May 21, 2023 – Forex Trading News And Course

Reserve Bank of New Zealand Shadow Board splits over rate hike this week, 0bp vs. 25 vs 50

May 21, 2023

The Shadow Board are divided over their recommendation to the Reserve Bank of New Zealand at Wednesday’s meeting. In brief from the NZIER report: The …

Market News

Markets Week Ahead: Nasdaq, Gold, US Dollar; Debt Ceiling, US PCE, Germany Ifo, UK Inflation, RBNZ, Australia Retail Sales

May 21, 2023

US debt ceiling talks are likely to dominate sentiment after some of the optimism scaled back after reports on Friday that debt ceiling talks have …

Breaking News

Newsquawk Week Ahead: Highlights include FOMC mins, US PCE, RBNZ, Flash PMIs

May 21, 2023

Week Ahead May 22-26th SUN: Greek Elections MON: PBoC LPR Announcement TUE: BoK Announcement, EZ/UK/US Flash PMIs (May), US Richmond Fed (May) WED: FOMC Minutes, …

Forecasts

US Dollar Weekly Forecast: DXY Breaks Higher Ahead of the Fed’s Key Inflation Gauge

May 21, 2023

The US Dollar extended its winning streak alongside Treasury yields as markets priced out Fed rate cuts. Ahead, will the Federal Reserve’s preferred inflation gauge …

Analyst Articles

Tesla Stock Price Forecast: Technical Analysis and Trade Idea for Bulls (using Fib entry)

May 21, 2023

In this analysis, I will provide a detailed technical analysis of Tesla’s stock price forecast, accompanied by a trade idea that utilizes a unique Fibonacci …

Forecasts

Crude Oil Outlook Dims on Debt Limit & Recession Risks, Double-Top Pattern Eyed

May 21, 2023

Crude oil prices may head lower in the near term, dragged down by recession risks and the U.S. debt ceiling impasse, with a double top …