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Forex

British Pound (GBP) Latest: Post-Brexit Trade Talks Continue but No-Deal Fears Remain

Posted by By 16/11/2020Posted inForex
The EU and UK will continue trade talks today with both sides refusing to make a move to break the deadlock. With time nearly out, a breakthrough is needed fast.
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DAX 30, IBEX 35 Forecast: Further Restrictions but Traders Remain Hopeful

Posted by By 16/11/2020Posted inForex
European equities push higher as vaccine hopes encourage strong buyer support
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Weekly US Dollar Technical Forecast:Keeping the Bears at Bay, Range Persists

Posted by By 16/11/2020Posted inForex
The DXY Index is lingering below multi-year trendline support, but has yet to find any significant follow-through to the downside.
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Gold Prices Testing Key Resistance as Vaccine Optimism Fades

Posted by By 16/11/2020Posted inForex
Gold prices are poised to push higher on fading vaccine optimism and the potential adjustment of the Federal Reserve’s asset purchasing program in December.
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New Zealand Dollar Forecast: NZD/USD May Rise After Chart Resistance Break

Posted by By 16/11/2020Posted inForex
The New Zealand Dollar broke above chart resistance after the RBNZ struck a less dovish tone than markets expected. Upcoming economic data from China may push NZD/USD to test the…
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US Dollar Hurt, Not Out: Covid, Stimulus Woes Linger. IDR, PHP Eye Rate Holds?

Posted by By 16/11/2020Posted inForex
US Dollar weakness slowed despite Covid vaccine hopes. Rising coronavirus cases and fiscal stimulus woes remain bullish factors. Indonesian and Philippine central banks are on tap.
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Australian Dollar Aiming Higher on Chinese Economic Data, RCEP

Posted by By 16/11/2020Posted inForex
The Australian Dollar may continue to rise on the back of robust Chinese economic data and the signing of the Regional Comprehensive Economic Partnership (RCEP).
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S&P 500, Nikkei 225 Weekly Open: Trade Pact and China Data in Focus

Posted by By 16/11/2020Posted inForex
Asia Pacific stocks may trade higher on a positive US lead and the signing of the Regional Comprehensive Economic Partnership (RCEP) trade agreement. Chinese industrial production and retail sales ...
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US Dollar May Recover Even If Market Mood Remains Upbeat

Posted by By 16/11/2020Posted inForex
The US Dollar has been battered amid improving risk appetite, but a supportive shift in yields may plant the seeds of recovery. Another round of haven buying may yet happen…
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Markets Week Ahead: Dow Jones, Nasdaq, Crude Oil, OPEC, GBP/USD, Brexit Talks

Posted by By 15/11/2020Posted inForex
Rotation-trade dynamics was this past week's focus as the Dow Jones outperformed the Nasdaq. Will this continue? Gold prices tumbled as crude oil gained ahead of an OPEC+ meeting. The…
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