, Focus Shifts to Fed
IBEX 35 continues to rally as the ECB remains extremely accommodative and virus fears subside. Will the upcoming Federal Reserve rate decision derail the index’s progress?
Australian Dollar Forecast: AUD/USD May Rise on Chinese Industrial Profits
The Australian Dollar may rise further versus the Greenback if Chinese industrial profits impress. Meanwhile, Covid lockdowns are set to ease in South Australia and Victoria.
Dow Jones, Nasdaq 100, S&P 500 Forecasts for the Week Ahead
US indices have a packed week ahead with earnings from the major technology names, US GDP data due and an FOMC rate decision. With so much on the docket the potential for volatility is heightened.
Mexican Peso Outlook: USD/MXN Wavers as Traders Look to Fed for Taper Clues
USD/MXN fluctuates between small gains and losses at the beginning of the week and continues to trade between horizontal resistance at 20.20 and short-term trendline support near 19.85.