The Dow Jones, S&P 500 and Nasdaq Composite soared amid the Fed's Jackson Hole Symposium. The US Dollar tanked as the Australian Dollar, crude oil and gold prices outperformed. All eyes turn to non...
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Sunday, 29 August 2021
Nasdaq 100 Hits Record High as Powell Signals Tapering by Year End
Tech stocks extended higher into the record territory even though Fed Chair Jerome Powell prepared the markets for the Fed tapering. Interest rate hikes are likely to be far away, alleviating press...
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Mexican Peso Forecast: Powell Paves the Way for USD/MXN Weakness in the Near Term
The Fed's dovish taper tone at the Jackson Hole Symposium is likely to depress US treasury rates and weigh on USD/MXN in the near term as traders seek to exploit higher yields in EMFX.
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Saturday, 28 August 2021
EUR/USD Forecast: Euro Runs into Resistance, More Gains Ahead?
Powell inspired lift for EUR/USD, eyes on key US data.
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Gold Forecast: XAU Traders Eye NFPs After Jackson Hole, Kabul Attack
Gold rose into the weekend after Fed Chair Powell offered no clear signal on tapering. XAU traders are shifting focus to next week's non-farm payrolls print as geopolitical risks linger.
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US Dollar Outlook Hinges on ISM Manufacturing Survey, NFP Report
The slew of US data prints on tap for the start of September are likely to sway the Dollar as the Federal Reserve retains an outcome-based approach for monetary policy.
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Bitcoin, Ethereum Predictions – Consolidation Phase Leading to Higher Prices
Bitcoin continues to draw strength from the 200-day simple moving average and if this continues, higher prices may be seen in the near future.
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Friday, 27 August 2021
Australian Dollar Outlook: AUD/USD at Crossroads of Commodities, Yields, Sentiment
The Australian Dollar has grinded higher, but future direction will likely depend on commodity pricing, yield differentials and risk appetite.
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S&P 500 to Stay Bid as Fed Decouples Taper, Rate Hike Risk
The S&P 500 looks poised to maintain its broader bullish trend with the Fed vowing to keep policy highly accommodative even though the pace of asset purchases will likely slow this year.
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Esther George Effect: Jackson Hole, Women in Finance, Taper Talk
Ahead of Jackson Hole economic symposium, Esther George, among the most prominent women in finance and economics, said it’s time to begin tapering asset purchases
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Sterling (GBP) Forecast: Will Jackson Hole Prove to be a Catalyst or Snoozefest?
The Pound Sterling shows little sign of a directional preference which is likely to persist as Powell reads from a similar script in Wyoming on Friday
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S&P, Nasdaq Fresh Highs as USD Drops on Powell's Jackson Hole Speech
The US Dollar is on the move as the Jackson Hole Economic Symposium keeps the taper discussion front-and-center.
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Oil, GameStop (GME) Soar & Jackson Hole Inflation Expectations – FinTwits Trends to Watch
Oil, GameStop (GME) prices remain elevated as markets wait for Jerome Powell to speak at Jackson Hole
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Oil, GameStop (GME) Soar & Jackson Hole Inflation Expectations – FinTwits Trends to Watch
Oil, GameStop (GME) prices remain elevated as markets wait for Jerome Powell to speak at Jackson Hole
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US Dollar (USD) Muted as PCE Matches Estimates
USD Muted Following in-line PCE, Powell speech the main highlight
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Solana (SOL) Continues to Make Fresh Highs on Pumped Up Volume
Solana is out-performing the crypto market as a whole, printing another record high today against a background of sharply higher trading volume.
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Crude Oil Bullish Momentum Fizzles Out as Covid-19 Risks Increase
Oil has had a stellar performance this week as a production outage in Mexico reduces supply, but demand may also be faltering as Covid-19 continues to spread
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US Dollar Price Action Set Up Ahead of Fed Chair Powell Speech
All eyes on Chair Powell as markets await QE taper details.
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NZD/USD Rallied With Risk Assets, But Will The Fed Symposium Mark a Sentiment Turn?
The US Dollar has had a down week going into the Jackson Hole Symposium, helping the New Zealand Dollar rally. Can NZD/USD continue higher?
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Thursday, 26 August 2021
Copper Trading: Copper Trading Tips and Strategies
Copper may not be the world's most popular metal but it certainly is one of the more important.
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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...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....