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British Pound (GBP) Latest: EUR/GBP Breaking Lower, More Losses Possible

Posted by By 02/02/2021Posted inForex
A sharp drop in EUR/GBP over the last few weeks has taken it well below an important support line on the charts, suggesting further falls are likely.
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Japanese Yen: USD/JPY Hits 105.00 as U.S. Stimulus Optimism Reemerges

Posted by By 02/02/2021Posted inForex
USD/JPY hits key resistance at 105.00 but has bullish momentum run out of steam?
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Dow Jones, Nasdaq 100 May Rise on Stimulus Hopes, Vaccination Progress

Posted by By 02/02/2021Posted inForex
The Dow Jones and Nasdaq 100 may continue moving higher in the near term, as investors cheer progress on the coronavirus vaccination front and the prospect of additional fiscal stimulus.
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US Dollar Forecast: USD/SGD, USD/THB, USD/IDR Holding Despite Stock Volatility

Posted by By 02/02/2021Posted inForex
Despite stock market volatility, the anti-risk US Dollar struggled to capitalize against the Singapore Dollar, Thai Baht and Indonesian Rupiah. What is in store for it this week?
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Australian Dollar Falls as RBA Adds Second Round of Bond Purchases

Posted by By 02/02/2021Posted inForex
The Australian Dollar reacted to the downside as the latest RBA policy decision crossed the wires, with the cash rate and 3-year bond target remaining at 0.10%.
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Japanese Yen Price Outlook: USD/JPY to Rise as 10Y Yields Turn Higher

Posted by By 02/02/2021Posted inForex
The Japanese Yen may continue to lose ground against the US Dollar in the near term as rising inflation expectations, fiscal stimulus hopes and vaccine progress buoy yields.
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S&P 500, ASX 200, Silver Price Outlook: Tech-Led Rally as Viral Cases Drop

Posted by By 02/02/2021Posted inForex
A strong rebound in US equities may lead Asia-Pacific markets higher, with technology and mining stocks in focus. The CME raised silver future margins by 18% amid heightened volatility in…
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New Zealand Dollar Outlook: NZD/USD Eyeing Jobs Report, Wall Street Bounces Back

Posted by By 02/02/2021Posted inForex
NZD/USD is awaiting New Zealand Q4 employment data over the next 24 hours after Monday's Wall Street session. There, the S&P 500 and Dow Jones roared back to life as…
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US Dollar Outlook: AUD/USD Primed for Volatility with RBA on Tap

Posted by By 01/02/2021Posted inForex
The US Dollar strengthened broadly throughout Monday's trading session and pushed the DXY Index to eight-week highs. AUD/USD price volatility might intensify around the RBA decision due.
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Silver Price Forecast: The Next GameStop? – Levels for XAG/USD

Posted by By 01/02/2021Posted inForex
Financial media has been hyping silver as the retail crowd’s next big trade following the GameStop short squeeze. Let’s relax.
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