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British Pound at Risk Ahead of Key Data, Trades at Critical Support Fundamental Forecast for Pound: Bearish British Pound falters as Bank of England shows no rush to raise rates Cable nears critical price levels, next move is key The British Pound pulled back further from multi-year highs as a drop in UK yields and a broader US Dollar reversal produced the second-consecutive week of GBPUSD declines. ...
Gold at Risk for Major Break Next Week- FOMC Policy Outlook in Focus Fundamental Forecast for Gold: Neutral USDOLLAR, Gold Setups Target Key Resistance- Breakouts Pending Gold Oscillates Around 200 Day Average Gold prices are marginally higher this week with the precious metal inching up 0.18% to trade at $1291 ahead of the New York close on Friday. Bullion has held a tight range for some time now ...
Bullish USD/JPY Outlook to Deteriorate Further on Less-Dovish BoJ Fundamental Forecast for Japanese Yen: Neutral Japan GDP Trumps Estimates, USD/JPY Targets 99.44 if Support Broken Price & Time: Watching & Waiting in the Yen The USD/JPY extended the decline from earlier this month, with the pair slipping to a fresh low of 101.30, and the Bank of Japan (BoJ) interest rate decision may continue to ...
Forex Weekly Outlook May 19-23 Rate decision in Japan, inflation data in the UK and Canada, FOMC Meeting Minutes, Unemployment Claims, German Ifo Business Climate and US housing data are the main events on our list. Here is an outlook on the main market-movers for this week. Last week, major US figures came out above expectations; Annual inflation reached 2%, as expected and the monthly CPI edged up to 0.3%. Meanwhile, the annual core inflation beat forecasts ...
Is Your Financial Advisor Conflicted? Watch out: that broker-sold mutual fund or IRA rollover move might not be in your best interest. Why? Broker-dealers must have reason to believe that an investment they recommend is suitable for you. By contrast, a registered investment adviser is held to a higher “fiduciary” standard of putting clients’ best interests first. In advance of new proposed Department of Labor rules to protect retirement savers from salespeople expected ...
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