- Natural Gas:3.8980-0.1720-4.23%
- UK 100:7,040.00+29.900+0.43%
- WTI Oil:74.158+0.5490+0.75%
- S&P 500:4,398.39-20.760-0.47%
Forecasts & Analysis |
Gold at a Crossroads of Hawkish Fed and High Inflation
Gold has been trading sideways recently, but this won’t last forever – the yellow metal is likely to move downward before continuing its rise.
USD/CAD: Loonie Dips After Early Gains But Set to End Week Strong
The Canadian dollar pared early gains against its U.S. counterpart on Friday as crude oil prices marched higher and the greenback recovered after U.S. consumer spending outpaced expectations in June.
Oil Price Fundamental Daily Forecast – Price Action Indicates Traders Believe Demand Will Outstrip Supply
The oil market no longer appears to be viewing the issue of demand destruction with quite the same alarm as it was at the beginning of last week
AUD/USD and NZD/USD Fundamental Daily Forecast – Gains Being Capped Amid Weaker Global Equity Markets
The Australian and New Zealand Dollars are trading lower on Friday, pressured by a drop in demand for higher risk currencies that is being fueled by a plunge in global equity markets.The Aussie and Kiwi are being underpinned, however, by a weaker U.S. Dollar. Meanwhile, the Covid situation in Australia