Bitcoin (BTC/USD) Price Outlook – Mastercard Preparing Crypto Payments, Will Twitter Follow Tesla?
A cluster of the world’s largest companies are now looking at Bitcoin, and other stable coins, as a potential means of digital payment
British Pound (GBP) Latest: GBP/USD Trend Higher Still Intact
GBP/USD continues to gain ground, and could well gain more, as the US Dollar is weakened by a dovish Fed, the prospect of more free money and a benign US…
Canadian Dollar Forecast: Declining Infections, Oil Prices to Buoy CAD
The notable decline in local coronavirus infections, in tandem with crude oil’s surge to post-crisis highs, may buoy the Canadian Dollar against its haven-associated counterparts.
Platinum Price Charges to 6-Year High, Crude Oil Eyeing OPEC Outlook Report
Platinum rose to a 6-year high as crude oil prices wobbled during a choppy session for the S&P 500. Platinum may be at risk of fading price momentum, with oil…
Gold, Silver Forecast: Real Rates, Weak USD May Underpin XAU, XAG
Climbing inflation expectations, falling real rates of return, and a weaker US Dollar may bolster precious metal prices and pave the way for gold and silver to move higher.
Dow Jones, Hang Seng, ASX 200 Outlook: Chinese New Year Bringing Lower Liquidity
Asia-Pacific equities look set to open lower following a mixed session on Wall Street. Chinese stock markets are shut for the week-long Chinese New Year holiday, while HK is trading…
Bitcoin, Litecoin, Ripple Outlook: Mastercard to Embrace Certain Cryptocurrencies
Bitcoin, Litecoin and Ripple price momentum seems to be fading as Mastercard Inc. said it will begin opening its network to certain cryptocurrencies. What are support levels to watch?
US Dollar Outlook: USD/MXN Volatility to Rise as Banxico Looms
US Dollar bears took a breather during Wednesday's trading session while market sentiment softened. USD/MXN looks ripe for volatility in light of the Banxico rate decision due.
Gold Price Forecast: XAU/USD Runs into Resistance, Will it Reverse Lower?
Gold has endured a volatile February thus far after suffering a rapid decline to start the month followed by an about-face that saw most losses recouped. Now encountering resistance, will…
Oil Price Eyes Channel Resistance as Inventories Fall for Third Week
The price of oil approaches the upper bound of the ascending channel established in November as US crude inventories contract for the third consecutive week.