• February 27, 2023
  • Market News , Technical Analysis
  • Comments : 0

Natural Gas Price Weekly Forecast: Have Prices Finally Found a Floor?

Natural gas prices rallied 12 percent last week as prices closed above the 20-day Simple Moving Average (SMA) for the first time since December. Have prices found a floor?...
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  • February 27, 2023
  • Market News
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Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Gold, USD/CAD, AUD/USD, GDP

The Dow Jones and S&P 500 tumbled as PCE data boosted hawkish Fed bets last week. The US Dollar gained, and gold fell. Ahead, CAD and AUD are eyeing local GDP data. What else is in store?...
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  • February 26, 2023
  • Market News
  • Comments : 0

Gold Price Fundamental Forecast: XAU/USD Under Pressure From Raging Dollar

Gold prices head into the week on the backfoot after a resilient dollar remains supported by salivated inflationary pressures. XAU/USD eyes 1800....
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  • February 26, 2023
  • Market News
  • Comments : 0

USD/CAD at Fresh 2023 Highs After Bullish Breakout, Oil Forges Bearish Pattern

USD/CAD presents a constructive outlook after this past week’s bullish breakout. Meanwhile, oil exhibits a negative technical bias as prices continue to develop a bearish chart formation....
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  • February 26, 2023
  • Market News
  • Comments : 0

US Dollar Outlook Turns More Bullish as Bond Yields Skyrocket Post PCE Data

The U.S. dollar (DXY) has risen to its best level since early January, driven by surging U.S. Treasury yields in response to a hawkish repricing of the Fed’s tightening path amid sticky inflation....
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  • February 25, 2023
  • Market News
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Euro Weekly Forecast: EUR/USD Gains As Eurozone Data Show Modest Return To Growth

The Euro ticked higher on news that its home economy expanded at last in January, raising hopes that recession can be sidestepped...
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  • February 24, 2023
  • Market News
  • Comments : 0

Oil Outlook: Russia – Ukraine One Year of Conflict Boosts WTI & Brent

Russia, Ukraine conflict reaches one year mark, adding pressure to the oil trajectory over the next year....
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  • February 24, 2023
  • Market News
  • Comments : 0

US Core PCE Rises 4.7% vs 4.3% Forecast, Inflation Pushes Back

A series of stubborn prices pressures via hotter CPI and PPI readings warned of a slowdown of the disinflation trend. However, January’s data supports the Fed’s warnings...
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  • February 24, 2023
  • Market News
  • Comments : 0

USDJPY Inches Up Incoming BoJ Head Suggests Continuity With Kuroda

The Japanese Yen slipped back a little despite more strong inflation numbers as the man set to take over at the Bank of Japan offered little prospect of major changes...
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  • February 24, 2023
  • Market News
  • Comments : 0

Euro Price Forecast: German GDP Dampens Strong EZ Data This Week, US Core PCE in Focus

EUR/USD eyes US core PCE later today which may test the lower bound of the developing falling wedge pattern should inflation prove sticky....
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