GOLD PRICE FORECAST:Gold prices slump on Monday amid strong U.S. dollar and fears that the Fed will follow through on its plans to hike interest rates aggressively at upcoming FOMC meetingsThe fundamental outlook...
USD/CAD OUTLOOK: NEUTRAL TO BEARISHUSD/CAD falls modestly on the week, with the Canadian dollar receiving some support from the strong rally in oil pricesThe Loonie could mount a decent recovery if market sentiment...
SEPTEMBER JOBS REPORT KEY POINTS:The September jobs report showed that the U.S. economy added 263,000 workers last month versus expectations of a gain of 250,000 payrolls. Meanwhile, the unemployment rate fell to 3.5%,...
EUR/USD FORECAST:Euro tumbles dragged down by broad-based U.S. dollar strength in the FX marketEUR/USD maintains a negative outlook in the near-termThe U.S. employment report will be a source of volatility for financial markets...
US MIDTERM ELECTIONS OUTLOOK:US midterm elections will be held on November 8 this year.The Democrats, who currently control both houses of Congress, could lose their slim majority, paving the way for political gridlock...
GOLD PRICE KEY POINTS:Gold prices turn lower on Wednesday, pressured by broad-based U.S. dollar strength and strong rebound in U.S. Treasury yieldsBetter-than-expected U.S. economic data backs case for Fed to remain on hawkish...
