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Market Forecasts

Follow our market forecast for forex and gold and find expert predictions, analysis and currency forecast tools to help you trade more consistently. ​Follow our weekly forecast for forex and gold and find expert predictions, analysis and currency forecast tools to help you trade more consistently.

WTI Anticipates Additional Losses Below $77.00 As Global Central Banks Prepare For a New Rate-Hiking Cycle

As concerns of a global economic decline intensify, the oil price struggles to maintain the immediate support of $77.00. To combat persistent inflation, global central banks are preparing for a new cycle of interest rate increases. Fears of a global economic downturn have caused investors to disregard China's optimistic outlook.