- April 21, 2018
- Posted by: Trading
- Category: News
The US Dollar is eyeing first-quarter GDP data with hopes for another upward push having mounted a spirited recovery amid swelling Fed rate hike speculation.
British Pound Forecast: The Trend Remains Your Long-Term Friend
Sterling traders have had a busy week with data prints and commentary from Bank of England Governor Mark Carney weighing on GBP.
After a spike in the early portion of the year inflation has started to settle in Japan, and with the BoJ on the calendar for next week, the door remains open for a continuation of Yen weakness.
The Australian Dollar fundamental outlook is neutral as key local and US data might both underperform. Can risk trends take the spotlight in such a scenario?
Last week provided another feather in the cap for crude oil bulls with a combination of bullish comments from the IEA, tightening physical supplies from EIA, and OPEC’s progress.
Equities Forecast: S&P 500, DAX & FTSE – Outlook Shrouded in Uncertainty
Looking ahead to next week, we’ll be more focused on letting the market show its ‘true colors’ as the outlook is a bit hazy at the moment; ECB in the spotlight for the DAX
Gold Forecast: Breaking of Ranges is Unlikely To Be on the Cards for Gold
Gold prices slid amid rising expectations of 3 more rate hikes, pricing now at 44%, alongside easing geopolitical tensions. Looking ahead, US GDP and Trade Balance could instigate notable price action in the bullion.
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See how retail traders are positioning in the majors using the IG Client Sentiment readings on the sentiment page.