Forex

The direction of the Japanese Yen has varied recently with USD/JPY gravitating lower while AUD/JPY and CAD/JPY advance. What might be in store for Yen price action headed into 2021?

Gold Prices continue to test key psychological level as US selling pressure prevails.

Rising risk appetite is pulling down the Japanese Yen and US Dollar, with traders favoring growth-linked currencies like the Canadian Dollar.

China and the European Union have announced political approval of a bilateral investment deal. Seven years in the making, the deal looks to increase the economic ties between the two.

The European Central Bank has made clear that it does not want to see EUR/USD above the 1.20 mark, once seen as its ‘line in the sand’ for the pair.…

Sterling’s technical analysis has played second fiddle to overarching fundamentals in the past year, but that may change in the first quarter of 2021.

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

US Dollar slide shows little signs of abating, pushing USD majors to higher levels. Euro falls short of 1.23.

GBP/USD is benefiting from a weak USD as optimism about loose monetary policy worldwide and the roll out of coronavirus vaccines lifts ‘risk-on’ assets including GBP, EUR and AUD.

The Dow Jones and Russell 2000 may come under pressure in the near term as Senate Republicans blocked an attempt by Democrats to increase stimulus payments to $2000.