Markets Week Ahead: Dow Jones, Gold, US Dollar, US Election Aftermath, Where to?
The Dow Jones, S&P 500 and Nasdaq 100 soared the most since early April as Joe Biden took the lead in the US election. The US Dollar sank and gold…
Dow Jones, Nasdaq 100, CAC 40, FTSE 100 Forecasts for the Week Ahead
Stocks ripped higher last week, recapturing much of the ground lost in late October. Now nearing resistance, can the major equity markets continue to drive higher?
Mexican Peso Technical Forecast: Further Downside is Likely but Uncertainty Remains
As we wait for the outcome of the US presidential election, USD/MXN takes advantage of a risk-on move
Euro Forecast: EUR/USD Outlook Improves as USD Strength Ebbs Away
The coming week should be less volatile for EUR/USD as the markets settle in the wake of the US Elections, with the Euro potentially benefiting from any further move into…
Sterling (GBP) Weekly Outlook – Brexit Deadline Nears as UK PM Johnson Comes Under the Spotlight
The UK Prime Minister Boris Johnson has had an uncomfortable week and next week is likely to continue in the same vein as Brexit and Covid-19 worries continue.
Japanese Yen May Rise on Covid-19 Lockdowns, Trump Legal Challenges
The haven-associated Japanese Yen may move higher on the back of tightening Covid-19 restrictions and President Trump’s legal challenges in several battleground states.
AUD/USD Forecast: Australian Dollar Rally Overextended?
The Australian Dollar rallied versus the US Dollar as risk appetite soared, but the move in AUD/USD may be overextended in the short term
S&P 500 May Eye Higher Levels on Post-Election Stimulus Hopes
The S&P 500 index may weather through near-term volatility and aim for higher levels on post-election stimulus hopes. Pandemic risk and monetary easing may also return to the centre stage.
Euro Forecast: EUR/USD Gains on Election, EU-US Tariffs to Derail Markets?
The Euro rose as the US Dollar sank on the US election. With Joe Biden in the lead, will the EU impose WTO-approved retaliatory tariffs on the US? All eyes…
US Dollar Outlook: Post-Election Plunge Puts USD at Key Trend Support
Dollar Index plunged 1.94% post-election with the price sell-off now at multi-year uptrend support. Here are the levels that matter on the DXY weekly technical chart.