Forex

EUR/USD appears to be on track to test the monthly high (1.1920) as the exchange rate extends the series of higher highs and lows from the previous week.

US Dollar edges lower against key FX peers like the Euro, Sterling, and Yen as Treasury yields peel back owing to the prospect that the Federal Reserve might tweak its…

US retail sales softer across the board, S&P 500 dips back to 3600. Fed QE twist expected in December.

Trader confidence remains high, despite some profit-taking, on hopes that the coronavirus vaccines announced in the past 10 days will bring the pandemic under control.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading bias.

Cable has been firm lately, and on that it could rise back up to a formidable level soon; a potentially big make or break spot on the chart.

Election uncertainty prompted investors to flock to JPY, who look to have been caught out by Pfizer vaccine.

Increased demand for cheap and leveraged stocks points to a continuation of capital rotation

A general risk-on theme continues to cap the upside for gold and with US bond yields on the move higher, the precious metal may struggle in the short-term.

Yet another crucial week lies ahead for the EU-UK negotiations on a post-Brexit trade deal and that suggests both GBP/USD and the FTSE 100 will be buffeted by headlines from…