David Song
David Song
Strategist
Expertise: Macroeconomics, Technical Analysis
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NZD/USD Vulnerable to Decline in New Zealand Employment
New Zealand’s Employment report may drag on NZD/USD as the update is anticipated to show another decline in job growth.
Crude Oil Price Under Pressure Going into June OPEC+ Meeting
Developments coming out of OPEC may curb the recent weakness in crude should the group continue to restrict production.
US Dollar Forecast: EUR/USD Stalls Ahead of March High
The recent rally in EUR/USD appears to have stalled ahead of the March high (1.0981) as it extends the decline from the start of the week.
US Dollar Forecast: USD/JPY Bull Flag Under Threat with Fed on Tap
USD/JPY appears to be negating a bull-flag formation as it tumbles to a fresh weekly low (146.07).
Central Bank 2024 Outlook Preview
Major central banks may switch gears in 2024 amid the weakening outlook for global growth accompanied by signs of slowing inflation.
US Dollar Forecast: EUR/USD Halts Six-Day Selloff Ahead of US NFP
EUR/USD bounces back from a fresh monthly low (1.0755) to halt a six-day selloff.
GBP/USD rally halted ahead of June 2022 high
The recent rally in GBP/USD appears to have stalled ahead of the June 2022 high (1.2617) as it snaps the series of higher highs and lows from the start of the week.