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British Pound (GBP) Latest: Sterling Boosted by UK Government Re-Opening Plan

Posted by By 06/07/2021Posted inForex
GBP given additional boost as UK Government announces final stage plans of re-opening the economy.
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Gold Prices at Two-Week Highs as The US Dollar Falls, Eyeing $1,800

Posted by By 06/07/2021Posted inForex
Gold prices traded at two-week highs as a weaker US Dollar bolstered the appeal of the yellow metal. The MACD indicator formed a bullish crossover, hinting at further price gains.
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Australian Dollar Up as the RBA Scales Down QE, Talks Up Recovery

Posted by By 06/07/2021Posted inForex
The Australian Dollar fell as the RBA moved to reduce the size of weekly QE asset purchases while talking up a stronger-than-anticipated economic recovery.
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USD/JPY to Try to Move Higher out of Macro Wedge: Q3 Top Trading Opportunities

Posted by By 06/07/2021Posted inForex
USD/JPY had been in a narrowing range the past few years, and on that was a chart that had been of interest for some time for the very reason that…
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Crude Oil Gains to Persist; Stocks to Stay on Their Rocket: Q3 Top Trading Opportunities

Posted by By 06/07/2021Posted inForex
Despite some twists and turns, the first half of the year was indeed about the growth story, and heading into 3Q’21, it appears that the tune will remain the same.
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Nasdaq 100 at Record High, ASX 200 Eyes RBA Meeting for Clues

Posted by By 06/07/2021Posted inForex
The Nasdaq 100 closed at an all-time high as strong NPF data boosted market confidence. Oil prices rallied after OPEC+ talks broke down again. The RBA meeting will be closely…
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Short USD/BRL on BCB’s Aggressive Tightening: Q3 Top Trading Opportunities

Posted by By 05/07/2021Posted inForex
The Brazilian real has been one of the best performing emerging market currencies during the second quarter of 2021, gaining more than 14% against the US dollar.
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Equities Q3 Fundamental Forecast: Stocks to Enjoy Continued Economic Recovery, Seasonality a Concern

Posted by By 05/07/2021Posted inForex
The Dow Jones, S&P 500 and Nasdaq 100 entered the third quarter on the back of yet another strong showing in the post-pandemic era as stocks continued to climb across…
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Long EUR/HUF, USD/HUF: Q3 Top Trading Opportunities

Posted by By 05/07/2021Posted inForex
Back at the end of June, the National Bank of Hungary became the first of the European Union’s central banks to start increasing interest rates to ward off the possibility…
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Oil Q3 Technical Forecast

Posted by By 05/07/2021Posted inForex
Oil drifted higher throughout Q2 despite worsening pandemic conditions. What to expect in Q3?
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