ASX 200 Index Outlook Dictated by RBA Rate Decision, Federal Budget
Australia’s benchmark ASX 200 index’s rebound from key support could prove limited ahead of the RBA interest rate decision and Australian Federal Budget.
NZD/USD Analysis: RSI to Show Bearish Momentum Abating
NZD/USD appears to have reversed coursed ahead of the August low (0.6489), and the RSI may show the bearish momentum abating if it breaks out of the downward trend.
US Dollar Fell as SGD Rose, PHP Struggled. Trump’s Health, Stimulus Eyed
The US Dollar gave up gains as the Singapore Dollar rose, but the Philippine Peso struggled. ASEAN currencies eye Donald Trump’s health, US fiscal stimulus hopes and Brexit talks.
AUD/USD May Retreat if Trump Covid-19 Infection Roils Markets
The cycle-sensitive Australian Dollar may fall vs the Greenback if news of Trump’s infection with Covid-19 spoils risk appetite and puts a premium on the haven-linked USD.
Markets Week Ahead: Dow Jones, Gold, Oil, USD, Trump’s Infection, Stimulus?
The Dow Jones remained composed despite President Donald Trump's Covid infection, pressuring the US Dollar. Now crude oil and gold prices are eyeing a $2.2 trillion fiscal package, will it…
Dow Jones, DAX 30, Nikkei 225 Fourth Quarter Forecasts
Despite losses in September, equity markets rounded out the third quarter with gains as they transition into the fourth quarter. With a looming US Presidential election, further turbulence can be…
US Dollar Technical Forecast: USD Wedges into the Weekend
After a sell-off drove USD price action for almost six months, a big zone of long-term support came into play. But can USD bulls continue to drive through Q4 trade?
Australian Dollar Forecast: Aussie Rebound May Be Short Lived
Australian Dollar is on the counteroffensive into the October open but remains vulnerable below trend resistance. The levels that matter on the AUD/USD technical chart.
Japanese Yen Outlook: JPY May Rise as S&P 500 Falls on Stimulus Woes
The anti-risk Japanese Yen may rise if fading US fiscal stimulus hopes and FOMC meeting minutes pressure the S&P 500. What else does it face with the fourth quarter underway?
Crude Oil Technical Outlook Underpinned by Resurgent Volatility
Crude oil price outlook has turned less optimistic headed into 4Q-2020 as the commodity carves out a series of lower highs and eyes a potential breakdown amid resurgent market volatility.