Monthly Forex Seasonality – January 2021: Start of Year Favors CAD, Gold Strength; USD Weakness
January typically brings about US Dollar weakness, while the commodity currencies (and commodities themselves) tend to do well.
Gold Price Forecast: XAU/USD Surges Up to Fibonacci Resistance
Gold is starting the New Year in a big way with a strong bullish breakout.
GBP/USD Slides with UK PM Johnson Expected to Announce Another National Lockdown
UK PM Johnson scheduled to address the nation at 20:00GMT. COVID threat raised to highest level.
US Dollar Forecast: New Year, Old Problems for DXY Index – Key Levels
It’s the first trading day of 2021, and the US Dollar has already broken 2020’s low. A bad omen?
FTSE 100 IG Client Sentiment: Our data shows traders are now net-short FTSE 100 for the first time since Dec 21, 2020 when FTSE 100 traded near 6,418.10.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bullish contrarian trading bias.
Bitcoin (BTC) and Altcoins Ride Wild Volatility Wave While Ripple (XRP) Remains Mired
Cryptocurrency volatility is back at extreme levels last seen in early 2018 as Bitcoin continues to hit fresh all-time highs before the altcoin market rallied hard, playing catch-up.
Risk Events for January: Why the Georgia Senate Runoff is Key for Financial Markets
US politics dominates the calendar for January with the Georgia senate runoff elections.
DAX 30 Forecast – Bullish Momentum Builds Despite National Lockdown Extension
The DAX 30 pushes for a new all-time high as bullish momentum increases despite continued concerns about coronavirus
Ripple IG Client Sentiment: Our data shows traders are now at their most net-long Ripple since Jan 11 when Ripple traded near 0.21.
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Ripple-bearish contrarian trading bias.
British Pound Latest – GBP Boosted by Covid Vaccine Rollout, UK Virus Cases Surge
The Oxford vaccination rollout begins today with the UK government planning to administer millions of doses within weeks