Key Talking Points: Vaccine hopes keep equities supported EUR/USD pushes to highest level since 2018 above 1.20 DAX 30 struggles to clear key resistance as rising wedge pattern starts to… Read more »
GBP price, Brexit news and analysis: GBP/USD was knocked back modestly in early European trade Wednesday after a report that Michel Barnier has warned EU ambassadors that there may be… Read more »
CRUDE OIL PRICE OUTLOOK: Crude oil prices extended losses ahead of an OPEC+ meeting, despite a weaker US Dollar The API reported a 4.146-million-barrel rise in crude stockpiles for the… Read more »
AUD/USD, Australian GDP, Sentiment – Talking Points Australia’s Q3 GDP growth rate crosses the wire at 3.3% QoQ AUD/USD moved higher but reaction appears underwhelming Annual growth still down by… Read more »
S&P 500, STRAITS TIMES, CHINA A50, ASX 200 INDEX OUTLOOK: US equity futures erased some gains after a “risk-on” session, the S&P 500 closed at record high Congress is bringing… Read more »
Silver, XAG/USD, Australian GDP – Talking Points Silver prices soared today as stimulus hopes reemerged in the U.S. US Dollar breaches fresh multi-year lows as sentiment improves Australian GDP is… Read more »
US Elections’ FX Market Impact: Winners Both USD/CAD and USD/MXN rates showed significant weakness in the immediate reaction to the US presidential election results. The US political and vaccine development… Read more »
Australian Dollar Talking Points AUD/USD consolidates ahead of Australia’s Gross Domestic Product (GDP) report as the data is expected to confirm the first recession in nearly 30 years, but key… Read more »
Euro Forecast Overview: A new month brings new fortunes. The Euro is starting off December on strong footing, with all EUR-crosses rallying thus far on December 1. As EUR/USD rates… Read more »
NFP and Forex Trading: MAIN TALKING POINTS Non-Farm Payrolls (NFP) releases create volatility in the forex market. NFP measures net changes in employment jobs. Forex traders use an economic calendar… Read more »