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Rhetoric

Gold Rallies as Fed Chair Powell Sticks to Post FOMC Rhetoric

Gold (XAU/USD) PRICE, CHARTS and ANALYSIS: Recommended by Zain Vawda Get Your Free Gold Forecast MOST READ: Dow Bulls Have Another Chance, Dollar Needs a New Foothold to Keep Climbing Gold (XAU/USD) FUNDAMENTAL BACKDROP Gold continued its push higher ahead of the European open this morning before stalling, helped largely by a weaker dollar index …

Gold Rallies as Fed Chair Powell Sticks to Post FOMC Rhetoric Read More »

USDCAD Outlook Builds on Bullish View as Fed Rhetoric Feeds Rate Forecasts

USDCAD, CADJPY, Federal Reserve, Rate Forecasts and Data Talking Points: The Market Perspective: USDCAD Bullish Above 1.3500 USDCAD is returning to the former ‘neckline’ of a six week head-and-shoulders pattern at 1.3500 after an extended consolidation above support at the 38.2% Fib of the 2021-2022 range Fed speak Monday seemed to further project a central …

USDCAD Outlook Builds on Bullish View as Fed Rhetoric Feeds Rate Forecasts Read More »

USD/CAD Rangebound as Hawkish Fed Rhetoric Fails to Convince US Dollar Bulls

USD/CAD Rangebound as Hawkish Fed Rhetoric Fails to Convince US Dollar Bulls Teaser: USD/CAD remains on course to snap a four-week losing streak. How likely are we to see a retest of the 1.35 breakout level heading into next week? Key Points: Recommended by Zain Vawda Get Your Free USD Forecast USD/CAD FUNDAMENTAL OUTLOOK The …

USD/CAD Rangebound as Hawkish Fed Rhetoric Fails to Convince US Dollar Bulls Read More »

Crude Oil Price Boosted by Saudi Arabian and OPEC+ Rhetoric Trumping any Iran Deal

Crude Oil, US Dollar, OPEC+, WTI, Brent, Saudi Arabia, China, Fed – Talking Points Crude oil prices have recovered after vested interest commentary Any US-Iran deal has been overwhelmed by fears of production cuts If the global growth outlook remains opaque, where will WTI crude end up? Crude oil tried to go lower to start …

Crude Oil Price Boosted by Saudi Arabian and OPEC+ Rhetoric Trumping any Iran Deal Read More »

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