Saturday, 30 March 2024

Euro Fundamental Forecast: ECB Will Start Cutting Interest Rates in Q2

Easing price pressures and a stagnant economy will likely see the ECB cut rates in Q2 with more to follow if recent central bank rhetoric is to be believed

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Friday, 29 March 2024

Japanese Yen Q2 Fundamental Forecast: Brighter Days Ahead, Catalysts to Watch

This article provides a comprehensive analysis of the second-quarter outlook for the Japanese yen, shedding light on factors that could spur volatility and dictate price action.

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Australian Dollar Q2 Technical Forecast: AUD/USD and AUD/JPY

This article offers a detailed examination of the technical outlook for the Australian dollar, dissecting price action dynamics and market sentiment to uncover potential catalysts for major market shifts.

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Gold, Silver Q2 Technical Forecast: Key Resistance in Focus as Markets Get Stretched

This article thoroughly examines the second quarter technical outlook for gold and silver, delving into the nuances of current price action dynamics and market sentiment to uncover potential trends.

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Bitcoin Q2 Fundamental Forecast: Current Demand/Supply Imbalance is Driving Bitcoin Higher

In this article, we delve into the fundamental outlook for Bitcoin, examining significant market catalysts that may shape the trajectory of cryptocurrencies in the second quarter.

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Equities Q2 Fundamental Outlook: AI Euphoria, US Election and the Fed to Drive US Stocks

US stocks enjoyed a broad rally in Q1 and the positive market sentiment looks likely to spill over into Q2. The prospect of rate cuts and the growing AI drive supports US stocks

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Thursday, 28 March 2024

Japanese Yen Q2 Technical Forecast: USD/JPY, EUR/JPY, GBP/JPY at Critical Juncture

This article explores the technical prospects of the Japanese yen for the second quarter across three key pairs: USD/JPY, EUR/JPY, and GBP/JPY. It considers both price action dynamics and market sentiment for a comprehensive and holistic outlook

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Australian Dollar Q2 Fundamental Forecast: Long AUD/USD Downtrend May Be Fading at Last

This article concentrates on the fundamental outlook for the Australian dollar, analyzing market catalysts and key drivers that are expected to exert significant influence on the currency's dynamics in the second quarter.

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Pound Sterling Update: UK Recession Confirmed by Final GDP Data, GBP Mixed

The Office for National Statistics confirmed that the UK entered into a recession in Q4. GBP held up in Q1 but the threat of sharp declines in inflation may weaken the currency

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US Dollar Latest – EUR/USD, GBP/USD, USD/JPY Forecasts Ahead of US Data

The US dollar has picked up a small bid ahead of the release of a few important US data releases, leaving EUR/USD under downside pressure.

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Wednesday, 27 March 2024

Euro Latest – German GDP Seen at Just 0.1% in 2024, EUR/USD Under Pressure

Economic output in the Euro Area’s largest member state is expected to grind to a near-halt this year, adding weight to the possibility of back-to-back ECB rate cuts.

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Crude Oil Prices Slip Again As US Inventories Increase, OPEC Meet Eyed

Markets appears content to take profits as Q1 comes to a close and OPEC sources do not expect any changes to output levels in the second quarter

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FX Intervention Threat Steps up a Notch after USD/JPY Hits a Crucial Level

Japanese finance minister, Shunichi Suzuki escalated the language used to address recent, unfavourable moves in the yen. The same rhetoric was before prior FX intervention

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Tuesday, 26 March 2024

US Dollar in Holding Pattern; Key Tech Setups on EUR/USD, USD/JPY, GBP/USD

The article explores the near-term outlook for the U.S. dollar, focusing on three of the most popular and liquid FX pairs: EUR/USD, USD/JPY and GBP/USD.

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Gold, Silver Price Update: XAU/USD Rises on a Softer Dollar, Silver Withers

Gold appears upbeat at the start of the week, although, the current move higher is already showing signs of slowing. Silver continues to trade lower, testing a well-known level

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Euro Gains Again Despite More Dovish ECB Commentary

The Euro has bounced despite a clear rethink of the once-broadly-held idea that the US will see earlier, deeper rate cuts than the Eurozone

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Pound Sterling Latest: GBP/USD Attempts Come Back Post-FOMC Sell-off

Cable attempts to claw back losses that ensued after the Fed meeting. Catherine Mann, a more hawkish member of the MPC, detailed why she no longer voted to hike

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Bitcoin (BTC) Eyes New All-Time High, Ethereum (ETH) Trails, Coinbase (COIN) Rallies

Bitcoin is back above $70k after rallying sharply over the last three sessions. A fresh attempt at a new ATH is likely ahead of April’s halving event.

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Monday, 25 March 2024

Gold Price Steadies After Sharp Sell-Off, New All Time High Remains Possible

The price of gold has pushed higher today after last Thursday’s sharp sell-off. Sentiment remains positive and a new ATH is not too far away.

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British Pound Inches Back Up As Markets Increasingly Bet On June Fed Cuts

GBP/USD has been mostly about the Dollar on Monday, although some modest good news out of the UK is likely still helping.

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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...