The US Dollar climbed 3 percent over the past 3 weeks, sustained by economic data that has been pouring cold water on Fed rate cut bets. Ahead, eyes turn to US non-farm payrolls.
Gold prices could continue to slide in the near term if real yields and the U.S. dollar extend their rebound on the back of a hawkish repricing of the Fed’s policy outlook.
US equity indices look set to extend gains in the coming week on rising hopes of a deal to raise the US debt ceiling. What are the key levels to watch in the S&P 500 and the Nasdaq 100 index?
The Australian Dollar collapsed last week with the US Dollar regaining broad-based ascendency as Treasury yields moved north on a tilt in the Fed rate path.
The US Dollar extended its winning streak alongside Treasury yields as markets priced out Fed rate cuts. Ahead, will the Federal Reserve’s preferred inflation gauge support DXY’s key breakout?
Crude oil prices may head lower in the near term, dragged down by recession risks and the U.S. debt ceiling impasse, with a double top pattern reinforcing bearish signals.
The Japanese Yen extended its losing streak against its major counterparts, largely driven by external factors as Treasury yields climbed. Will USD/JPY continue its push higher?