Bank of Canada Preview: How Will the Canadian Dollar (CAD) React?
Canadian Dollar Reaction Dependent on BoC's Economic Slack Absortion Assessment
British Pound (GBP) Price Outlook: Downside Pressure on GBP/USD Persists
GBP/USD continues to make little headway to the upside, despite Omicron optimism, with the previous channel support now looking increasingly like resistance.
Japanese Yen Outlook: AUD/JPY and USD/JPY Face Opposing Positioning Signals
The Japanese Yen may rise against the Australian Dollar but weaken against the US Dollar if trends in retail trader positioning continue. What are key AUD/JPY, USD/JPY levels to watch…
Crude Oil Forecast: Prices Eye EIA Inventory Data After Technical Outlook Improves
Oil prices gained as markets went into a risk-on stance after positive news over the Omicron variant. Energy traders have the EIA’s weekly inventory report in focus after the technical…
NZD/USD Rises After Wall Street Surge. Evergrande Risks Linger
The New Zealand Dollar rose versus the US Dollar as Wall Street stocks surged on fading Omicron risks. Meanwhile, China's Evergrande takes measures to address defaults amid turbulency.
Gold Price Trades in December Opening Range Ahead of US Inflation Report
The update to the US Consumer Price Index (CPI) may prop up the price of gold as evidence of faster price growth pushes market participants to hedge against inflation.
Data Brokers & the Menace of Surveillance Capitalism
A secretive industry sells Americans' data to marketers, companes and governments, both foreign and domestic. Is your privacy for sale?
S&P 500 Roars Higher on Omicron Optimism as Traders Reassess Pandemic Risks
S&P 500 rises for a second straight day as traders are comforted by preliminary datasuggesting that Omicron causes only mild disease and remains sensitive to vaccines’ neutralizing antibodies
USD/JPY Rate Clears Monthly Opening Range After Defending November Low
USD/JPY may continue to retrace the decline from the November high (115.52) as it clears the opening range for December.
Gold Price Forecast: Clinging to Trendline Support – Levels for XAU/USD
The Fed’s renewed focus on combating inflation may duly prevent a significant rally by gold prices henceforth.