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USD/MXN Forecast: Yields, Fed, and Banxico in Focus

Posted by By 28/10/2021Posted inForex
The bearish reversal in USD/MXN has come to a halt but bulls face a tough resistance up ahead
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British Pound (GBP) Price Outlook: EUR/GBP Downside Risk as ECB Meets

Posted by By 28/10/2021Posted inForex
This session’s monetary policy announcement by the European Central Bank will dominate trading in EUR/GBP near term, and there’s a risk the pair will fall as the ECB stays determinedly…
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Australian Dollar Poised as Yields Roar and Oil Sinks. Will AUD/USD Get Going?

Posted by By 28/10/2021Posted inForex
The Australian Dollar has been sidelined in an action-packed day in Asia, with central banks lining up to tighten. Can AUD/USD break out of the doldrums?
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Gold Prices at Risk with US GDP in the Spotlight Before Upcoming FOMC

Posted by By 28/10/2021Posted inForex
Gold prices are looking to third-quarter US GDP data to help set the stage for next week’s pivotal FOMC meeting. Chart positioning hints that a downturn may be brewing.
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US Dollar Bounces off Key Trendlines and Support: USD/SGD, USD/THB, USD/IDR, USD/PHP

Posted by By 28/10/2021Posted inForex
The US Dollar appears to be pushing higher against some of its ASEAN counterparts as USD/SGD, USD/THB and USD/IDR bounce off key support levels. USD/PHP remains in a neutral setting.
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Crude Oil Forecast: WTI Eases on Iranian Supply Prospects, US Inventory Build

Posted by By 28/10/2021Posted inForex
Oil prices are on the move lower after traders digested a higher-than-expected US inventory build. Moreover, Iran-EU nuclear talks are set to restart, which may eventually see US sanctions removed.
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Euro Technical Analysis – EUR/USD, EUR/CAD. Levels to Watch

Posted by By 28/10/2021Posted inForex
The Euro has established some range environments against the US Dollar and the Canadian Dollar. Can the Euro find support, or will the single currency head lower?
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Bank of Japan (BoJ) Preview: Outlook Report to Provide Fresh Update

Posted by By 28/10/2021Posted inForex
The Bank of Japan is set to hold their monetary meeting across 27 – 28 October 2021, as markets look towards its outlook report for guidance.
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Australian Dollar Forecast: AUD/USD Gains After Tech Stocks Rise on Wall Street, BoJ Eyed

Posted by By 27/10/2021Posted inForex
The Australian Dollar is up versus the US Dollar as rosy sentiment sees Wall Street traders bid tech stocks higher. The Bank of Japan rate decision and Australian export/import prices…
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USD/BRL Points Lower as Brazilian Central Bank Raises Selic Rate by 1.5%

Posted by By 27/10/2021Posted inForex
The Central Bank of Brazil hiked the national Selic rate by a record 150 basis points as rampant inflation sweeps across the country.
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