Euro Forecast: EUR/USD on the Offensive, but Road Ahead Remains Tough

The Euro took the offensive against the US Dollar last week, but the road ahead for EUR/USD remains tough due to ECB and Fed monetary policy divergences.

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Gold Price Tracks January Opening Range Going Into Fed Blackout Period

The price of gold may consolidate during the Federal Reserve’s blackout period as it trades within the opening range for January.

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USD Outlook: Economic Impact from Fed Tightening Shackles Dollar

The tug of war between market expectations and U.S. economic data continues and with Fed tightening on the horizon, will the dollar make the much anticipated push higher?

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Bitcoin (BTC), Ethereum (ETH) – Trying to Build a Base Off Multi-Month Lows

After testing support at the start of the week, Bitcoin has picked up a touch, leaving BTC/USD pretty much unchanged on the week.

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UK Economy Surpasses Pre-Pandemic Levels: Nov GDP + 0.9%

The UK economy expanded more than expected in November leaving the door open for another rate hike in early February – Sterling lifts higher

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Gold Prices Struggle as US Retail Sales, Consumer Confidence Data Approach

Gold prices struggled to capitalize as the US CPI report knocked back the Dollar. The spotlight now turns to retail sales and consumer confidence data, with the Fed outlook in view.

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Euro Boosted by US Dollar Decline as Markets Price In Fed Rate Hikes. Where to for EUR/USD?

The Euro continues to move higher as the markets now seem comfortable with their pricing of the Fed's hawkishness. Has EUR/USD put in a low for the year?

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Australian Dollar Shrugs off China Trade Surplus Surge, Where to for AUD/USD?

The Australian Dollar brushed aside China’s trade surplus surging as imports materially slowed. If this trend continues, will the AUD/USD be left vulnerable?

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S&P 500 Index Pulls Back on Hawkish Fed Comments, APAC to Open Lower

The S&P 500 index plummeted 1.42% following a slew of hawkish-biased Fed speeches. Technology stocks underperformed, weighing on sentiment across Asia Pacific markets. US bank earnings are in focus...

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Chinese Yuan Forecast: USD/CNH Targets Key Resistance Ahead of China’s Trade Data

The Chinese Yuan is on track to hold onto its gains versus the US Dollar as the APAC trading week wraps up. APAC traders have China's December trade data and the Bank of Korea rate decision in focus.

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GBP Q1 2022 Fundamental Forecast: Additional Bank of England Rate Hikes are on The Way

The Bank of England (BoE) started the cycle of tightening monetary policy by hiking the UK Base Rate by 15 basis points to 0.25%, the first-rate hike in over three years, at the last Monetary Polic...

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Crude Oil Surges as US Dollar Wilts Under CPI Burden. Where to Next for WTI?

WTI crude oil made a 2-month high on the back of a soft US Dollar post CPI, and favourable inventory data. Will WTI crack through waiting resistance levels?

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Euro Forecast: EUR/USD Greenlighted on ECB Rate Hike Bets, Rising EU Bond Yields

The Euro rose from rising ECB rate hike bets on the back of a hot EU inflation report last week. That helped EUR/USD pierce confluent resistance overnight, aided by rising European yields.

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Gold Price Leaps as the US Dollar Crumbles After US CPI. Where to for XAU/USD?

Gold rallied to the top-end of recent ranges on a weaker US Dollar after an astonishing US CPI figure hit expectations. Can XAU/USD make a new high?

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Nasdaq 100 Shrugs Off Inflation Concerns, Hang Seng Breaches Key Resistance

The Nasdaq 100 index registered a small gain after the release of US inflation data. The US Dollar fell. Hong Kong’s technology sector may continue to rise, setting a positive tone for the Asia-Pac...

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NZD/USD Bulls Target December High After US CPI Fails to Inspire Greenback

The New Zealand Dollar gained along with the Australian Dollar and Chinese Yuan after a red hot US CPI print failed to inspire the US Dollar. A light economic docket leaves prevailing risk trends u...

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Denying The Wisdom of the Crowds – Even When It is Bitcoin, Crypto and NFTs

Looking back over 2021 (and previous years as well), it becomes clear that my long-term view of cryptocurrency assets clouded my vision of nearer term opportunities.

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AUD/USD Forecast: Relief Rally Extends for Aussie Dollar Ahead of US CPI

Commodity prices bolstered the Australian Dollar after Fed Chair Powell’s testimony yesterday. AUD/USD eyes 0.7250 with U.S. inflation to come.

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S&P 500 Trend is Higher Until Proven Otherwise: Top Trade Q1 2022

The S&P 500 has been trending strongly higher since the pandemic low, and on that it is difficult to bet against it even if at times it seems too high to buy. That doesn’t mean we get complacent, t...

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US CPI Preview: How Will the US Dollar React?

US CPI projected to hit a 40 year high. US Dollar on the backfoot

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