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Dollar vs Mexican Peso Outlook: USD/MXN Buckles Below Key Support

Posted by By 21/10/2020Posted inForex
Dollar is threatening a third consecutive weekly decline vs Mexican Peso as USD/MXN approaches the September lows. Here are the levels that matter on technical charts.
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Gold Price Forecast: XAU Bulls Tempt Breakout – but Can They Drive?

Posted by By 21/10/2020Posted inForex
Gold prices are threatening a bullish breakout as they trade above the historically important 1920 level. But can Gold bulls retain control?
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Brexit Latest: GBP/USD Extends Gains, Brexit Talks to Resume

Posted by By 21/10/2020Posted inForex
Brexit talks are reportedly set to resume, prompting a fresh bid in the Pound. Confirmation expected within 24hours
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US Dollar Technical Outlook: DXY Weakness Has Big Long-term Support in Focus

Posted by By 21/10/2020Posted inForex
The US Dollar Index (DXY) is backing down into long-term support, how it responds soon could be a big tell as to whether selling will accelerate or we get a…
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Chinese Yuan (CNH) Driving Currency Markets, However, Trump Risk Remains

Posted by By 21/10/2020Posted inForex
Chinese Yuan key driver across G10 FX. However, while Beijing appear calm over Yuan, Trump risk remains.
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USD/ZAR (Rand) Price Forecast: Pre-election Stimulus Package Revisited

Posted by By 21/10/2020Posted inForex
Could the US stimulus package provide the catalyst to further ZAR strength and break out of the recent consolidatory cycle?
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USDJPY Price Hits a One-Month Low as the US Dollar Continues to Crumble

Posted by By 21/10/2020Posted inForex
The US dollar has broken a noted support level and is trading at a six-week low, pulling USDJPY back below 105.00.
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British Pound (GBP) Latest: GBP/USD Shrugs Off Dire UK Borrowing Data

Posted by By 21/10/2020Posted inForex
GBP/USD is holding its ground despite news of a surge in UK public sector borrowing, debt at its highest since 1960 and a rise in UK inflation. The FTSE, though,…
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Canadian Dollar Outlook: Retail Sales Data May Fuel USD/CAD Downtrend

Posted by By 21/10/2020Posted inForex
Retail sales and inflation data is likely to dictate the outlook for the Canadian Dollar after the Bank of Canada confirmed negative rates remain part of the toolkit.
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Crude Oil Prices Edge Higher on Weaker US Dollar, EIA Report in Focus

Posted by By 21/10/2020Posted inForex
WTI crude oil prices attempted to break a key resistance level at US$ 41.50, buoyed by a weaker US Dollar and US stimulus hopes. Wednesday’s release of EIA crude inventory…
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