Indian Rupee, Nifty 50 Forecast: Breakouts Eyed as USD/INR Awaits GDP

Will the Indian Rupee and Nifty 50 extend their breakouts on aggressive capital inflows? Or will second-quarter Indian GDP data next week result in a repricing?

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S&P 500 Gains on Dovish Fed, Asia-Pacific Stocks May Follow

A rally in the S&P 500 index may lead Asia-Pacific equities higher on Friday, following Jerome Powell’s dovish comments on the inflation outlook and monetary policy.

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EUR/USD Forecast: August Low Remains on Radar Following Fed Symposium

The August low (1.1696) remains on the radar for EUR/USD as the Relative Strength Index (RSI) retains the downward trend established earlier this month.

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Gold Price Outlook: XAU/USD Consolidating Ahead of Day 4 of RNC

Gold price consolidation may accelerate to support after President Donald Trump’s speech at the last night of the National Republican Convention.

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Australian Dollar Forecast: AUD/USD, AUD/JPY Ponder Topside Breaks

The Australian Dollar looks to be on the verge of a bullish break higher in both AUD/USD and AUD/JPY. That said, technical hurdles to a potential breakthrough still exist.

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Copper Price Outlook: Prices Supported by Outsized Market Imbalances

The COVID-19 pandemic sent copper tumbling earlier this year, but now effects from the pandemic have created outsized imbalances in the market, helping to propel copper to multi-year highs

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VIX Index Jumps, US Dollar & Treasury Yields Spike Post-Powell

The VIX Index ‘fear-gauge’ turns conspicuously higher even as the stock market prints back-to-back record closes. Expected volatility appears on the rise with the US Dollar and Treasury Yields in t...

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Nasdaq 100 Forecast: Fed's Powell May Usher in Lower Rates for Longer

The Nasdaq 100 and its components might enjoy a boost from a longer period of lower interest rates after a policy shift was announced at the Jackson Hole symposium.

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US Dollar Price Action: USD Bears Whiplashed by Dollar Reversal

A fast and aggressive move showed this morning on the open of the Jackson Hole Economic Symposium, and the US Dollar put in a strong reversal.

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Gold & USD Whipsaw as Fed Announces Average Inflation Targeting

Gold price action snapped higher and USD/JPY took a nosedive in the immediate response to news out of the Jackson Hole Symposium that the Fed will shift policy to average inflation targeting.�

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Euro Dollar Outlook: EUR/USD Flirts With Fibonacci Ahead of Key Economic Event

After four months of gains for the EUR/USD, price action stalls at key Fibonacci support

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Crude Oil Prices May Fall with Stocks, Gold as Fed's Powell Speaks

Crude oil prices may fall alongside stocks and gold while the US Dollar gains as Fed Chair Jerome Powell gives a defining speech at the Jackson Hole symposium.

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Gold Price Bounces Off Support, Volatility Picks-Up as Markets Wait for Fed Chair Powell's Speech

Gold (XAU) continues to respect the short-term supportive trend but Fed chair Jerome Powell's speech later may rattle an expectant market.

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British Pound Latest (GBP) - GBP/USD Eyes Fed Powell, EUR/GBP Upside Risks

The Pound is slightly better bid this morning despite negative EU-UK trade headlines. All eyes on Powell.

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USD/JPY Recovery at Risk as Jackson Hole Symposium Takes Centre Stage

The USD/JPY exchange rate may erase ground gained as investors' focus turns to the Federal Reserve’s annual Jackson Hole Symposium

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AUD/USD Unfazed by Asia/Pacific Data with Fed Symposium on Tap

The Australian Dollar may continue to outperform its US counterpart if the Fed Economic Symposium foreshadows more of the same for the next rate decision on September 16.

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Canadian Dollar Outlook: CAD/JPY, CAD/CHF, USD/CAD Levels to Watch

The Canadian Dollar may rise as USD/CAD rates eye fresh monthly lows and CAD/JPY bursts out of a bullish chart pattern.

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Nikkei 225, Hang Seng Defensive Before Powell Speech. Nifty 50 Up

The Nikkei 225 may rise as the Hang Seng index opens mildly higher following strong leads from the Wall Street. Markets displayed a defensive pattern ahead of Powell’s speech tonight.

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USD/CAD Under Pressure as BoC Highlights Limits of Monetary Policy

USD/CAD tags a fresh monthly low (1.3132) as Bank of Canada (BoC) Senior Deputy Governor Wilkins highlights the “limits of monetary policy to solving all problems.”

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S&P 500 at Risk Before Jackson Hole As Trump-Biden Poll Spread Narrows?

The S&P 500 has recorded another new high, but is there a risk of a reversal ahead of the Jackson Hole symposium and political volatility from a narrowing Trump-Biden poll spread?

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