Stronger all Round as Brexit Talks Resume
GBP price, Brexit news and analysis: GBP/USD is rising, EUR/GBP is falling and many of the Sterling crosses are heading higher as traders move cautiously into riskier assets and take… Read more »
Category: News
US Dollar, Gold , Dow Jones, Sterling, US Stimulus, NFPs
Global risk appetite continued to sour this past week. In the United States, the Dow Jones and S&P 500 declined while the tech-heavy Nasdaq Composite managed to inch out a… Read more »
US Presidential Election May Spook Volatility
S&P 500 FUNDAMENTALFORECAST: BEARISH Volatility may be elevated in view of presidential debates and a pending US fiscal stimulus plan US presidential election, coronavirus resurgence, and rising US Dollar are… Read more »
Banxico Tries to Aid Economic Recovery
USD/MXN Technical Forecast: Neutral USD/MXN looks set to resume upside momentum after a volatile week has left the pair pushing above key resistances as a risk-off move returned a much… Read more »
EUR/USD Outlook Still Bearish But Bounce Due
Chart created with TradingView Fundamental Euro Forecast: Bearish Faced with a strong US Dollar on safe-haven demand and fears of a second wave of the coronavirus pandemic washing across Europe,… Read more »
No Respite for Euro as German Ifo Index Misses Expectations
EUR price, Ifo index analysis: The business climate index published by Germany’s Ifo Institute rose again in September but missed the consensus forecast of economists. That adds to concerns about… Read more »
Sellers Drive as Q4 Open Nears
Dow, Nasdaq Price Analysis: After an aggressive stimulus-driven rally drove prices in equities throughout the summer, a bit of uncertainty has begun to enter the equation. So far in September… Read more »
Canadian Dollar Recoils at 100-Day MA
CANADIAN DOLLAR OUTLOOK: USD/CAD PRICE ACTION PIVOTS LOWER AFTER CLASHING WITH 100-DAY MOVING AVERAGE USD/CAD price reverses lower as the US Dollar surrenders recent gains back to the Loonie Canadian… Read more »
Rising US Dollar Sinks XAU/USD, Will Losses Extend?
Crart created with TradingView Gold Fundamental Outlook: Neutral Gold prices suffered as the US Dollar gained ground Falling Treasury yields could yet offer some cushion All eyes turn to US… Read more »
Gold Price Forecast Sours as Losses Mount
Gold Price Outlook: After suffering steep losses Monday, gold declines have continued, threatening secondary support Still, the fundamental outlook for the precious metal has remained constant Thus, the longer-term outlook… Read more »