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Australian Dollar Spikes Lower as RBA Cuts Rates, Launches QE Program

Posted by By 03/11/2020Posted inForex
The Australia Dollar spiked lower against its major counterparts after the Reserve Bank of Australia cut the official cash rate and introduced a $100 billion QE program.
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Dow Jones Climbs Before Election, Sending Heatwaves Across Asia-Pacific

Posted by By 03/11/2020Posted inForex
The Dow Jones rose 1.6% a day before the US election, setting a positive tone for Asia-Pacific equities. Markets appeared to have anticipated a “Blue Wave” election outcome, which is…
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Crude Oil Prices Ripe for Rebound One Day Ahead of Presidential Election?

Posted by By 03/11/2020Posted inForex
Crude oil prices may be ripe for a rebound as the cycle-sensitive commodity shows signs of bottoming out at key support less than 1 day before the US presidential election.
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Australian Dollar Forecast: AUD/USD Tests Support Ahead of RBA

Posted by By 02/11/2020Posted inForex
AUD/USD probes the critical 0.7000-price level once again as the pro-risk Australian Dollar faces broader selling pressure headed into the upcoming RBA decision, but will support hold?
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Nasdaq 100 Pre-Election Outlook: What Sectors Are at Risk?

Posted by By 02/11/2020Posted inForex
Technology stocks have been a weak spot over the last two weeks as traders shy away from some of the market’s most risky assets. Will pain continue after the election…
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Canadian Dollar Price Forecast: USD/CAD, AUD/CAD, GBP/CAD

Posted by By 02/11/2020Posted inForex
In an extremely busy week out of the US, CAD traders may want to look away from the US Dollar; and there's potential in both AUD/CAD and GBP/CAD.
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Euro Forecast: Bearish Momentum Accelerating in EUR/JPY, EUR/USD

Posted by By 02/11/2020Posted inForex
Weak economic data and a fresh wave of lockdowns have investors reconsidering the Euro at the start of November.
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Gold Price Outlook Mired by Election; Watch VIX & Real Yields

Posted by By 02/11/2020Posted inForex
Gold price outlook is clouded by heightened uncertainty around the election outcome, but other high-impact event risk this week like the FOMC rate decision and NFP data due could also…
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How Will Markets React to the 2020 US Presidential Election?

Posted by By 02/11/2020Posted inForex
A second term of Trump or a first term of Biden could have significantly divergent outcomes for the U.S. economy and global financial markets.
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Dow Jones Index Boosted by Upbeat ISM Manufacturing Data

Posted by By 02/11/2020Posted inForex
The Dow Jones Index continued to move higher on Monday following an upbeat ISM manufacturing report
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