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Weekly Forex Forecast – EUR/USD, NZD/USD, USD/CAD, S&P 500 Index, NASDAQ 100 Index, Silver, Gold
The major takeaway from the week was increasing strength in the US economy, but the week ended with renewed fears that something will happen soon to spoil the stock market party, whether it is stubbornly firm US inflation, a potential miliary clash between NATO and Russia, or a simple extreme overvaluation which is bound to come crashing back to earth soon. An impending recession in New Zealand is also on the radar, although globally speaking this isn’t a big deal, but it certainly is making a continuing impact on the New Zealand Dollar, which fell again last week. There were new record highs in Gold, and in the ... (full story)
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This, in turn, has pushed the USD Index (DXY) to 98.60, where better sellers have emerged at the August range highs and the 100-day MA. Those long of USDs will want to see a daily close above 98.80 and below 1.1660 (EURUSD) to see technical momentum build, but that will likely require rates traders to reprice/reduce expectations for a Fed cut in the October ...
From dailyforex.com | Sep 29, 2025
Gold has been fairly noisy during the trading session here in the early hours of Friday, but it does look like we are trying to stabilize. Perhaps trying to turn things around and race back towards the highs. After all, we've had a couple of days worth of sideways action at the moment, and that might be what the doctor ordered after the shot higher.Perhaps ...
The estimated annual inflation of the CPI in September 2025 is 2.9%, according to the flash indicator prepared by the NSI. This indicator provides a preview of the CPI which, if confirmed, would mean an increase of two tenths in its annual rate, since in August this variation was 2.7%. This change is mainly due to fuel and electricity prices decreasing less ...