Weak economic data and a fresh wave of lockdowns have investors reconsidering the Euro at the start of November.
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Monday, 2 November 2020
Gold Price Outlook Mired by Election; Watch VIX & Real Yields
Gold price outlook is clouded by heightened uncertainty around the election outcome, but other high-impact event risk this week like the FOMC rate decision and NFP data due could also weigh on prec...
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How Will Markets React to the 2020 US Presidential Election?
A second term of Trump or a first term of Biden could have significantly divergent outcomes for the U.S. economy and global financial markets.
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Dow Jones Index Boosted by Upbeat ISM Manufacturing Data
The Dow Jones Index continued to move higher on Monday following an upbeat ISM manufacturing report
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Markets Week Ahead: Nasdaq 100, Gold, US Dollar, Crude Oil, All Eyes on Election
US stocks suffered their worst week in over 7 months as the Nasdaq 100, Dow Jones sank. Gold prices fell as the liquid US Dollar rose. The US Presidential Election and rising Covid-19 cases are lik...
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British Pound (GBP) Latest - Lockdown 2.0 Announced, Brexit Talks Continue
The UK is going back into lockdown this week for at least another month as the spread of Covid-19 continues. There may be some good news from Brexit talks though.
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Sunday, 1 November 2020
Euro Price Outlook: Covid-19 Lockdowns to Weigh on EUR/USD, EUR/JPY
EUR/USD and EUR/JPY rates could extend losses in the near term should upcoming PMI and retail sales out of the Euro-zone undershoot market expectations.
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S&P 500 Stares into Abyss as Equity Selloff Deepens Ahead of US Election
The S&P 500 may extend its decline as rising coronavirus cases drag equity markets lower ahead of the highly-anticipated and controversial US presidential election.
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Gold Price Outlook: Election Uncertainty to Weigh on Precious Metals
Gold prices are at risk of further losses as President Donald Trump claws back lost ground against his Democratic challenger Joe Biden in the national polls.
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US Dollar May Rise on Election Risk: USD/SGD, USD/IDR, USD/MYR, USD/PHP
The US Dollar may rise against ASEAN currencies as the presidential election risks inducing volatility. USD/MYR is eyeing the Bank of Malaysia, USD/IDR to Indonesian GDP.
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Dow Jones, Hang Seng Weekly Forecast: US Election and FOMC in Focus
Asia Pacific stocks may look for a rebound after two weeks of heavy selloff. Traders embrace a week full of event risks, including the US presidential election, FOMC meeting and nonfarm payroll data.
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AUD/USD on Edge of Key Support Less Than 2 Days Before US Election
AUD/USD has been trading near critical support, though it has been reluctant to break lower. Are traders waiting for the outcome of the US presidential election?
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Markets Week Ahead: Nasdaq 100, Gold, US Dollar, Crude Oil, All Eyes on Election
US stocks suffered their worst week in over 7 months as the Nasdaq 100, Dow Jones sank. Gold prices fell as the liquid US Dollar rose. The US Presidential Election and rising Covid-19 cases are lik...
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Nasdaq 100, Dow Jones, DAX 30 Forecasts for the Week Ahead
Stocks capped off their worst month since March and run the risk of suffering further losses after multiple levels of support were breached. Where are stocks headed in the week ahead?
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Saturday, 31 October 2020
Mexican Peso Fundamental Forecast: Election Outcome to Determine Momentum
As the run up to election day comes to an end, USD/MXN looks for any clues on risk appetite
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Euro Forecast: EUR/USD Outlook Bleak if 1.16 Support Breaks
A steep fall in EUR/USD is on the cards if strong support at 1.16 breaks after last week’s strong hint by the ECB that it’s planning still more stimulus for the Eurozone economy in December.
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Gold Price Forecast - The Calm Before the US Election Storm
Gold is likely to get buffeted next week as investors watch the US presidential election voting out-turns.
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US Dollar Outlook Hinges on Presidential Election, Covid-19, FOMC
A significant rise in coronavirus infections and US presidential election jitters may buoy the haven-associated US Dollar ahead of the FOMC interest rate decision.
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Friday, 30 October 2020
Crude Oil Volatility to Surge on FOMC Decision, US Presidential Election?
Sentiment-sensitive crude oil prices may have a volatile week ahead of the highly-anticipated US presidential election and the FOMC rate decision.
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AUD/USD Breaks September Low Ahead of RBA, Fed Rate Decisions
The future implications of the US election may influence AUD/USD following the RBA and Fed rate decisions as Congress struggles to pass another round of fiscal stimulus.
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Posts (Atom)
ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
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The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
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AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...