Tuesday, 13 July 2021

DAX 30 Outlook: Pulling Back from New All-time High Ahead of US CPI Data

The DAX 30 reaches a new all-time high overnight but is struggling to keep bullish momentum going

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British Pound (GBP) Price Outlook: GBP/USD May Edge Lower Near-Term

GBP has failed to benefit from confirmation that coronavirus restrictions in England will mostly end on July 19, suggesting some modest underlying weakness in the currency.

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US Dollar May Resume Rise as CPI Data Drives Fed Policy Bets

The US Dollar may rise if June’s CPI inflation data tops forecasts, stoking speculation about an accelerated Fed timeline for stimulus withdrawal.

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Monday, 12 July 2021

Crude Oil Forecast: OPEC+ Fallout, Delta Strain Clouding Market Fundamentals

Oil markets face a clouded outlook as the OPEC+ fallout and rising Covid cases across Asia drive uncertainty in energy markets.

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AUD/USD Bounce Continues Following Strong Chinese Trade Data

Chinese trade data wildly surpasses expectations fueled by a massive trade surplus with the US. AUD/USD tests 0.7500.

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Gold Price Forecast: XAU/USD May Be Vulnerable to a Higher US CPI Print

Gold prices could be at risk to a higher-than-expected US CPI report that brings forward Fed monetary policy tapering expectations. What are key XAU/USD technical levels to watch?

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Nasdaq 100 at Record High on Earnings Optimism, Nikkei 225 Trades Higher

The Nasdaq 100 closed at an all-time high as traders anticipated a stellar earnings season ahead. US core inflation and Chinese trade balance data are in focus today.

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Australian Dollar Forecast: Chinese Trade Data Eyed as Covid Wave Worsens

The Australian Dollar remains near its yearly lows as Covid cases increase in Australia, prompting extended lockdown concerns. China is set to report its June trade balance.

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US Dollar Forecast: USD/JPY In Focus as Inflation Data Looms

USD/JPY price action, along with the broader US Dollar Index, will likely be front and center during Tuesday's trading session with inflation data due. How might the CPI report impact markets?

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Mexican Peso Outlook: Summer Doldrums Keep USD/MXN Muted as Traders Eye US CPI data

USD/MXN starts the week directionless, oscillating between small gains and losses as traders await U.S. inflation data on Tuesday.

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Wall Street Earnings Season Has Arrived, Here is What to Look For

Wall Street starts a busy earnings period led by big banks, as key economic data and testimony from Jerome Powell also fills out the calendar.

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NZD/USD Rate Rebound Emerges Following Test of June Low

NZD/USD bounces back after testing the June low (0.6923), with the RBNZ widely expected to keep the official cash rate (OCR) at the record low of 0.25%.

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FX Week Ahead - Top 5 Events: UK & US Inflation Rates; BOC & RBNZ Rate Decisions; Australian Jobs Report

It’s the most important week of the month.

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The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

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Gold Price Forecast: Gold Gears Up for Big Test with Inflation, Powell

Gold prices put in their worst month in over four years in June, and tomorrow brings inflation data with Powell speaking later in the week. Buckle up.

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USD/CAD to Face BoC Rate Decision, Monetary Policy Report (MPR)

USD/CAD may face range bound conditions ahead of the BoC interest rate decision as the central bank is slated to update its quarterly Monetary Policy Report (MPR).

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South African Rand Dollar Forecast: USD/ZAR Gains as Protests and Lockdowns Overshadow Muted Dollar

South Africa extends level 4 lockdown restrictions, violent protests intensify as economic outlook worsens

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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FTSE 100 Outlook: Softer Commodity Prices Weigh on the UK Index

Softer commodity prices have contributed to a slower start to the week for the UK index as traders look to UK inflation data on Wednesday

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British Pound Outlook: GBP/USD Treads Water, EUR/GBP Slips Lower on ECB Rethink

Sterling trades flat against the US dollar in early turnover but has picked up against the Euro after the ECB said it may change its policy in July.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...