(MENAFN-DailyFX) US DOLLAR PERFORMANCE VS. CURRENCIES AND GOLDFundamental Predictions:
S&P 500, FTSE 100 week ahead: Jackson Hole Symposium in focus
The S&P 500 records its first weekly decline in a month. FTSE 100 defies gravity
Euro Prediction – EUR/USD tumbles into parity as US dollar bulls run amok
The euro, along with a number of other majors, is looking rather helpless in the face of a rampant US dollar at par – EUR/USD 1,000 – which is unlikely to halt the recent sell-off.
Gold Price Prediction: Bullion finds relief as US inflation slows
The US Personal Consumption Expenditure (PCE) price index update may contain weakness in gold prices as the report is expected to show a slowdown in inflation.
British Pound (GBP) Weekly Forecast: Scorching inflation reignites fears of stagflation
Sterling bearish momentum builds on red-hot inflationary pressures and rising rate hike expectations.
Canadian Dollar Weekly Forecast: USD/CAD holds steady ahead of major US economic data
USD/CAD will be subject to USD specific factors next week as downside risk remains on the Canadian dollar.
Bitcoin Ethereum Outlook: BTC/USD, ETH/USD charged by the Fed
Risk assets fell this week as USD strength rocked markets. Bitcoin and Ethereum give up gains from August. US data and Jackson Hole could push prices either way.
Technical forecasts:
US Dollar technical forecast for the coming week: USD rises to resistance
The US dollar rose more than 2.5% from monthly lows, with a breakout of the August range eyeing a run to the highs. Key levels on the DXY weekly technical chart.
S&P 500, Nasdaq 100, Dow Jones forecast for the coming week
US stocks finally found resistance this week as the S&P 500 hit the bottom of the 200-day moving average. Will this resistance lead to a turning point?
Weekly Japanese Yen Technical Forecast: Ranges Galore
USD/JPY has staged an impressive recovery since the CPI dollar sell-off and now has a yearly high in sight. AUD/JPY consolidates and offers trading opportunities in the range
Gold Price and Silver Prediction – XAU/USD, XAG/USD not looking too good
Gold and silver declines need to stop soon or the trend from the highs to new cycle lows is likely to continue in the coming days/weeks.
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