EUR/USD Weekly Forecast: Awaiting Breakout From Monthly Range

EUR/USD holding patten as markets await September breakout. US Dollar selling the dominant theme.

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Gold Prices May Rise as Federal Reserve Adopts Average Inflation Targeting

Gold prices may turn higher after Federal Reserve Chair Jerome Powell announced the adoption of average inflation targeting.

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Oil Price Outlook Mired by Rebound in Crude Production

A further rebound in crude production may drag on the price of oil as signs of a protracted recovery dampens the outlook for global demand.

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Australian Dollar May Rise on RBA, Economic Outlook, Strong Risk Appetite

The Australian Dollar may rise following the RBA rate decision amid signs of economic stabilization and resilient risk appetite despite still-precarious fundamentals.

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Gold Price Forecast: Precious Metals Primed for Next Breakout?

Gold price action has pulled back over 5% from its all-time high recorded earlier this month, but precious metals could be geared up for another advance following a healthy consolidation lower.

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Japanese Yen Price Forecast: JPY Jumps as Abe Resigns – USDJPY

While it may not have come as a surprise, Japanese PM Shinzo Abe stepping down is a really big deal, and that's been reflected in the Yen overnight.

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Canadian Dollar Forecast: USD/CAD Path of Least Resistance is Lower

USD/CAD eyes 1.3000 as dollar selling gathers pace, raising the risks for CAD shorts.

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EUR/USD Presses Higher, Eyes New 27-Month High as Euro Area Confidence Continues to Pick-Up

EUR/USD continues to climb higher, despite a surge of new COVID-19 cases in parts of Europe, and may look to print a new 27-month high.

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Japanese PM Abe Resigns - JPY and Nikkei 225 Rattled

Prime Minister Abe’s resignation has unsettled the Japanese Yen and Nikkei 225. Will this short-term change in momentum persist?

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British Pound (GBP) Latest: GBP/USD Touches a Fresh 8-Month High as the Dollar Sell-Off Resumes

Sterling remains slightly better bid across a range of currencies with the most notable move against a weak US dollar.

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Gold Prices at Risk as Yield Curve Steepens After Powell Speaks

Gold prices look vulnerable to deeper losses having fallen after Fed Chair Jerome Powell laid out an updated policy framework at a virtual Jackson Hole symposium.

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EU Stoxx 50, DAX 30 Index Staggering at Resistance as Coronavirus Cases Rise

EU Stoxx 50, DAX 30 index staggering at chart resistance as the number of European Covid-19 cases continues to rise.

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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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