Australian Dollar Outlook: A Sinking US Dollar Floats All Boats

Australian Dollar Forecast: Neutral The Australian Dollar found firmer footing on US Dollar debility The Fed look likely to raise by less than 75 bp while the RBNZ are adopting it The RBNZ might know something that the RBA doesn’t. Will it sink AUD/NZD? Recommended by Daniel McCarthy Trading Forex News: The Strategy Get My … Read more

Pound Fundamental Forecast: Retailers Hope for Booster Black Friday Sales

Pound Sterling (GBP) Forecast: Politics takes center stage as independent investigation launched into Deputy PM’s conduct Black Friday Overshadowed by Cost-of-Living Crisis. UK inflation at 11.1% (Oct) Major Risk Events: Jerome Powell speech, US PCE, NFP Recommended by Richard Snow Get Your Free GBP Forecast Get My Guide Politics Takes Center Stage Once More as … Read more

USD/JPY Rallies as the Dollar Index Arrests a Three-Day Slide

KEY POINTS: Recommended by Zain Vawda Get Your Free JPY Forecast Get My Guide Most Read: USD/JPY Eyeing Deeper Retracement as Dollar Index Rises USD/JPY FUNDAMENTAL BACKDROP USD/JPY arrested its slide this morning bouncing off support around the 138.50 area. The pair has rallied 120-odd pips wiping out yesterday’s losses. Yesterday’s push lower came within … Read more

British Pound Forecast: GBP/USD Rally Erases Policy Error Losses

GBP/USD – Prices, Charts, and Analysis GBP/USD rally aided by US dollar weakness. The previous UK government’s policy losses have been wiped out. Recommended by Nick Cawley Get Your Free GBP Forecast Get My Guide Most Read: GBP/USD Breakout Nears as Highs and Lows Compress Sterling continues its multi-week rally, helped in part by a … Read more

Crude Oil (WTI) Whipsaws Around Key Level as Fundamental Drivers Clash

Oil (US Crude) Analysis Saudi, Iran reaffirm support of OPEC+ production cuts EU nations oppose current proposed Russia oil price cap with the Dec 5th deadline fast approaching US crude oil technical considerations: key zone of support acts as a tripwire for a bearish continuation but also a possible bullish bounce. The analysis in this … Read more

Serious Market Events Ahead for S&P 500, FTSE 100, DAX and Nikkei

S&P 500, FTSE100, DAX 40 and Nikkei 225 Fundamental Forecast Talking Points: Liquidity will reverse course from this week to next as the US Thanksgiving holiday’s seasonal curb on both US and global markets passes The economic calendar next week is dense including key inflation statistics, economic activity readings and the ever-popular NFPs General ‘risk … Read more

ZAR Breaking News: SARB Hikes by 75 bps as Inflation Remains Too High

SARB Hikes by 75 Basis Points 3 out of 5 MPC members voted in favor of 75 basis points Restoring inflation back to the 6-5% target remains central to the Bank’s objectives despite worsening growth outlook UZD/ZAR outlook: ZAR has benefitted from recent dollar weakness but worsening local fundamentals may limit the near-term reprieve Customize … Read more