Forecasts & Analysis | Fundamental, Page

The VIX volatility index rebounds

Cool-weather could weigh on prices

US yields continue to head lower

Driving the two-side price action is a forecast calling for heat and high humidity until mid-week then a cooling off period into August 30. The odds are in favor of a downside bias because of cooler-trending long-range outlooks and rising production, however, the bulls are being stubborn after picking up

With yields dipping and the Japanese Yen inching higher, the price action in gold suggests that today may actually develop into a “risk-off” day.  This is understandable since it’s been about a week since the yield curve inverted, signaling a recession, and the news hasn’t been all that supportive for

The lower demand numbers are real so traders are paying close attention to the warning from OPEC. On the other hand, the rally we saw on Monday was fueled by hope and optimism. Usually, real wins the battle, but there is always the chance that hope and optimism will turn

GBP/USD has lost some momentum in its recovery as sellers maintained pressure since testing resistance yesterday.

A recovery attempt on Monday was short-lived as sellers took the exchange rate into negative territory late in the day to close for a fifth consecutive daily loss.

On the weekly chart, the USD/CAD pair had recently crossed below a 1-year old slanting support line, signaling reversal trend. Later today, the market would witness the release of the API Weekly Crude Oil Stock Change calculated since August 16.

Cryptocurrencies are becoming an inextricable part of our society. They are actively permeating all the spheres of our lives: users pay for goods and services with digital assets and use them to invest. Business, on its part, is implementing instant crypto accounting mechanisms into its processes. Even the likes of

The RBA minutes should offer nothing new for investors and should take on a somewhat dovish tone. However, the primary focus for investors this week will be speeches by Governor Lowe and Fed Chair Jerome Powell at the Jackson Hole Symposium.

Fed Chair Powell is schedule to speak at Jackson Hole

LNG exports hit a record in July

Momentum turns lower

Look for a potential upside bias to begin on a sustained move over $2.226 and for the downside bias to resume on a sustained move under $2.132.

Gold prices could weaken for several days as traders trim positions ahead of the start of the central banker symposium at Jackson Hole, Wyoming.

The British pound was the strongest performer last week among the major currencies, but is under pressure in early trading today, underperforming all of its major counterparts.

EUR/USD was under pressure last week and closed on Friday near yearly lows. The pair is showing some signs of a recovery after catching a bid from support.

Over the weekend, White House economic adviser Larry Kudlow said trade deputies from the United States and China would speak within 10 days and could advance negotiations over ending the trade dispute between the two economic powerhouses if those talks pan out.

The Reserve Bank of Australia Monetary Policy Meeting Minutes will be featured on Tuesday. Traders will be looking for clues that could help them determine the frequency of future rate cuts by policymakers.