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GBP/USD Weekly Forecast: Poised to Gain in Thanksgiving Week

The GBP/USD weekly forecast is bullish as the pair ended the challenging week marking a 2-week top around 1.2500. The pair’s trajectory hinges on...

USD/JPY clings to mild losses below 146.00 on softer yields, upbeat Japan PMI ahead of US data

Share: USD/JPY remains depressed at intraday low, down for the second consecutive day. US Treasury bond yields, JGB coupons fade previous...

Week Ahead – Powell’s Jackson Hole Speech will be Must-See TV – MarketPulse

US The main event for next week will be the Kansas City Fed’s Jackson Hole Symposium.  Fed Chair Powell’s speech will reiterate that more...

Week Ahead – More turmoil to come?

US A week ago, a lot of economists were thinking the Fed was going to pick up the pace of rate hikes as disinflation...

Gold Price Challenges $1,920 as USD Attempts Recovery

XAU/USD signaled exhausted buyers. The manufacturing and services data could shake the markets tomorrow. The median line (ml) could attract the price.  The gold...

GBP/USD Price Correcting Within Uptrend amid Weak USD

The bias is bullish despite temporary retreats. A new higher high activates an upside continuation. The GBP took a hit from the UK...

NZDUSD registered weekly gains as traders focused on next week RBNZ’s decision

Federal Reserve officials’ hawkish commentary bolstered the US Dollar, except against the New Zealand Dollar. US Existing Home Sales tanked, flashing an upcoming...

USD/CAD Price Struggling to Gain amid Broad Dollar Weakness

The currency pair turned to the upside only because the Dollar Index rebounded. The Canadian and US economic data could bring more...

Netflix earnings spark a rally, Housing Market Cools, Bitcoin higher

No one expected Netflix to trigger a decent...

A quiet day in Asia

With the US on holiday yesterday, activity was...

Global bond yields slide as stocks rebound, US data, bitcoin rallies

US stocks breathed a tentative sigh of relief now that the bond market selloff appears to be taking a break.  In just a few weeks, Wall Street has gone from pricing in a gradual tightening of policy to a hurry-up offense that could deliver 4 to 5 rate hikes this year and a balance sheet […]

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