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Indian Rupee Gains, Nifty 50 Weakens on RBI Rate Hold. USD/INR Eyeing Support

Posted by By 08/02/2021Posted inForex
The Indian Rupee rose as the Nifty 50 slightly fell after the RBI left benchmark rates unchanged despite recent weakening inflation and a massive fiscal spending plan. Will USD/INR bounce?
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Markets Week Ahead: Dow Jones, Nasdaq, US Dollar, Gold, Treasuries, Central Bankers

Posted by By 07/02/2021Posted inForex
Market sentiment recovered, with the Dow Jones, S&P 500 and Nasdaq Composite charging higher. Yet, the anti-risk US Dollar stabilized amid rising longer-term Treasury yields, pressuring gold prices...
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Weekly Fundamental Mexican Peso Forecast: US Fiscal Stimulus, Silver Prices Key Factors

Posted by By 07/02/2021Posted inForex
The prospect of more fiscal stimulus from the US has lifted risk appetite. However, one key factor may be holding back the Peso.
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Will the S&P 500 Extend Its Record Rally Against Rising Yields and USD?

Posted by By 07/02/2021Posted inForex
An improved fundamental picture, positive earnings guidance and stimulus hopes appeared to have rejuvenated stock markets’ rally, but rising longer-dated yields and a stronger USD may cloud the out...
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US Dollar Outlook: USD Rips – Bear Market Rally or Reversal?

Posted by By 07/02/2021Posted inForex
The Dollar surged 0.6% into the February open with the index now up more than 2.6% off the January low. Here are the levels that matter on the DXY technical…
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Australian Dollar Technical Outlook: AUD/USD Flirting with March Trend-line Break

Posted by By 07/02/2021Posted inForex
Aussie is sitting on support, but as a new week rolls around - will it hold or fold?
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Euro Forecast: EUR/USD Outlook Bleak as Traders Rush for US Dollars

Posted by By 07/02/2021Posted inForex
EUR/USD broke below 1.20 last week for the first time since December 1 last year and as traders pile in to US Dollars the pair looks destined to fall further.
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Sterling (GBP) Price Outlook: GBP/USD Shackled by the US Dollar, EUR/GBP Hitting Fresh Lows

Posted by By 06/02/2021Posted inForex
Sterling continues its gentle move higher across a broad range of currencies, although US dollar strength is limiting GBP/USD gains.
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Gold, Silver Price Forecast: USD and Yields Turn Higher as Economic Data Improves

Posted by By 06/02/2021Posted inForex
Precious metals are struggling to hold their ground as uncertainty hedges are unwound.
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Canadian Dollar Outlook: AUD/CAD, NZD/CAD Post-Jobs Report Levels to Watch

Posted by By 06/02/2021Posted inForex
AUD/CAD and NZD/CAD pushed higher after a worse-than-expected Canadian jobs report sapped Loonie strength.
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