British Pound (GBP) Price Outlook: GBP/USD Range Trading to Persist

GBP/USD will likely continue to trade within the broad 1.38 to 1.40 range in place since mid-April unless the Bank of England moves aggressively on monetary policy Thursday.

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Dow Jones Forecast: Dovish FOMC, Yellen Clarification to Drive DJI Higher

Yellen’s clarification of rate hike comments and the Fed’s dovish stance may continue to drive US equity prices higher near term.

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Crude Oil Prices Climb on Falling Stockpiles, Easing Lockdowns in the US and Europe

A large draw in API crude inventories sent oil prices higher on Wednesday alongside economic reopening optimism in the US and the UK. Viral resurgence in parts of Asia remain a wildcard for oil tra…

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Gold Prices May Rise Despite Muddled Yellen Remarks and Here is Why

Gold prices stabilized after US Treasury Janet Yellen clarified that she isn’t forecasting interest rate hikes in the near term. Rising inflation expectations, falling real yields and a viral resur…

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Natural Gas Outlook: Path Higher Brightens on Cooler Temps, Trendline Recapture

Natural gas prices moved higher, capturing a long-term trendline that could support the heating commodity’s price in the coming weeks as colder temps support fundamental side.

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