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Category: Forecasts

Forecasts

US Dollar Weekly Forecast: DXY Turns to Wall Street as Economic Docket Quiets Ahead

Posted onJune 4, 2023

The US Dollar took a breather last week, with a still-tight labor market leaving the door open for the Fed to resume tightening in July. …

Forecasts

S&P 500, Nasdaq Week Ahead: US Stocks Surge Despite Jobs Data Beat

Posted onJune 3, 2023

US stocks head into the weekend buoyed by a more dovish Fed, a debt ceiling deal, and stable average hourly earnings. However, signs of overheating …

Forecasts

Australian Dollar Outlook: The RBA Might Surprise Doves

Posted onJune 2, 2023

The Australian Dollar recovered from a fresh low last week with the US Dollar ricocheting on the debt ceiling resolution, but the RBA could play …

Forecasts

US Dollar Weekly Outlook: Will US Debt Ceiling Deal and Jobs Report Boost DXY Further?

Posted onMay 28, 2023

The US Dollar climbed 3 percent over the past 3 weeks, sustained by economic data that has been pouring cold water on Fed rate cut …

Forecasts

Gold Prices at Risk of Deeper Correction on Surging Real Yields, USD Strength

Posted onMay 28, 2023

Gold prices could continue to slide in the near term if real yields and the U.S. dollar extend their rebound on the back of a …

Forecasts

S&P 500, Nasdaq Week Ahead: Momentum Surges on Debt Deal Optimism

Posted onMay 27, 2023

US equity indices look set to extend gains in the coming week on rising hopes of a deal to raise the US debt ceiling. What …

Forecasts

Australian Dollar Outlook: US Dollar Dominates Proceedings

Posted onMay 27, 2023

The Australian Dollar collapsed last week with the US Dollar regaining broad-based ascendency as Treasury yields moved north on a tilt in the Fed rate …

Forecasts

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

Posted onMay 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 …

Forecasts

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

Posted onMay 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 …

Forecasts

Japanese Yen Weekly Outlook: USD/JPY Triangle Breakout, Key US Data in Focus

Posted onMay 20, 2023

The Japanese Yen extended its losing streak against its major counterparts, largely driven by external factors as Treasury yields climbed. Will USD/JPY continue its push …

Forecasts

Gold Weekly Forecast: Flight to Safety May Prompt Bullish Continuation

Posted onMay 20, 2023

The outlook has improved for gold after debt ceiling talks stall, Yellen warns of further potential bank mergers and Powell talks down rate hikes due …

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Recent Posts

  • Tesla stock pops on partnership with General Motors. Here’s what the experts have to say
  • Ron Insana says an A.I. bubble may be forming, but we’re not there yet
  • NZDUSD up today, but stalls near 38.2% of the May trading range
  • Stocks making the biggest moves midday: Sonoma Pharmaceuticals, Braze, Adobe and more
  • EURUSD falls back to the key swing area. Can support hold?
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