Bank of America sees limited positioning constraints for bearish USD view
Bank of America sees limited positioning constraints for bearish USD view
Source link
Similar Posts
Pound Sterling Price News and Forecast: GBP/USD holds steady as traders continue to digest the UK’s Autumn Budget | FXStreet
GBP/USD Weekly Forecast: Pound Sterling recovery at risk ahead of fresh batch of US data The Pound Sterling (GBP) staged an impressive recovery against the US Dollar (USD), as GBP/USD clinched fresh monthly highs above the 1.3250 psychological level. Amidst increased odds of interest rate cuts by the Bank of England (BoE), GBP/USD found its…
Costco Wholesale Corp. $COST Can Decline 25% Before Providing a Buying Opportunity – Forex Market Analysis – ForexCycle.com
Hello Traders! Today, we’ll take a closer look at the weekly Elliott Wave structure of Costco Wholesale Corp ($COST) and discuss why the current pullback may present an upcoming buying opportunity. 5 Wave Impulse Structure + ABC correction $COST Weekly Elliott Wave View April 8th 2025: Since the low in May 2022, $COST has been…
EUR/USD Weekly Outlook – Action Forex
EUR/USD rebounded last week but lost momentum after hitting 1.1788. Initial bias stays neutral this week first. On the upside, above 1.1788 will bring retest of 1.1829. Firm break there will will resume whole rally from 1.0176, and target 1.1916 projection level. However, break of 1.1677 will turn bias to the downside, and extend the…
Gold Drops Below $3,300 as Fed Rate Forecasts Shift
By RoboForex Analytical Department Gold prices fell below 3,300 USD per troy ounce on Wednesday, extending losses after a 1% decline the previous day. The downward pressure stemmed from the Federal Reserve’s cautious stance, which partially offset concerns over escalating trade tensions. US President Donald Trump dismissed any further delays to tariff hikes set for…
NZD/USD Dips as Market Anticipates RBNZ Rate Cut
By RoboForex Analytical Department The NZD/USD pair continues its downward trend, dropping to 0.6240 in its third consecutive session of declines. This ongoing sell-off in the New Zealand dollar is driven by market expectations of an upcoming interest rate cut by the Reserve Bank of New Zealand (RBNZ). New Zealand’s borrowing costs are currently at…
Caterpillar (CAT) Confirms Structural Nesting in the S&P 500 (SPX) With Targets at 10,000 – Forex Market Analysis – ForexCycle.com
As a bellwether industrial stock, Caterpillar often reflects the underlying strength of the economy and signals long-term market positioning. Its price behavior tends to lead broader market trends, offering insight into structural phases rather than short-term fluctuations. Viewed through this lens, $CAT’s current action suggests stability and leadership, supporting the idea that the $SPX is…
