Weekly Fundamental US Stocks Forecast: Bull Market Takes Shape
US equity markets continue to rally, underpinned by falling short-end US Treasury yields and depressed volatility readings. Read More
Markets Week Ahead: Dow Jones, US Dollar, Gold, RBNZ, FOMC Minutes, AUD/USD, NZD/USD
Market sentiment surged last week after US inflation cooled, boosting risk-sensitive currencies and stocks. Gold also climbed against a weaker USD. The FOMC Minutes, RBNZ, jobs data and inflation r… Read More
NZD/USD Weekly Fundamental Forecast: RBNZ Hike May do Little for NZD
NZD/USD rose in the aftermath of a softer US dollar post-CPI. An advancement of demand destruction globally and proximity to China appear likely to keep NZD contained Read More
NZD/USD Weekly Fundamental Forecast: RBNZ Hike May do Little for NZD
NZD/USD rose in the aftermath of a softer US dollar post-CPI. An advancement of demand destruction globally and proximity to China appear likely to keep NZD contained Read More
Euro Weekly Forecast: EUR/USD Rallies, Gas and Drought Remain a Worry
The fundamental forecast for the Euro next week is neutral as the US CPI bounce fades. Read More
Gold Prices May Fall as Fed Fights Pivot Bets and Short Covering Slows
Gold prices surged after economic data fueled Fed pivot bets. XAU’s rally, fueled partly by short covering, may end soon, especially if the Fed sends a stronger response to ardent investors. Read More
US Dollar Vulnerable to Less Hawkish FOMC Minutes
The Federal Open Market Committee (FOMC) Minutes may drag on the US Dollar should the central bank show a greater willingness to implement smaller rate hikes. Read More
Australian Dollar Outlook Driven by US Dollar
The Australian Dollar finished higher last week after US inflation data excited markets and sent the US Dollar lower, lifting AUD/USD. Will the US Dollar dominate AUD/USD? Read More
Global Brokerage’s Net Income Surges by 22% to $37.8 Million in Q2 2022
<p>Global Brokerage Inc., the owner of FXCM, an online forex trading and contract for difference (CFD) broker, recorded a 21.6% growth in its net revenue in the second quarter of 2022.</p><p>The net revenue in the quarter came in at $37.83 million, which is a significant rise from the $31.1 million generated during <a href=”https://www.financemagnates.com/forex/global-brokerage-sees-total-net-revenues-of-3111m-during-q1-2022/”>the first quarter</a> of the year.</p><p>Global Brokerage […]
British Pound (GBP) Forecast – UK Inflation May Hit Double-Figures
The British Pound is in for a rough ride next week with the latest employment, wages, retail sales, and inflation data all set for release Read More