GBP/USD Weekly Forecast: Is a Brexit Breakthrough Imminent?
GBP/USD breaks to fresh YTD highs to hit 1.35 as markets price in a Brexit. Markets remain on tenterhooks.
EUR/USD Outlook Unfazed by NFP Report as RSI Sits in Overbought Zone
The EUR/USD rally appears to be unfazed by the NFP report, with the RSI sitting in oversold territory for the first time since August.
US Dollar Whipsaws on Soft Non-Farm Payrolls Report
Softer NFP report reaffirms case for fresh fiscal stimulus, while Fed is expected to tinker bond purchases.
Canadian Jobs Report Beats Expectations
November's Employment Change prints at 62k vs. forecast of 20k, Unemployment Rate falls to 8.5% vs. forecast of 8.9%.
USD/MXN Technical Outlook: USD Weakens More vs Peso as Support Levels Break
USD/MXN is weighed down significantly by broad USD weakness along with solid risk appetite; support levels keep getting broke one by one.
Sterling Latest: GBP/USD Prepares for Brexit and NFP Event Double
GBP/USD has given back most of Thursday’s gains and is now preparing for a US non-farm payroll and Brexit endgame double.
FTSE Mid 250, IBEX 35, CAC 40 Forecasts: Bullish Momentum Stalls
Vaccine and Brexit news continue to be the dominating themes in European equity markets
EU Stoxx 50 Index at Risk on Vaccine Hiccup, ECB Tempering Expectations
Europe’s benchmark EU Stoxx 50 index could be at risk of a near-term pullback as Pfizer slashes its vaccine production targets and the ECB tempers easing expectations.
Gold Prices Turned? Crude Oil Looking to Extend Gains After OPEC+ Deal
Gold prices confirmed a break above a wedge, looking to extend gains as US non-farm payrolls near. Crude oil surged after an OPEC+ output deal, supported by signals in moving…
Nikkei 225, ASX 200 Hover At Recent Highs Ahead of Nonfarm Payroll
Asia-Pacific stocks whipsawed near their recent highs on mixed sentiment. Congress moved closer to strike a stimulus package, while Pfizer slashed its vaccine distribution forecast for this year.