US Dollar DXY Watching Short-End Treasury Yields and Advanced Q3 GDP
TheUS dollar basket (DXY) has seemingly found support around 93.50 ahead of the first look at US Q3 GDP.
USD/MXN Forecast: Yields, Fed, and Banxico in Focus
The bearish reversal in USD/MXN has come to a halt but bulls face a tough resistance up ahead
Euro Q4 Fundamental Forecast: More Euro Weakness Likely Lies Ahead
The ECB, and by extension the Euro, faces the unenviable combination in Q4 of weakening economic growth and above-target inflation.
British Pound (GBP) Price Outlook: EUR/GBP Downside Risk as ECB Meets
This session’s monetary policy announcement by the European Central Bank will dominate trading in EUR/GBP near term, and there’s a risk the pair will fall as the ECB stays determinedly dovish.
Australian Dollar Poised as Yields Roar and Oil Sinks. Will AUD/USD Get Going?
The Australian Dollar has been sidelined in an action-packed day in Asia, with central banks lining up to tighten. Can AUD/USD break out of the doldrums?
Gold Prices at Risk with US GDP in the Spotlight Before Upcoming FOMC
Gold prices are looking to third-quarter US GDP data to help set the stage for next week’s pivotal FOMC meeting. Chart positioning hints that a downturn may be brewing.
Crude Oil Forecast: WTI Eases on Iranian Supply Prospects, US Inventory Build
Oil prices are on the move lower after traders digested a higher-than-expected US inventory build. Moreover, Iran-EU nuclear talks are set to restart, which may eventually see US sanctions removed.
Bank of Japan (BoJ) Preview: Outlook Report to Provide Fresh Update
The Bank of Japan is set to hold their monetary meeting across 27 – 28 October 2021, as markets look towards its outlook report for guidance.