Mes: abril 2021

British Pound (GBP) Latest: Profit-Taking in GBP/USD to Continue Near-Term

GBP/USD is easing back on profit-taking after its recent gains and that may continue for a while, although the longer-term trend higher remains in place.

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Gold Prices May Turn Lower on US Fiscal Outlook, FOMC Minutes

Gold prices may fall as firming prospects for an expansive fiscal boost in the US stoke inflation expectations, lifting yields and the US Dollar. March FOMC meeting minutes may help.

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Dow Jones, Nasdaq Forecast: Equities May Extend Gains on Falling Treasury Yields

Disappointing wage growth figures and the prospect of a smaller-than-expected infrastructure spending package may cool inflation fears, tame the rise in long-term Treasury yields and in turn pave t…

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Indian Rupee Risks Reversing as USD/INR Gains on RBI Rate Hold, Bond Purchase News

The Indian Rupee weakened after the RBI left rates unchanged in April while announcing a bond purchasing plan. USD/INR is attempting to push above key resistance from 2020, opening the door to reve…

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