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Gold Price Tracks Monthly Range as Fed Outlines Outcome Based Guidance

Posted by By 21/10/2020Posted inForex
The price of gold continues to track the opening range for October as Fed Vice Chair Richard Clarida outlines an outcome-based approach for monetary policy.
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Dow Jones, S&P 500, AUD/USD Outlook: Retail Traders May Chase Declines

Posted by By 21/10/2020Posted inForex
The Dow Jones, S&P 500 and AUD/USD could be at risk of extending losses as retail investors increase upside exposure. What are key technical levels to watch for?
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Nasdaq 100 Climbs on Stimulus Hopes, Netflix Misses, Nikkei 225 May Rise

Posted by By 21/10/2020Posted inForex
Wall Street futures edged up on Wednesday with cautious optimism on the US relief package. Corporate earnings remained strong despite Netflix’s big earnings miss. Asia-Pacific equities may trade hi...
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British Pound Under Pressure as Brexit Talks Beleaguer UK & EU Officials

Posted by By 21/10/2020Posted inForex
The British Pound may fall if EU and UK negotiators fail to reach a consensus as the December 31 deadline nears. The third presidential debate is on deck, how might…
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NZD/USD Tracks Monthly Range Ahead of New Zealand Inflation Report

Posted by By 21/10/2020Posted inForex
The update to New Zealand’s Consumer Price Index (CPI) may prop up NZD/USD as the headline reading for inflation is expected to recover in the third quarter.
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Australian Dollar Technical Forecast: AUD/USD, AUD/JPY, EUR/AUD, GBP/AUD

Posted by By 21/10/2020Posted inForex
The Australian Dollar was under selling pressure this past week, but it held its ground. Bearish patterns brew in AUD/USD and AUD/JPY. Will EUR/AUD, GBP/AUD try to break higher again?
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S&P 500 Uninspired by Fiscal Talks Ahead of Final Presidential Debate

Posted by By 20/10/2020Posted inForex
The S&P 500 may cautiously rise if investors believe a breakthrough in fiscal talks could be made before the November 3 election. Markets now brace for the final presidential debate.
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How Will the Election Affect the Stock Market? Dow Jones Forecast

Posted by By 20/10/2020Posted inForex
Presidential elections are known to dominate popular culture and news media in the lead up to November, but what does an election do to the stock market?
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USD/JPY Price Outlook: Dollar-Yen Undermined by Stimulus Hopes

Posted by By 20/10/2020Posted inForex
USD/JPY price action has oscillated lower following another rejection of its 50-day simple moving average in the wake of renewed optimism for a fiscal stimulus deal before the November 2020…
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Trump Vs. Biden on Economies and Markets

Posted by By 20/10/2020Posted inForex
Depending upon the outcome of the November presidential election, the US economy could take very different tracks.
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