(MENAFN- DailyFX) Fundamental Forecasts:
Gold Prices May Fall as Fed Fights Pivot Bets and Short Covering Slows
Gold prices surged after economic data fueled Fed pivot bets. XAU's rally, fueled partly by short covering, may end soon, especially if the Fed sends a stronger response to ardent investors.
Euro Weekly Forecast: EUR/USD Rallies, Gas and Drought Remain a Worry
The fundamental forecast for the Euro next week is neutral as the US CPI bounce fades.
Australian Dollar Outlook Driven By US Dollar
The Australian Dollar finished higher last week after US inflation data excited markets and sent the US Dollar lower, lifting AUD/USD . Will the US Dollar dominate AUD/USD?
British Pound GBP Forecast - UK Inflation May Hit Double Figures
The British Pound is in for a rough ride next week with the latest employment, wages, retail sales, and inflation data all set for release
US Dollar Vulnerable to Less Hawkish FOMC Minutes
The Federal Open Market Committee (FOMC) Minutes may drag on the US Dollar should the central bank show a greater willingness to implement smaller rate hikes.
NZD/USD Weekly Fundamental Forecast: RBNZ Hike May do Little for NZD
NZD /USD rose in the aftermath of a softer US dollar post-CPI. An advancement of demand destruction globally and proximity to China appear likely to keep NZD contained
S&P 500, Nasdaq 100, Dow Jones Forecast for the Week Ahead
Stocks continue to hold a bid, but that may soon change; big levels could be met in the days ahead.
US Dollar Technical Forecast: EUR/USD, GBP/USD, AUD/USD, USD/JPY
The US Dollar's high was set almost a month ago, and a bearish channel has built since then, making up a bull flag formation. Will Fed speak be able to bring back the bullish trend?
Gold Price Technical Forecast: Gold, Silver at Resistance Decision Time
Gold surged more than 7.5% off the yearly lows with a four-week rally now approaching major trend resistance. The levels that matter on the weekly technical chart.
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