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EUR/USD Latest: Euro Area Growth Exceeds Forecast, Euro Looks Past Data

Posted by By 30/10/2020Posted inForex
Euro Area Q3 growth exceeds expectations, however, Euro looks past data with Q4 momentum slowing dramatically.
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South African Rand outlook: Global Sentiment Continues to Govern ZAR

Posted by By 30/10/2020Posted inForex
Central fundamental factors will dictate Rand price action over the coming weeks. Will this continue to aid ZAR strength or will local economic conditions come to light?
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VIX Index: US Election Uncertainty to Drive Market Volatility

Posted by By 30/10/2020Posted inForex
The VIX Index tends to rise as the US presidential election approaches as investors hedge against potential downside risk that can arise from such a turbulent event.
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Brexit Talks Continue, FTSE Makes a Fresh 6-Month Low, GBP/USD Stable

Posted by By 30/10/2020Posted inForex
The FTSE 100 has just printed a fresh 6-month low on heightened Covid-19 fears as more regions go into lockdown.
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IBEX 35, CAC 40 In Jeopardy Amid Stringent Covid-19 Restrictions

Posted by By 30/10/2020Posted inForex
The Spanish IBEX 35 and French CAC 40 indices are at risk of extended losses as both nations tighten restrictions amid a record surge of Covid-19 cases.
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US Dollar Breakouts Brewing? USD/SGD, USD/IDR, USD/MYR, USD/PHP

Posted by By 30/10/2020Posted inForex
The US Dollar gained, pushing USD/SGD to break higher. However, USD/IDR may be looking at losses ahead. USD/MYR struggled to breach the March trendline. USD/PHP could rise.
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AUD/USD Selloff May Deepen With Stalemate on Fiscal Talks. Biden Leads

Posted by By 29/10/2020Posted inForex
AUD/USD may decline as it tests key support amid swelling risk aversion from bipartisan intransigence over fiscal stimulus and a spike in Covid-19 cases.
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Nasdaq 100 Forecast: Mixed Reaction to Earnings as Covid Muddles Outlook

Posted by By 29/10/2020Posted inForex
High-impact tech earnings from Apple, Amazon, Alphabet, and Facebook showed strong growth across the tech giants, but market reactions were mixed, as Covid complicates projections
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How Will the Election Affect the Stock Market? Dow Jones Forecast

Posted by By 29/10/2020Posted inForex
Presidential elections are known to dominate popular culture and news media in the lead up to November, but what does an election do to the stock market?
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Nasdaq 100, Dow Jones Climb Ahead of AAPL, AMZN, FB, GOOG Earnings

Posted by By 29/10/2020Posted inForex
After a week of turbulence, the Nasdaq 100 and Dow Jones climbed significantly ahead of earnings from some of the largest publicly traded companies in the world. Will they meet…
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