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Forex

DAX 30 Brushes Off Retail Figures as Bullish Sentiment Returns

Posted by By 01/02/2021Posted inForex
German retail sales plummeted in December as the country faced a nationwide lockdown
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South African Rand Outlook: EMs Favored in 2021 as Rand Opens Higher

Posted by By 01/02/2021Posted inForex
Emerging market currencies outlook remains positive for 2021 based on an expectant global recovery and additional U.S. stimulus however further Rand strength will depend on management of the curren...
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British Pound (GBP) Latest: GBP/USD Outperforms, EUR/GBP Remains Bearish

Posted by By 01/02/2021Posted inForex
GBP outperforms on equity recovery while EUR/GBP bias remains to fade bounce-backs.
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Euro Outlook: EUR/USD Consolidating with GDP, Inflation Data on Tap

Posted by By 01/02/2021Posted inForex
The Euro may regain lost ground against the US Dollar, as better-than-expected economic data suggests that the trading bloc’s economy weathered a second viral wave resiliently.
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Gold, Silver Price Outlook: Is the Retail-Driven Rally Sustainable?

Posted by By 01/02/2021Posted inForex
A 6% gap up in silver prices on Monday led market to question the sustainability of the rally, which appeared to be driven by the spillover effect of the recent…
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Indian Rupee, Nifty 50 Outlook: Will USD/INR and the Stock Index Reverse Next?

Posted by By 01/02/2021Posted inForex
The Indian Rupee may be at risk against the US Dollar as momentum fades. Will the Nifty 50 bounce from key support? The index has extended losses following a bearish…
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Australian Dollar Analysis: AUD/USD, AUD/JPY Key Levels Ahead of RBA

Posted by By 01/02/2021Posted inForex
The Australian Dollar longer-term outlook remains bullish however, the cyclically-sensitive currency could slip lower against the US Dollar and Japanese Yen in the short term ahead of the RBA inter...
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S&P 500, Hang Seng, ASX 200 Outlook: More Rainy Days Ahead?

Posted by By 01/02/2021Posted inForex
Asia-Pacific equities are poised for a sour start after 93% of S&P 500 companies closed lower on Friday. For the week ahead, GME-linked volatility, nonfarm payrolls data and Q4 earnings…
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Silver Price Surges as Reddit Group WallStreetBets Fuels Buying Spree

Posted by By 01/02/2021Posted inForex
Silver surged over 7% to kick-off a fresh week of trade, as Reddit forum r/wallstreetbets intensifies calls for a short-squeeze of epic proportions.
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Markets Week Ahead: Gold, Dow, Euro-Area GDP, NFPs, BoE & RBA Eyed

Posted by By 31/01/2021Posted inForex
Markets gyrated wildly this past week as traders reacted to a barrage of headlines ranging from central bank commentary to GameStop stock price volatility. What's in store for the week…
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