FX Week Ahead: December RBA Meeting & AUD/USD Rate Forecast
The Reserve Bank of Australia meets on Tuesday, December 1 at 3:30 GMT; rates markets are pricing in a 75% chance of the main rate staying on hold.
US Dollar Price Action: USD Two-Year-Lows as EUR/USD Tests 1.2000
EUR/USD tested 1.2000 in early-September and it did not work out well. Will a recurrent attempt bring different results?
USD/CAD Rate Approaches 2020 Low Ahead of Canada GDP Report
The update to Canada’s GDP report may keep USD/CAD under pressure as the Canadian economy is expected to avoid a technical recession.
Markets Week Ahead: S&P 500, U.S. NFP, RBA, OPEC Meeting, Gold, UK-EU Negotiations
U.S. equity markets reached record highs as rising Covid cases fall to the back of investors' minds following several positive vaccine headlines. Meanwhile, UK-EU negotiations are approaching the d...
Gold Price Trading Below 200-day, Price Support; May be a Wash-out Move
Gold is breaking down below the 200-day MA and price support from years back, could this be a capitulation move before turning higher?
USD/ZAR Analysis: Oversold RSI Opposing Rand Fundamentals
Rand fundamentals skewed toward further appreciation as year end approaches, how will this play out with contrasting technical signs?
US Dollar Selling Persists, EUR/USD Nearing 1.20, GBP/JPY to Outperform
G10 FX to be largely dictated by month-end flows. Watch Out for USD Selling into London Fix
British Pound (GBP) Outlook – GBPUSD Struggles Despite Ongoing US Dollar Weakness
The US dollar is trading at its lowest level since April 2018 but GBPUSD remains listless as Brexit talks continue
IBEX 35, CAC 40 Forecast: Possible Signs of Exhaustion as Year End Approaches
European equities are a touch softer this morning as best month in history comes to an end
DAX 30 Index May Fall as Germany Extends Nationwide Partial Lockdown
Germany’s benchmark DAX 30 index is at risk of a short-term pullback as Chancellor Angela Merkel moves to extend the nation’s ‘partial’ lockdown until December 20.