EUR/USD TO REACH 1.14, USD/JPY TO SINK TOWARD 121 BY YEAR-END – BNP PARIBAS
Economists at BNP Paribas Research are revising their EUR/USD and USD/JPY targets as they expect a…
Continue ReadingGOLD PRICE FORECAST: NEW INTEREST RATE CONCERNS WEIGH ON XAU/USD – COMMERZBANK
The gold price correction is clear. According to Commerzbank strategists, investors in the gold market are…
Continue ReadingAUD/USD down to six-week lows on higher dollar, softer risk mood
The pair held daily support from this month’s low of 0.6870 on January 19, but today…
Continue ReadingNZD/USD on the brink as upside rush looks to fall apart
Most of the time, Kiwis tend to move side by side with Aussies. But based on…
Continue ReadingBitcoin feels the need for correction before further growth
Bitcoin gained 5.3% last week to close at $23.8,000. On Sunday, the first cryptocurrency was a…
Continue ReadingFed’s Harker: Get rates above 5% and then pause
Markets were surprised in Tokyo trading by news that Amamiya turned down the post of BOJ…
Continue ReadingThe beginning of the end to the EUR rally?
Danske Research discusses the outlook for EUR/USD and supports a structural decline for the coming months.…
Continue ReadingWhat’s priced in for the central bank meetings next week
We’ve seen the Bank of Canada signal a deviation this week, but that’s unlikely to happen…
Continue ReadingNASDAQ 100 Forecast: Finds Buyers After Initial Selloff
Ultimately, I think you’re still going to see a lot of volatility over the next few…
Continue ReadingS&P 500 Forecast: Recovers After Initial Selloff on Wednesday
Right now we still have a significant downtrend line right above that which is wreaking havoc…
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