Forecasts & Analysis
Considering Dollar Strength Gold’s Fractional Gains Were More Than Respectable
After factoring in two days of dramatic price declines in gold resulting in a loss of just under $90 per ounce, the fractional gains were significant.
GBP to USD Forecasts: A Return to $1.21 in the Hands of the BoE
It is a quiet day ahead for the GBP to USD, with house price data in focus. However, MPC member speeches will draw plenty of interest today.
EUR/USD Bears Target a Return to Sub-$1.07 on Fed Fear
It is a relatively busy day ahead for the EUR/USD, with the German economy back in focus. However, Fed Fear lingers following the US Jobs Report.
Selling Pressure Persists in Natural Gas with No Letup
Yes, natural gas is overdue for a counter-trend rally, yet there are no signs of it yet.
Technical Market Outlook and Review – 7 February
Check out the latest technical report from our in-house analysts, covering key markets ahead of Tuesday’s sessions.
Is Bitcoin Still on Track for $28000?
Bitcoin reached the upside target set forth two weeks ago. The pullback should hold $21,225.
NASDAQ, S&P 500, Dow Jones Analysis – Stocks Retreat As Treasury Yields Test Multi-Week Highs
Stocks remain under pressure as traders adjust their positions in preparation for a more hawkish Fed.
Natural Gas, WTI Oil, Brent Oil – Oil Rebounds As Earthquake Disrupts Oil Terminal Operations In Turkey
Natural gas is trying to rebound from multi-month lows.
Gold, Silver, Platinum – Precious Metals Pull Back As Dollar Tests New Highs
Higher Treasury yields serve as an additional bearish catalyst for precious metals.
Silver Price Forecast – Silver Continues to Look Threatened
Silver has done very little during the trading session on Monday, as we are digesting a massive selloff over the last couple of trading sessions.