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Australian Dollar Price Outlook: AUD/USD, AUD/NZD, AUD/CHF, EUR/AUD

Posted by By 26/03/2021Posted inForex
The Australian Dollar looks set to extend losses against its lower-beta counterparts. However, the currency may continue pushing higher against its trans-Tasman counterpart. AUD/USD, AUD/NZD, AUD/C...
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Dow Jones May Lead Hang Seng, ASX 200 Higher as the Fed Lifts Bank Dividend Restrictions

Posted by By 26/03/2021Posted inForex
Wall Street stocks rebounded broadly as the Fed allowed banks, which can clear stress tests, to raise dividends after this June. The US Dollar rose on strong economic data. Asia-Pacific…
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US Dollar Reversal Losing Momentum? USD/SGD, USD/PHP, USD/THB, USD/IDR

Posted by By 26/03/2021Posted inForex
The US Dollar looks most poised to rise versus the Thai Baht and Philippine Peso on bullish technical developments. USD/SGD and USD/IDR look more restrained following recent gains.
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Mexican Peso Gains on Banxico Rate Hold, Sending USD/MXN Towards Key Support

Posted by By 25/03/2021Posted inForex
USD/MXN pushed lower as the Peso strengthened following a slightly less dovish Banxico rate decision. Meanwhile, traders continued to monitor the situation at the Suez canal.
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Gold Price Outlook: XAU/USD at the Mercy of US Dollar Strength

Posted by By 25/03/2021Posted inForex
Gold has faced headwinds for quite some time as precious metal bulls struggle to reprieve XAU/USD price action from sustained selling pressure. When might gold outlook improve?
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S&P 500, Gold, Oil Fund Flows as Virus Cases Rise

Posted by By 25/03/2021Posted inForex
S&P 500, Gold, and Oil ETFs have had mixed reactions to recent developments in the global macro outlook.
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Bitcoin Blindsided by Ban Warning from Dalio, BTC Near Key Support

Posted by By 25/03/2021Posted inForex
BTC posed an aggressive pullback after Ray Dalio mentioned the elephant in the room. But Bitcoin bulls are nearing a big test at the 50k marker.
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USD/CAD Rate Rebound Fizzles Ahead of 50-Day SMA on Less Dovish BoC

Posted by By 25/03/2021Posted inForex
The recent rebound in USD/CAD appears to be stalling ahead of the 50-Day SMA (1.2652) as the Bank of Canada (BoC) signals a looming shift in monetary policy.
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Dow Jones, S&P 500, Nasdaq 100 Technical Forecast Sours

Posted by By 25/03/2021Posted inForex
The U.S. markets are rolling over and could find themselves picking up downward momentum soon.
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The Suez Canal and the Importance for Crude Oil Prices

Posted by By 25/03/2021Posted inForex
The Suez Canal is among the top chokepoints for global oil trade, where disruptions can have a large impact on crude oil prices.
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