USD/MXN Technical Outlook: USD Finds Itself in a Fight at Resistance
The USD has been mounting a small comeback versus the Peso, but trend and resistance stand in the way of a larger advance.
USD/JPY and GBP/JPY Outlooks – Strong Trends But Overbought Signals are Flashing
The Japanese Yen remains weak against the US dollar and Sterling and this trend may continue despite market conditions looking overbought.
Key Risks for February: Bank of England and RBNZ Decisions in Focus
Bank of England to provide update on negative rates, while RBNZ could offer a surprise.
Euro Forecast: EUR/USD Upside Capped, Germany Avoids Q4 Contraction
German GDP beats analyst estimates, while ECB steps up Euro jawboning.
BTC/USD Price Forecast: Bitcoin Looking Vulnerable Before Elon Musk Stepped In
Bitcoin breaks above significance resistance as Elon Musk signals his support for the cryptocurrency
Canadian Dollar Outlook: USD/CAD to Push Higher as Risk Appetite Fades
The Canadian Dollar may continue to come under pressure against the Greenback as risk appetite notably fades. However, falling coronavirus case numbers may ultimately limit CAD’s downside.
Gold Prices May Fall as Market Rout Resumes, Boosting US Dollar
Gold prices may succumb to selling pressure if a broad-based market selloff resumes, boosting haven demand for the US Dollar. Upbeat PCE inflation data might encourage weakness.
Indian Rupee, Nifty 50 Outlook: Will USD/INR and the Index Reverse Next?
The Indian Rupee may be at risk to the US Dollar as its momentum fades. Will the Nifty 50 bounce off key support? The index has extended losses following a…
S&P 500 May Lead Hang Seng, ASX 200 Higher Amid Reddit Stock Frenzy
The S&P 500, Dow Jones and Nasdaq 100 indices rebounded on Thursday as several brokerage platforms restricted buying in GameStop and AMC to cool retail speculation. Asia-Pacific equities may follow...
AUD/JPY, AUD/NZD Turn Higher on Wall Street Optimism
US equity markets bounced back on Thursday after a sharp selloff the day prior. Asia-Pacific trading is set to extend higher, with the Australian Dollar benefiting, but potential headwinds may…