Gold Prices May Bounce as Markets Digest Fed Policy Pivot
Gold prices may find a lifeline after suffering brutal losses in the wake of a momentous Fed policy pivot as traders ponder scope for rate...
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US Dollar Aims to Extend Fed-Inspired Rise, Eyes Yellen Testimony
The US Dollar aims to extend higher having roared to life in the wake of a momentous Fed policy meeting. Testimony from Treasury Secretary Yellen...
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US Dollar May Extend Gains vs. Euro, Retail Sales and PPI Data Eyed
The US Dollar may continue to push higher against the Euro amid speculation about tapering Fed stimulus after EUR/USD made good on bearish technical cues....
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Crude Oil Prices Soar on Demand Hopes, US Inventories and Jobs Data Eyed
Crude oil prices soared to a 32-month high amid hopes for a post-Covid pickup in demand. EIA inventories data and Friday’s US jobs report are...
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Euro May Fall as CPI Data Sustains Dovish ECB, Dollar Eyes ISM
The Euro may fall if a pickup in inflation proves inadequate to inspire a rethink of ultra-dovish ECB policy. The US Dollar looks the ISM...
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Australian Dollar Down as the RBA Rules Out Rate Hikes Until 2024
The Australian Dollar fell as the RBA struck a dovish tone with June's monetary policy update, signaling rate hikes are unlikely at least until 2024....
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Gold Price Rise May Fizzle as US PCE Data Beckons Fed Action
Gold prices may turn lower having stalled near the $1900/oz figure if US PCE data registers hotter inflation than expected, beckoning the Fed to rethink...
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US Dollar May Rise as Inflation Fears, Fed Outlook Hoard the Spotlight
The US Dollar may rise amid speculation that higher-than-expected inflation readings will prompt sooner-than-expected tapering of Fed monetary stimulus. Continue Reading:... Search Web: US Dollar...
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Will the US Dollar, Top Markets Reveal Trend Tilt Amid News Lull?
The US Dollar, other top currencies, and key benchmarks – the Dow Jones, Nasdaq, Treasury bonds and gold – are left adrift by an empty...
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Crude Oil Prices May Keep Falling as PMI Data Shows Inflation Swell
Crude oil prices may continue to decline if UK and US PMI data highlight a sharp inflation pickup that may not be as temporary as...
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Crude Oil Price Drop May Continue on Inflation Impact Fears
Crude oil prices may continue to fall amid growing concerns about a sticky inflationary upshift that forces the Fed to pull back on stimulus sooner...
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US Dollar May Rise if FOMC Minutes Reveal Inflation Debate
The US Dollar may rise if minutes from April’s FOMC meeting reveal policymakers are debating whether the recent inflationary uptick will be lasting. Continue Reading:......
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Crude Oil Price Trend May Reverse, API Data and FOMC Minutes Eyed
Crude oil prices may turn lower – forming a bearish Double Top trend reversal pattern – as April’s FOMC meeting minutes shape Fed stimulus withdrawal...
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Crude Oil Prices May Fall as US Retail Sales Data Shapes Fed Outlook
Crude oil prices may continue to fall after suffering the largest daily drop in six weeks as US retail sales data stokes speculation about a...
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US Dollar May Rise Further as PPI Data Stokes Inflation Fears
The US Dollar may continue to push higher if PPI data tops forecasts, stoking worries about runaway price growth that forces sooner Fed stimulus withdrawal....
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GBP/USD Shrugs at UK GDP, May Drop on US CPI Data
The British Pound may fall against the Dollar having been mostly unimpressed with better-than-expected UK GDP data as the spotlight turns to US inflation figures....
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British Pound May Extend Sharp Rise with Queen's Speech in Focus
The British Pound may continue to build higher after scoring the largest one-day rise in 14 months if the Queen’s Speech encourages BOE stimulus withdrawal...
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Gold Prices May Retreat as US Jobs Data Flags Sticky Wage Inflation
Gold prices surged before April’s US jobs report but the move may unravel if wage inflation proves stickier than expected, stoking bets on sooner Fed...
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British Pound Aims Higher with BOE Stimulus Unwind in Focus
The British Pound is on the upswing and may gain more ground against the Euro as all eyes turn to the Bank of England for...
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Crude Oil Prices May Turn Lower From Key Chart Barrier
Crude oil prices were unable to capitalize on an outsized draw from US inventories amid signs of softer end demand. Technical positioning warns that a...