Forex Daily Forecast, Analysis and Prediction

The British pound rallied a bit on Friday as the 1.37 level has offered support, just as it has a few other times.

The FTSE 100 rallied a bit on Friday as we continue to see stocks rally in general.

The Australian dollar rallied quite significantly on Friday as Jerome Powell spoke from the Jackson Hole Virtual Symposium.

Gold markets rallied significantly on Friday as Jerome Powell gave his speech from the Jackson Hole Virtual Symposium.

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The West Texas Intermediate Crude Oil market has pulled back just a bit during the trading session on Thursday, as the US dollar picked up a bit of strength.

The DAX has fallen a bit during the course of the trading session on Thursday, reaching down below the 15,800 level.

The IBEX in Spain is a market that I do not always cover, but in the current environment makes quite a bit of sense to do so.

The S&P 500 has pulled back a bit during the trading session on Thursday, as traders will be focusing on the speech by Jerome Powell coming out of Jackson Hole.

The NASDAQ 100 has pulled back a bit on Thursday from all-time highs on Wednesday as we head towards the Jackson Hole meeting.

The Bitcoin market initially tried to rally and recapture the $50,000 level on Thursday, but at the time of writing we had reached as low as $47,000.

Gold markets have gone back and forth during the course of the trading session on Thursday as we await the results of the Jackson Hole meeting.

The Australian dollar has pulled back a bit during the course of the trading session on Thursday as the 0.73 level above continues offer resistance.