The Federal Reserve’s first meeting for 2021 may do little to prop up the price of gold as the central bank relies on its non-standard tools to achieve its policy targets. [Read More...]
US Dollar Rebound in Focus Ahead of US Presidential Inauguration
The US Dollar breaks out of the range bound price action from the first of January going into the inauguration of President-elect Joe Biden. [Read More...]
Gold Price Outlook Mired by Spike in US Treasury Yields
The price of gold tumbles to a fresh weekly low ($1834), with the weakness in bullion largely coinciding with the recent spike in US Treasury yields. [Read More...]
AUD 1Q Forecasts: Key Market Trends to Watch for in 2021 FX Market – Long AUD/USD and AUD/JPY
The Australian Dollar may continue to outperform against its US counterpart as the continuation pattern gains traction ahead of 2021. The improvement in investor confidence has also spurred a recov… [Read More...]
Gold to Retain Inverse Relationship to USD on Dovish Fed Guidance
The price of gold may continue to exhibit an inverse relationship with the US Dollar as the Federal Reserve retains a dovish forward guidance for monetary policy. [Read More...]
Oil Price Rebound Stalls Ahead of Monthly High with OPEC on Sidelines
The price of oil may continue to trade in a narrow range as the rebound from the September low ($36.13) appears to have stalled ahead of the month high ($43.43). [Read More...]
Japanese Yen Exhibits Bullish Behavior as BoJ Braces for Negative CPI
The Japanese Yen may continue to exhibit a bullish behavior as the Bank of Japan (BoJ) appears to be in no rush to alter the path for monetary policy. [Read More...]
Oil Price to Stay Afloat as US Output Falls to Lowest Level Since 2018
The ongoing contraction in US production may keep oil prices afloat in June as crude output falls to its lowest level since October 2018. [Read More...]
Gold Price Weakness to Linger with RBA and BoE to Stay on Hold
The recent pullback in gold may gather pace in May as the Reserve Bank of Australia (RBA) and Bank of England (BoE) are expected to keep interest rates at a record low. [Read More...]
Gold Fundamental Outlook Hinges on Shifts in Trader Sentiment
The price of gold extends the pull back from the yearly high ($1748) as President Donald Trump unveils fresh guidelines in opening up the US economy. [Read More...]
Gold Price Outlook Hinges on Federal Reserve Meeting
Speculation for lower US interest rates may curb the recent pullback in the price of gold as the Federal Reserve is widely expected to deliver another rate cut in March. [Read More...]
US Dollar Fundamental Outlook Mired by Bets for More Fed Rate Cuts
Fresh data prints coming out of the US economy may do little to influence the US Dollar outlook amid overwhelming expectations for another Fed rate cut in March. [Read More...]
Gold Price Holds Near Yearly High Amid Growing Bets for Fed Rate Cut
The threat posed by the coronavirus may keep the price of gold afloat as the shock to the global supply chain fuels bets for lower interest rates. [Read More...]
Gold Price Outlook Hinges on Fed Rhetoric, US-China Trade Negotiation
Upcoming remarks from Federal Reserve officials may influence the price of gold as the central bank alters the outlook for monetary policy. [Read More...]
Gold Price Forecast for 2019 Remains Bullish on Divided FOMC
The price of gold may exhibit a bullish behavior over the remainder of 2019 amid falling interest rates along with the inverting US yield curve. [Read More...]
GBP/USD Continues to Test Resistance- NZD to Face RBNZ?s Wheeler
The near-term advance in GBP/USD could be coming to an end amid the string of failed attempts to push back above former support. [Read More...]