AUD/USD Threatens Descending Channel Ahead of Australia GDP Report
The update to Australia
Natural Gas Surge to Multi-Year Highs as US Production Restored after Ida
US production of natural gas shuddered ahead of Hurricane Ida is reopening and the alleviation of the temporary supply constraint has pulled futures prices back from their highest levels since Dece… Read More
Canadian Dollar Price Forecast: USD/CAD Sinks to Support – Loonie Levels
USD/CAD held support at a big spot last week, even as USD was pushing lower. Can USD/CAD bulls hold the line even as Oil prices threaten a breakout? Read More
USD/JPY Rate Defends Defined Range Ahead of US NFP Report
USD/JPY may face range bound conditions ahead of the US Non-Farm Payrolls (NFP) report amid the lack of momentum to hold above the 50-Day SMA (110.12). Read More
USD/MXN Slides on Lower US Treasury Yields, Market Focus Turns to NFP Data
USD/MXN extends Friday’s decline and falls moderately on Monday as U.S. Treasury yields lose further ground following Powell’s dovish remarks at Jackson Hole. Read More
Crude Oil Outlook: OPEC+ Meeting Overshadows Hurricane Ida as WTI Prices Stall
WTI crude oil prices stall below $70 despite Hurricane Ida threatening supply imbalances. Ahead, oil traders are eyeing the OPEC+ meeting expected on Wednesday. Read More
New Zealand Dollar Forecast: NZD/USD Pinned on Covid Woes as Chinese PMI Looms
The New Zealand Dollar is softening versus the US Dollar as Covid woes weigh on sentiment. Traders are eying today’s PMI data out of China, which may have market-moving potential. Read More
Nasdaq 100 Forecast for the Week Ahead: 16000 in Focus as Non-Farm Payrolls Near
The Nasdaq 100 hit another record, nearing 16000 in the aftermath of the Fed
Australian Dollar Looks Past China Non-Manufacturing PMI Slump, Will AUD/USD Rise?
The Australian Dollar brushed off a disappointing Chinese Non-Manufacturing PMI report, coming in at 47.5 against 52.0 expected. Will AUD/USD push higher? Read More
Big Lots, inc (BIG) Q2 2021 Earnings Call Transcript
BIG earnings call for the period ending July 31, 2021. Read More