Forecasts & Analysis
EUR/USD and a Return to Sub-$1.03 in the Hands of Euro Area Inflation
It is a busy day ahead for the EUR/USD. Eurozone inflation numbers for November will likely be key ahead of US stats and Fed Chair Powell.
GBP to USD Faces Risk of Sub-$1.19 Ahead of Central Bank Chatter
It is a quiet day ahead for the GBP/USD, with no economic indicators leaving BoE chatter to influence ahead of US stats and Fed Chair Powell.
EUR/USD Weakening as Downside Momentum Increases Following Monday’s Reversal Top
Look for the downside bias to continue into the close on Tuesday on a sustained move under 1.0366.
S&P 500 Struggling to Find Direction Ahead of Powell’s Speech on Wednesday
Investors are keeping their powder dry ahead of Fed Chair Jerome Powell’s speech on Wednesday and Friday’s Non-Farm Payrolls report.
S&P 500 Price Forecast – Stock Markets Wait for a Slew of Data
The S&P 500 has done very little during the trading session on Tuesday as we continue to determine whether or not we are going to break down.