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Australian Dollar Forecast: Iron Ore Prices Counterbalancing Dovish RBA

Posted by By 13/02/2021Posted inForex
The Australia Dollar may continue to gain ground on the back of surging iron ore prices, despite the RBA’s decision to extend its current $100 billion bond purchasing program.
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Euro Stoxx 50 Climbs to Pandemic Record, 10yr Bund Yields Rise to Five Month High

Posted by By 12/02/2021Posted inForex
Despite continued economic struggles in the Eurozone, the EU Stoxx 50 has risen to a fresh pandemic high and yields on the 10yr German Bund continue to rise, signaling rising…
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South African Rand Dollar Forecast: USD/ZAR Eyes January Lows

Posted by By 12/02/2021Posted inForex
USD/ZAR looks to test January lows following the State of the Nation Address
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British Pound Outlook: Sterling Continues to Move Higher, Vaccination Program Hitting Target

Posted by By 12/02/2021Posted inForex
Sterling continues to move higher, with 13 positive weeks in the last 15, on marginally better-than-expected GDP data and a successful vaccination program.
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Gold, S&P 500 Firm Despite Consumer Sentiment Report Miss

Posted by By 12/02/2021Posted inForex
Gold price action attempts to turn higher as the US Dollar slips while stocks bounce off session lows following the consumer sentiment report release that just crossed market wires.
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USD/MXN Technical Outlook Remains Bearish

Posted by By 12/02/2021Posted inForex
The USD continues to remain stuck in an unrelenting downtrend; March trend-line a steady guide lower.
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Bitcoin Technical Outlook: Watch the BTC/USD Parabolic Curve

Posted by By 12/02/2021Posted inForex
BTC/USD appears to be flying with reckless abandonment, but is actually doing so within a technical framework traders can look-to.
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Currency Volatility for the Week Ahead: GBP/USD & AUD/USD in Focus

Posted by By 12/02/2021Posted inForex
Currency volatility hovering around recent lows, prompting sideways price action across FX markets.
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Gold Price Outlook: XAU/USD Giving Back All of This Week's Gains

Posted by By 12/02/2021Posted inForex
A see-saw week for gold with all of the gains seen in the first half of the week given back in the second half as traders struggle to find a…
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DAX 30, CAC 40 Forecast: Indecision Creeps in, Bears Try to Regain Control

Posted by By 12/02/2021Posted inForex
Equity markets are struggling to find further upside despite positive data and sentiment
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