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- Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Yen, AUD/USD, RBA, USD/CAD, BoC
The Dow Jones, S&P 500 and Nasdaq 100 slumped as volatility swept through markets. The US Dollar and Japanese Yen gained as crude oil prices declined. US CPI, the RBA and BoC rate decisions are on … - S&P 500 Weekly Forecast: Omicron Fears May Weigh on US Stocks; Reopening Trade at Risk
U.S. stocks, particularly the reopening basket, may come under more pressure in the near term as traders trim positions in risk assets amid omicron variant uncertainty and fragile sentiment. - USD/JPY on the Cusp of Reversal as All Yen Crosses Yield to Risk Trends
The volatility that has stirred in the broader financial markets doesn’t full encompass the retreat in a range of ‘risk’ assets that we have seen for some weeks. That erosion has hit many of the Ye… … - Euro Week Ahead Forecast: EUR/USD Bounce May Be Over Already
EUR/USD was relatively stable last week but it is still hard to see a stronger recovery unless the European Central Bank reverses its position that a tightening of Eurozone monetary policy is not n… - Gold Makes Third Successive Weekly Decline As General Market Sentiment Whipsaws
Gold, much like many other markets this week, witnessed a change in sentiment as Omicron fears and questions over aggressive tapering bets eased. - US Dollar Fundamental Forecast: DXY Primed Ahead of CPI Data
The US Dollar index closed higher for the sixth consecutive week as fundamental tailwinds buoyed the Greenback. This week’s CPI data may push the DXY index higher on hawkish Fed rate hike bets. - USD/CAD Outlook Hinges on Bank of Canada (BoC) Rate Decision
The Bank of Canada’s (BoC) last interest rate decision for 2021 may keep USD/CAD afloat as the central bank is expected to retain the current policy. - Australian Dollar May Wobble on RBA Rate Decision, Omicron Variant and US CPI
The Australian Dollar remains vulnerable ahead of the last RBA rate decision of 2022. The Omicron Covid-19 variant poses a risk if strict lockdowns ensue. Will AUD/USD’s decline extend? - GBP Forecast: Omicron Adds Uncertainty to BoE Rate Rise
Scientific data on vaccine efficacy a trigger for a BoE rate rise this month. - Metaverse Cryptocurrencies: What Exactly Are You Buying?
“The Metaverse” has gone from niche sci-fi novel concept to Facebook’s product strategy. We’ve seen Metaverse related crypto-games such as Decentral land (MANA), Sandbox (SAND) and Enjin Coin (ENJ)… … - US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, AUD/USD
USD bulls have made another push this week, even after the Omicron-fueled scare from last week. EUR/USD, GBP/USD and AUD/USD are all nearing major inflection points. - Red Hot Services PMI Data Reflects the Strength of the US’s Largest Sector
US Non-Manufacturing PMI data compiled by the ISM beat expectations by marking a new high for 2021 - NFP Disappoints, 235k v/s 550k, USD Bid After Pullback
This morning’s NFP report had a disappointing headline figure to go along with Average Hourly Earnings. But, the unemployment rate dropped to 4.2%, beyond the Fed’s threshold for ‘maximum employment.’ - NFP and Forex: What is NFP and How to Trade It?
Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading. - Crude Oil Overview: OPEC+ Agrees on Output Increase, Oil’s Sharp sell-off Analyzed
Crude oil has recovered from yesterday’s sell-off however, volatility may return as official Omicron-related data is yet to filter through to markets