GBP/USD Weekly Forecast: BoE Hawks vs UK Reopening Concerns

GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.

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Crude Oil Prices Eye Key Chart Resistance with OPEC+ Meeting in Focus

Crude oil prices are hovering near a key chart resistance as traders await an OPEC+ meeting scheduled on June 1st. Iranian sanctions remain a wildcard as nuclear talks may cloud the supply outlook.

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Gold Prices Hit Four-Month High as US Dollar, Bond yields Retreat

Gold prices climbed to a four-month high as a weaker US Dollar and falling longer-dated Treasury yields bolstered the appeal of the yellow metal. ETF inflows decelerated last week.

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EUR/USD Forecast: Euro Traders Remain Cautious Ahead of German CPI

Euro wavers as traders await upcoming inflationary data, while an established short-term directional bias on EUR/USD could present itself post announcements.

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Weekly Fundamental US Dollar Forecast: Inflation Fears Linger; May US NFP Due Friday

The ongoing erosion of US real yields, thanks to rising inflation expectations and stagnant US Treasuries, has proved to be a negative influence on US Dollar.

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