Gold Price Forecast: Gold Bear Flag – but Can Sellers Drive XAU/USD?

Gold put in another resistance reaction at a key spot last week and is now limping into the week as traders zero in on the CPI release for this Wednesday.

S&P 500 Retreats Amid Rate Hike Fears, Hang Seng and ASX 200 May Follow Lower

Wall Street stocks retreated on Friday after the release of solid US jobs data. Treasury yields climbed. Asia-Pacific markets look set to open modestly lower as investors worry about Fed rate hikes…

Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Gold, CPI, Powell Hearing

The Dow Jones suffered much less than the Nasdaq 100 this past week as hawkish Federal Reserve bets dragged down the tech sector. The US Dollar is on the rise again with Treasury yields, leaving go…

Bitcoin (BTC), EUR/USD, USD/CAD Key Levels to Watch

EUR/USD rangebound, USD/CAD drops to support, Bitcoin short term bullish on false break through 40k

US Dollar Forecast: CPI Data Risks Souring Emerging Market Sentiment, Currencies

The US Dollar rose against the Singapore Dollar, Thai Baht, Indonesian Rupiah and Philippine Peso. All eyes are on US inflation data as a more hawkish Fed risks souring Emerging Market sentiment.

Be More Open Minded

My top mistake of 2021 could be labelled as more of an oversight, and one that is perhaps grounded in an irrational bias.

Atlanta Fed GDPNow growth estimate for 4Q rises modestly to 6.8% from 6.7% previously

Atlanta Fed GDPNow estimate for 4Q growth The Atlanta Fed GDPNow estimate for fourth quarter GDP saw a modest tick up to 6.8% from 6.7% previously. In their own words: “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2021 is 6.

USD/CHF powers December highs near 0.9300 as analysts expect more hawkish Fed plus signs of SNB intervention

USD/CHF hit its highest levels in nearly four weeks on Monday after breaking convincingly above the 0.9250 level for the first time since mid-December

Forex Today: US inflation takes center stage this week

What you need to know on Tuesday, January 11: The greenback seesawed between gains and losses, unable to find a clear direction and led by US Treasury

AUD/USD Weakness to Persist on Failure to Defend Monthly Range

The reversal from the December high (0.7278) may gather pace if AUD/USD fails to defend the opening range for January.