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- Nasdaq 100 Hits Record High as Powell Signals Tapering by Year End
- Mexican Peso Forecast: Powell Paves the Way for USD/MXN Weakness in the Near Term
- EUR/USD Forecast: Euro Runs into Resistance, More Gains Ahead?
- Gold Forecast: XAU Traders Eye NFPs After Jackson Hole, Kabul Attack
| Nasdaq 100 Hits Record High as Powell Signals Tapering by Year End Posted: 29 Aug 2021 06:00 AM PDT Tech stocks extended higher into the record territory even though Fed Chair Jerome Powell prepared the markets for the Fed tapering. Interest rate hikes are likely to be far away, alleviating press...  |
| Mexican Peso Forecast: Powell Paves the Way for USD/MXN Weakness in the Near Term Posted: 29 Aug 2021 12:00 AM PDT The Fed's dovish taper tone at the Jackson Hole Symposium is likely to depress US treasury rates and weigh on USD/MXN in the near term as traders seek to exploit higher yields in EMFX.  |
| EUR/USD Forecast: Euro Runs into Resistance, More Gains Ahead? Posted: 28 Aug 2021 06:00 PM PDT Powell inspired lift for EUR/USD, eyes on key US data.  |
| Gold Forecast: XAU Traders Eye NFPs After Jackson Hole, Kabul Attack Posted: 28 Aug 2021 12:00 PM PDT Gold rose into the weekend after Fed Chair Powell offered no clear signal on tapering. XAU traders are shifting focus to next week's non-farm payrolls print as geopolitical risks linger.  |
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