AUD, NZD Weighed Down by Risk-Off Sentiment: AUD/USD, NZD/USD Key Levels To Watch
The sudden rise in new Covid-19 cases in Europe sees concerns about a third wave and further restrictions
British Pound (GBP) Latest: GBP/USD Heading Lower, UK Inflation Below Expectations
UK inflation was less than predicted last month, weakening GBP/USD. The Bank of England will likely look through the numbers but Sterling could still fall further.
Bitcoin (BTC/USD) Latest: Buy Your Tesla With Bitcoin Tweets Elon Musk
Tesla CEO Elon Musk has just tweeted that buyers can now use Bitcoin to buy their new Tesla and it looks like he will keep hold of these BTC as…
EUR/USD Bounce on Firmer PMI Unlikely to be Maintained
Flash PMI’s in the Eurozone have printed better than expectations, providing the Euro a marginal reprieve.
US Dollar (DXY) Price Forecast: Demand for Havens to Fuel USD Rebound
The tightening of coronavirus restrictions in several European nations has notably soured market sentiment in recent days and may open the door for the haven-associated USD to extend its rebound…
Gold Prices Buoyed by Falling Yields, Crude oil Plunges on Viral Concerns
Crude oil prices were weighed by a surging US Dollar amid concerns about Europe’s vaccine campaign, while gold prices were underpinned by falling real yields. Fed Chair Powell downplayed inflation…
DAX 30, FTSE 100, CAC 40 Forecast: Rising Long Bets Leave European Stocks at Risk
The DAX 30, FTSE 100 and CAC 40 may be vulnerable to losses given that retail investors are seemingly increasing upside exposure into them. What are key levels to watch…
Swiss Franc Technical Forecast: CHF/JPY, EUR/CHF Charts to Watch
The Swiss Franc's technical backdrop against the Japanese Yen and Euro reveals key technical levels that may give way to further movement amid a bearish fundamental backdrop for the safe-haven…
Japanese Yen Forecast: AUD/JPY, NZD/JPY Tumble on Souring Market Sentiment
The Japanese Yen may continue to rebound robustly against its higher-beta counterparts, as a string of lockdowns in Europe sours market sentiment. Key levels for AUD/JPY and NZD/JPY rates.
Dow Jones Falls as Viral Resurgence in Europe Threatens Recovery, Hang Seng Eye Losses while ASX 200 Gains
Wall Street stocks retreated broadly as a viral resurgence in Europe shadowed recovery prospects. The haven-linked US Dollar surged while crude oil plunged. Asia-Pacific equities may retreat as sen...