Gold Price Outlook: Bullion Aiming Higher on Dovish FOMC, Biden Lead
Gold prices may continue to push higher on the back of the increasing likelihood of a Biden presidency, ‘Blue Wave’ hopes and a dovish Federal Reserve.
Crude Oil Prices Sink, Gold Soars on US Vote Count as Jobs Report Nears
Crude oil prices fell as Joe Biden gained votes and Saudi Arabia announced price cuts in Asia. Anti-fiat gold prices soared before US jobs data. Is XAU/USD readying to push…
Indian Rupee, Nifty 50 Forecast: USD/INR Sinks on US Election, Index Eyes Record High?
The Indian Rupee and Nifty 50 rose as markets bet on a Joe Biden election win. Will USD/INR retest September lows? Might India’s benchmark stock index push towards new all-time…
Dow Jones Eyes Higher Highs on Tight Election Race, ASX 200 May Rise
US stocks climbed four days in a row as Biden appears to lead the race with narrow advantage after he took several key swing states. Asia-Pacific stocks may rise. US…
US Dollar May Rebound as Presidential Election Results Solidify
The US Dollar may rebound as markets ponder limited scope for fiscal and monetary stimulus after results of the presidential election solidify.
Gold Price Forecast: Precious Metals Soar as US Dollar Sinks
Gold and silver price action surges to multi-week highs with precious metals advancing on the back of broad-based US Dollar weakness as volatility simmers in the wake of the election.
Canadian Dollar Forecast: USD/CAD Falls to Big support
USD/CAD underwent a significant reversal this week, weathering both the Presidential election and a Federal Open Market Committee meeting. The pair has slipped to major support as a result.
US Dollar, S&P 500 Overlook FOMC Rate Decision as Election Drags
The US Dollar and S&P 500 changed little in response to the latest Federal Reserve interest rate decision with the central bank leaving its monetary policy stance unchanged as widely…
DAX 30, FTSE 100, CAC 40 Forecasts for the Week Ahead
While US stocks have led the charge higher this week, the DAX 30, FTSE 100 and CAC 40 have enjoyed rallies of their own, retaking key technical levels in the…
Mexican Peso Outlook: USD/MXN Election Reversal to Multi-Month Low
The Mexican Peso is poised for a third weekly advance as USD/MXN breaks to fresh eight-month lows. Here are the levels that matter on technical charts post-election.