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Forex

British Pound (GBP) Latest: Trend Higher Intact, UK Inflation Above Expectations

Posted by By 20/01/2021Posted inForex
GBP/USD continues to march higher within a rising channel on the charts, helped this session by news that UK inflation in December was higher than expected by analysts.
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S&P 500 Index Outlook: Yellen's Calls for Fiscal Support to Buoy SPX

Posted by By 20/01/2021Posted inForex
The S&P 500 index looks set to continue it s climb to fresh all time highs on the back of Treasury Secretary nominee Janet Yellen’s push for addition fiscal support.
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Gold, Crude Oil Outlook: Weaker Dollar and Reflation Hopes Underpin Prices

Posted by By 20/01/2021Posted inForex
Gold and crude oil prices climbed as the US Dollar retreated for a second day. US Treasury Secretary nominee Janet Yellen defended Joe Biden’s US$ 1.9 trillion fiscal stimulus plan,…
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Natural Gas Outlook: US Prices Sink Despite Global Supply Disruptions

Posted by By 20/01/2021Posted inForex
Natural Gas is moving lower after weather models point to warmer-than-average temperatures across much of the US.
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Japanese Yen Price Analysis: AUD/JPY, EUR/JPY Poised to Gain Ground

Posted by By 20/01/2021Posted inForex
The formation of several bullish technical patterns suggests that the haven-associated Japanese Yen is at risk of further losses against the Euro and Australian Dollar .
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Dow Jones Up on Yellen Stimulus Push; Hang Seng and ASX 200 May Climb

Posted by By 20/01/2021Posted inForex
The Dow Jones, S&P 500 and Nasdaq 100 indices rebounded after Yellen defended Biden’s $1.9 trillion fiscal stimulus package in the Senate confirmation hearing. Netflix jumped 12% on strong subscrib...
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Australian Dollar Outlook: AUD/USD Unfazed by Falling Westpac Confidence

Posted by By 20/01/2021Posted inForex
The Australian Dollar is moving higher versus the US Dollar despite a 4.5% drop in the Westpac Consumer Confidence index. That move was preceded by an optimistic session on Wall…
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US Dollar Outlook: USD/CAD Volatility Jumps as BoC Decision Looms

Posted by By 19/01/2021Posted inForex
The DXY Index slid -0.3% on Tuesday as US Dollar bears chisel away at recent gains. USD/CAD price volatility looks primed to intensify with the Bank of Canada rate decision…
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Dow Jones Price Outlook Tied to Earnings as Netflix Soars on Subscriber Beat

Posted by By 19/01/2021Posted inForex
Earnings season will continue this week as the country’s biggest banks weigh in and key Dow components like UnitedHealth Group report their quarterly performances. The findings may influence sentim...
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Canadian Dollar Forecast: Loonie's Wings Clipped? Levels for CAD/JPY, USD/CAD

Posted by By 19/01/2021Posted inForex
The Canadian Dollar has struggled to recapture bullish momentum.
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