EUR/GBP Forecast: Consolidation to Prevail Following Whipsaw Price Action

EUR/GBP failed to hold below the 0.8500 psychological level as consolidation looks set to return. Adjustments to rate hike probabilities do appear to favor further downside over the medium-term.

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US Indices’ Upside Could be Capped: S&P 500, Nasdaq Price Setups

US indices may have rebounded in recent days, thanks to earnings and the retreat in US yields. But the deep decline since last month has left a scar on the broader uptrend, one that could be hard to fill soon.

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US Dollar Toppish Ahead of Powell; EUR/USD, AUD/USD, GBP/USD Price Setups

There are growing signs that USD could be in the process of making an interim top. To be fair, this wouldn’t necessarily imply that the uptrend is over. What’s next for EUR/USD, GBP/USD, and AUD/USD?

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Crude Oil Price Loses Grip as Despite Optimism Taking Hold. Where to for WTI?

Crude oil prices are under pump going into Thursday’s trade and ahead of the Fed’s Jackson Hole symposium later today. If the Fed messages a more hawkish posture, will that sink WTI?

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Crude Oil Prices Lower Again As Markets Fret Chinese Demand

A slowing Chinese economy and the chance of ‘higher for longer’ US interest rates doesn’t make a bullish mix for oil prices

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Gold Price Outlook: XAU/USD Gains as Yields Ease Ahead of Jackson Hole

Gold has shown an increasing correlation to elevated yields and the dollar, weighing on the metal over the longer-term. Recent dips in yields provides short-term relief

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EUR/USD Slides as Euro Area PMI Gives ECB Reason to Pause

Euro Area PMI data came in below expectations which is likely to fuel talk of a pause from the ECB in September. Eyes now on Christine Lagarde at Jackson Hole for more guidance.

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Is the Rally Over in Bitcoin & Ethereum? BTC/USD & ETH/USD Price Setups

The upward pressure has eased in Bitcoin and Ethereum after the recent sharp fall. However, the fall isn’t sufficient to conclude that this year’s rally is over. What is the outlook and the key levels to watch?

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Asia Day Ahead: Elevated Yields, Weaker Wall Street Handover Keeps Wait-and-See in Place

Despite a resilient start to the week, Wall Street did not manage to find much follow-through overnight, as elevated Treasury yields and the lack of further heavy-lifting by Nvidia kept a cautious tone in place.

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Gold Price Steadies Despite Treasury Yields and US Real Yields Rising. Lower XAU/USD?

The gold price inched higher today as markets consider the consequences of swelling Treasury yields ahead of the Federal Reserve’s Jackson Hole conclave. Where to for XAU/USD?

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Jackson Hole Preview: Where to Next for the Fed?

The Jackson Hole Economic Symposium will be in focus this week as interest rates, inflation and labor markets are likely to be key themes for the Federal Reserve.

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USD/ZAR Forecast: Rand (ZAR) Firms as BRICS Summit Kicks Off

The Rand (ZAR) benefits with the BRICS summit under way. However, talks of de-dollarisation may be premature but there is a lot on the agenda for the Bloc with expansion plans the key focus.

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Euro (EUR) Forecast Latest: Will Flash PMIs Spark Action in EUR/USD, EUR/JPY?

Wednesday’s German and Euro Zone flash PMIs may give the single currency a much needed boost of volatility

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Oil Price Outlook: Modest Chinese Stimulus Triggers Demand Concerns

A string of modest stimulus measures from Chinese policymakers raises doubts over oil demand from the world’s second biggest oil consumer despite softer US Dollar

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Gold (XAU/USD) Rally Gathers Pace but 200-Day MA Could Cap Gains

Spot Gold rallies back above the $1900/oz handle but the 200-day MA lies in wait. Do the Bulls have enough momentum for a break higher?

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Asian Indices Feel the Heat of Rising Yields: Hang Seng, Kospi, Straits Times Index Setups

The upward pressure in Asian indices appears to be fading fast amid rising global yields and a faltering post-Covid recovery in China. What is the outlook for the Hang Seng Index, Kospi, and FTSE Straits Times Index?

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US Dollar Looks Tired Ahead of Jackson Hole: EUR/USD, GBP/USD, USD/JPY Price Setups

The US dollar’s rally looks tired against some of its peers ahead of the Jackson Hole Economic Symposium beginning Thursday. What is the outlook for EUR/USD, GBP/USD, and USD/JPY?

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Asia Day Ahead: Heavy-Lifting from US Tech Overnight as Nvidia Results in Focus

The US 10-year Treasury yields touched a new 15-year high, but renewed traction towards tech shares ahead of Nvidia’s result release saw shrug-off from Nasdaq.

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JPY Intervention Levels Assessed Ahead of Jackson Hole, Yen Offered

Yen weakness continues on Monday after clawing back some losses last Friday. Markets may look to test 150 after Suzuki clarifies concern over yen volatility, not level

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Gold (XAU/USD) Remains Weak, Eyes Now on the Jackson Hole Central Banker Meet Up

Gold is down by $100/oz. over the last month and with little in the way of support on the chart, further losses may accrue

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