Gold Weekly Price Forecast: XAU Caught Between Treasury Yields and USD

Gold price action was directionless last week as the precious metal was caught between tempered US Treasury yields and a surging US Dollar. Should the two forces continue, XAU/USD might stagnate.

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US Dollar Rally to Benefit from Upbeat Non-Farm Payrolls (NFP) Report

The update to the US Non-Farm Payrolls (NFP) report may keep the US Dollar afloat as employment is expected to increase for the third consecutive month.

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Australian Dollar May Wobble if Chinese and Tech Stocks Keep Sinking

The Australian Dollar wobbled as Chinese stock markets flirted with a correction. Further losses there remain a risk to the Aussie as Treasuries eye the next non-farm payrolls report.

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USD/MXN Outlook: Should Banxico Keep Rates Steady or React to Inflation?

Money markets are pricing in two possible rate hikes in 2021 as Mexico sees soaring inflation.

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Euro Forecast: EUR/USD Outlook Bleak on Lockdowns, Third Wave Fears

EUR/USD is sure to bounce back at some time but for now it’s hard to see anything but further losses as the EU struggles with a third wave of Covid-19 infections and more lockdowns.

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