30.01.2023
Dollar Tight Range to Be Tested by GDP and Fed’s Preferred Inflation Read
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admin
There are a number of factors that will determine the future of the US dollar. These include Global factors, GDP growth, and Core PCE price indexes. GDP growth The dollar begins the week close to year-lows. Yet it will be a tough test of the consensus view that the Fed’s preferred inflation reading is still […]
19.01.2023
British Pound Latest GBP/USD Pushes Higher on UK Jobs Data.
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admin
It’s been a good week for the British Pound (GBP) against the dollar. After a brief dip to near three-week lows on Thursday, the currency has bounced back above the $1.20 level and is on track to reach its highest level in more than three months. The currency has also broken above the psychological level […]
21.12.2022
Crude Oil Price Outlook: WTI Set for Worst Week Since March? Falling Wedge.
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admin
The price of crude oil has been falling for the last couple of weeks. It’s likely that this trend will continue. Prices have not been this low since the end of 2021. However, there are some factors that might help drive prices back up in the short term. First and foremost, there is a lot […]
11.12.2022
Fedspeak for the Week Ahead
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admin
Several Federal Reserve officials are scheduled to give speeches in the week ahead. These will provide insight into the policymaker’s upcoming direction, which may affect markets. These speeches will also help traders determine the chances of a December rate hike, which have increased from 50/50 to 80/20. The biggest event on the calendar is the […]
30.11.2022
USD/CNH Upside Eases Ahead of Chinese Economic Data: Asia-Pacific Outlook
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admin
Despite China’s recent unexpected interest rate cut, USD/CNH has failed to hold gains and has retraced much of its previous gains. After climbing over a Fibonacci retracement of 23.6%, the USD/CNH has failed to hold above the 38.2% Fibonacci level, which could mean a break of the parity of divisas. The recent decline in food […]
18.11.2022
British Pound Latest GBP/USD Under a Range of Influences This Week
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admin
During the past trading week, the British pound to US dollar exchange rate (GBP/USD) has undergone a variety of influences. From the United Kingdom budget to the Federal Reserve, the currency has experienced a wide variety of factors that have caused it to drop in value. The pair is currently trading between horizontal support and […]
15.11.2022
S&P 500 Stalls at Resistance on Cautious Mood. Is the Stock Market Rally in
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admin
While the S&P 500 closed the month of April with its biggest gain in over 30 years, the market is now stalling at resistance near 4,000. In the Nasdaq 100, heavy selling in Amazon and Microsoft dragged the index lower. Wall Street could be even more active on Wednesday. The S&P 500 is trading cautiously […]
20.10.2022
How Technical Levels Will Develop in Q4 of
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admin
This article explores how the Market will develop in Q4 of 2022, and what to expect from the outlook. Long-end yields are expected to rise. Commodities are expected to do well, and Fed policy is likely to tighten. It will also look at how the Fed’s tightening of policy will affect equities. Market upside in […]
21.09.2022
Oil Price Forecast: WTI at Major Support- Crude Break Could Fuel Collapse
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admin
The price of oil is likely to go up. According to oil analysts at S&P Global, geopolitical developments are likely to drive up prices, and supply and demand issues are also a factor. Another oil analyst, Yaw Yan Chong of Refinitiv Oil Research in Asia, attributes the projected price increase to Europe’s soaring gas prices […]
02.09.2022
USD/JPY Rate Approaches Yearly High Ahead of NFP Report
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admin
In a world where a weak employment report can undermine the US Dollar, the USD/JPY rate is approaching its yearly high ahead of the NFP report. If the report is negative, the Japanese Yen will strengthen against the USD, and this will make US goods more expensive for Japanese consumers. Conversely, if the report is […]