Tag Archives: wti

29 June: Forecast: Stock Indices, Commodities

  Economics/ Politics/Central Banks: The US$ remain under heavy pressure after some bullish comments from central bankers concerning monetary policy again boosted risk sentiment as traders speculated that both the BOE and the BOC may adopt tighter monetary policy measures soon. BOE Governor, Mark Carney, reversed his recent comment that there ‘is no need to raise rates soon’,… Read More »

20 June: Forecast: FX: US$/Majors

  EURUSD: 1.1148 EurUsd has traded heavily on Monday, following the Fed’s Dudley making some upbeat comments on the US economy, and the pair is finishing near the day’s lows of 1.1142. With the momentum indicators now all looking heavy, further losses look likely to test last week’s lows at just above 1.1130 beyond which would allow a… Read More »