Euro Weekly Price Outlook: EUR/USD Recovery Could be Short Lived Euro turned just ahead of resistance this week with the price consolidation coiling into the April range. Here are the levels that matter on the EUR/USD weekly chart. Crude Oil Weekly Technical Forecast: Support May Soon Lead to Rally Crude oil took a spill last week, but with support at its feet look for it to try and bounce after a bit more weakness first. ...
Australian Forecast: Australian Dollar Could Face First RBA Rate Cut Since August 2016 The Australian Dollar heads into a new week battered by more feeble data and with more to play for at an RBA meeting than usual. GBP Forecast: Sterling (GBP) Price Outlook: Brexit Anger May Dampen Sterling Strength UK politics look set to re-assert themselves and Sterling is very likely to suffer. ...
The latest quarterly reshuffle of the FTSE 100, the UK’s leading blue-chip share index, takes place this week. Candidates to fall out of Britain’s benchmark index with the highest market capitalizations could include Royal Mail, floated in 2013 and established originally back in 1516. more...
US Dollar Forecast: US Dollar Bracing for French Election, Trump Tax Plan, GDP Data The US Dollar looks set for a volatile week as the first round of the French presidential election, a White House tax reform proposal and first-quarter GDP data loom ahead. Japanese Yen Forecast:No End In Sight For Accommodative Monetary Policy Speaking in Washington Friday, Bank of Japan Governor Haruhiko Kuroda had a simple message: the current ...
US Dollar Forecast: US Dollar May Rise Trump Jawboning, Geopolitical Fears Recede The US Dollar may rebound as the impact of President Trump’s jawboning recedes and signs of a political accommodation with Russia and North Korea appear plausible. Japanese Yen Forecast: USD/JPY Carves Bearish Series as Risk Sentiment Abates Concerns surrounding Syria accompanied by the threat posed by North Korea appears to have heighten the appeal ...