2021 could prove to be the start of a commodity-currency bull market, as long-term price analysis suggests a cyclical shift may be afoot for AUD, NZD against the haven-linked USD. [Read More...]
Crude Oil Prices May Extend Gains as Investors Eye OPEC JMMC Meeting
Crude oil prices may continue to push higher on the back of positive vaccine news, a pickup in global demand and the moderate easing of OPEC+ output cuts. [Read More...]
Gold Price Forecast: Dovish FOMC Could Underpin Bullion Ahead of NFP
Gold prices could claw back lost ground ahead of the non-farm payrolls report for November, buoyed by a dovish FOMC, falling real yields and rising inflation expectations. [Read More...]
Japanese Yen May Rise on Covid-19 Lockdowns, Trump Legal Challenges
The haven-associated Japanese Yen may move higher on the back of tightening Covid-19 restrictions and President Trump’s legal challenges in several battleground states. [Read More...]
US Dollar Outlook Hinges on Presidential Election, Covid-19, FOMC
A significant rise in coronavirus infections and US presidential election jitters may buoy the haven-associated US Dollar ahead of the FOMC interest rate decision. [Read More...]
Crude Oil Prices in Jeopardy Ahead of OPEC JMMC Meeting
Crude oil prices are at risk of breaking lower ahead of the OPEC JMMC meeting on October 19 after the IEA revised down its global demand estimates. [Read More...]
Crude Oil Prices Vulnerable Amid Fading Demand, Oversupply Concerns
Crude oil prices could reverse lower as the OPEC Monthly Oil Market Report (MOMR) forecasts fading global demand and oversupply concerns. [Read More...]
Gold Price Outlook: FOMC Rate Decision May Ignite XAU/USD Uptrend
Gold prices may turn higher ahead of the upcoming FOMC rate decision, despite plateauing inflation expectations and a lack of progress in Congressional stimulus talks. [Read More...]
British Pound Forecast: GBP/USD May Fall Amid Renewed 'No Deal' Brexit Fears
The fundamental outlook for the British Pound looks relatively bleak amid renewed ‘no deal’ Brexit concerns and escalating UK-China tensions. [Read More...]
US Dollar Resurgence May Continue As Fed Balance Sheet Contracts
The US Dollar may continue its recent recovery as the Federal Reserve’s balance sheet contracts $74 billion in the week ending June 17. [Read More...]