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Forex

DAX Looking to Close Week in Record Territory, CAC Looking Strong Too

Posted by By 08/01/2021Posted inForex
European markets are following the strong appetite for stocks that continues as the new year begins to unfold; the trend remains your friend until it isn't.
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USD/CAD Price Outlook – Running Into Important Employment Data

Posted by By 08/01/2021Posted inForex
USDCAD weakness has been a running theme since mid-March last year and the pair are now nearing levels that may cause concern at the Bank of Canada.
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British Pound (GBP) Latest: Negative Rates and New Lockdown Limit Downside in EUR/GBP

Posted by By 08/01/2021Posted inForex
Pound sterling is looking to finish the week a little stronger but faces significant challenges in the short-term
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S&P 500 Index Climbs To Record Highs Ahead of Non-Farm Payrolls Report

Posted by By 08/01/2021Posted inForex
The S&P 500 index seems poised to extend its recent push to fresh record highs ahead of December’s NFP reports, as investors cheer the prospect of further fiscal support.
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Gold Falls as US Political Shift Fuels Reflation Bets, Crude Oil Rally Eases

Posted by By 08/01/2021Posted inForex
Gold and oil prices reacted to political developments in the United States, with investors favoring growth-linked assets over gold despite increased inflation odds.
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Nasdaq 100 Rally Inspires Hang Seng, ASX 200 Index to Trade Higher

Posted by By 08/01/2021Posted inForex
Wall Street stocks enjoyed a tech-led rally, setting a positive tone for Asia-Pacific markets. A threat from the US to blacklist Alibaba, Tencent and to delist Chinese telecoms may weigh…
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US Dollar Technical Forecast: USD/SGD, USD/TWD, USD/THB, USD/IDR

Posted by By 08/01/2021Posted inForex
The US Dollar may be setting the stage to attempt comebacks against the Singapore Dollar, New Taiwan Dollar and Thai Baht. Will the Indonesian Rupiah hold its ground around key…
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Australian Dollar Outlook: Strong Greenback Halts AUD/USD Rally

Posted by By 08/01/2021Posted inForex
Increased stimulus bets pushed the US Dollar higher after a shift in the U.S. political landscape, putting pressure on the high-flying Australian DollarStimulus bets, Inflation, AUD/USD - Talking P...
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Are Gold Prices Losing their Luster? What is Copper Telling Traders?

Posted by By 07/01/2021Posted inForex
To find a period commensurate with current conditions, you may have to look at the post-Global Financial Crisis period in 2009.
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USD Price Outlook: US Dollar Tracking Yields Higher, NFPs Eyed

Posted by By 07/01/2021Posted inForex
The US Dollar strengthened broadly on Thursday with order being restored to Capitol Hill. USD price action could remain volatile owing to swings in Treasury yields and monthly jobs data…
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