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  • Nasdaq 100, S&P 500, Dow Crumble as US Inflation Comes Hotter Than Expected

    US STOCKS OUTLOOK: S&P 500, Nasdaq 100 and Dow Jones sink after U.S. inflation data tops estimates Elevated price pressures in the economy may prompt the Fed to continue front-loading interest rate hikes in its coming monetary policy meetings With market sentiment deteriorating every day, risk assets will struggle to stage a meaningful rebound in the near term Most Read: US Dollar Price Action Setups -…

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  • British Pound Forecast: GBP/USD at Risk of Further Losses as the UK Economy Weakens

    GBP/USD WEEKLY FORECAST: BEARISH The British Pound posts heavy losses against the U.S. dollar during the week, falling to its weakest level since September 2020 Cooling economic activity in the United Kingdom and soaring yields in the US are likely to weigh on GBP/USD in the near term Technical signals are also bearish for Cable Most read: US Dollar Quickly Claws Back to…

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  • AUD/USD Eyes RBA Meeting Minutes to Counter US Dollar Strength

    AUSTRALIAN DOLLAR, AUD/USD, RBA MINUTES, BRENT OIL, GOLD - TALKING POINTS Australian Dollar in focus today ahead of the RBA meeting minutes Brent crude oil prices fall amid oil field shutdowns in Eastern Libya AUD/USD falls to the 61.8% Fibonacci retracement, 50-day SMA levels RECOMMENDED BY THOMAS WESTWATER Top Trading Lessons Get My Guide TUESDAY’S ASIA-PACIFIC OUTLOOK Asia-Pacific stocks are looking…

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