British Pound (GBP) Price Outlook: GBP/USD Challenging Support

GBP/USD is edging lower, with trendline and moving average support both being tested as the US Dollar firms on persistent talk that the Fed will soon start discussing a tightening of monetary policy.

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US Dollar May Rise as Inflation Fears, Fed Outlook Hoard the Spotlight

The US Dollar may rise amid speculation that higher-than-expected inflation readings will prompt sooner-than-expected tapering of Fed monetary stimulus.

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Crude Oil Prices Drop on APAC Viral Resurgence, Iranian Supply Worries

WTI prices pulled back slightly as markets weighed extended restrictions in Japan and renewed lockdowns in Australia’s Victoria state. Concerns about Iranian supply may also limit oil’s upside pote…

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Gold Prices Pull Back From $1,900 as Stimulus Tapering Fears Gear Up

Gold prices retreated for a second day after the NBNZ hinted that it may start hiking rates next year, stoking fears about a wave of central bank tightening. The US Dollar and yields rebounded, wei…

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BTC/USD Recovery Halted on Iran Headlines, but Technicals Hint at More Upside

Bitcoin’s recovery from the psychological 30,000 level was interrupted by negative headlines out of Iran. However, the cryptocurrency’s technical posture suggest the ride higher may continue.

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