Crude Oil Price Gaps Higher on OPEC+ Output Cut Compounding Supply Issues. Higher WTI?

Crude oil prices leapt higher to start the week after an unorthodox announcement from OPEC+ to cut output, stoking concerns of a surge in inflation. Will WTI hold the gains?

from DailyFX – Market News https://bit.ly/3MjdN3k
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Markets Q2 Outlook: US Dollar, Gold, Oil, Dow, Euro, Yen, Sterling, AUD, BTC

The collapse of Silicon Valley Bank has so far seen markets squarely focus on the upside of dovish central banks as the first quarter ended. Will markets continue having it easy in the second?

from DailyFX – Market News https://bit.ly/3KnFFSF
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US Dollar Q2 Technical Forecast: Sellers Take Hold of Steering Wheel

The U.S. dollar heads into the second quarter with a negative bias, challenging a key technical support and at risk of a significant breakdown that could put the February lows in play.

from DailyFX – Market News https://bit.ly/3zphrBd
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WTI Technical Forecast: Long-Term Downtrend Remains but Signs of Fatigue Appear

Q1 unfolded with price action oscillating between key levels. Q2 shows potential for a continuation of the long-term downtrend but signs of fatigue are showing

from DailyFX – Market News https://bit.ly/3K3fak3
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Euro Q2 Fundamental Forecast: Recovery May Continue but Upside Will Be Limited

EUR/USD has the potential to keep strengthening during the second quarter of 2023, but its upside will be limited considering the current macro and financial backdrop.

from DailyFX – Market News https://bit.ly/40SBaox
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