US Dollar, Gold, S&P 500 React to September NFP Report Miss

Nonfarm payrolls data for September 2020 just crossed the wires at 661K job gains and missed market forecast of 859K, but the US unemployment rate dropped further to 7.9% from 8.4% previously.

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USD/ZAR: Rand Slips After President Trump Tests Positive for COVID-19

President Trump has thrown curveball at global markets in the midst of an already volatile election race. How will this impact the Rand going forward?

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EUR/USD Price Remains Under Pressure After Lowly Inflation Data; US NFP Next Important Release

The single currency remains on the back foot after slightly worse than expected inflation data highlights the difficult job the ECB has to boost price pressures.

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British Pound Latest (GBP) - Boris Johnson & Von Der Leyen to Meet, Make or Break for Brexit?

GBP/USD rose on reports that UK’s Johnson and Von Der Leyen will meet to break the Brexit deadlock.

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USD Surges, S&P 500 Futures Sink as President Trump Tests Positive For Covid-19

The US Dollar surged while S&P 500 stock index futures collapsed after news that President Trump had tested positive for Covid-19 roiled equity markets.

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Indian Rupee, Nifty 50 at Risk to a US Stimulus Setback After RBI Delay

The Indian Rupee and Nifty 50 may be at risk to capital flight with global sentiment focusing on US fiscal stimulus bets. This follows a delay to the latest RBI rate decision.

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Nasdaq 100 Futures Erase Gains, DAX 30 Tests Support, Oil Falls

US stocks shrugged off mixed economic data and ended higher. The tech sector outperformed. The DAX 30 index may test the 100-Day SMA. Oil prices plunged 4%.

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Gold Price Forecast: RSI to Indicate Waning Bearish Momentum

The price of gold extends the rebound from the September low ($1849), and the RSI may show the bearish momentum abating if it breaks out of the downward trend from August.

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AUD/USD Staging a Comeback as Joe Biden Surges in the Polls

AUD/USD is trading below a key resistance range after successfully bouncing from support at 0.7018 in tandem with growing support for Democratic nominee Joe Biden.

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S&P 500 Outlook: Stocks Flop, VIX Pops on Failed Stimulus Talks

S&P 500 price action pivoted lower from intraday highs as market optimism for another fiscal stimulus package faded throughout the session following uninspiring remarks from key politicians.

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EU Stoxx 50 Forecast: Bears Ready to Drag Index Lower on Rising Virus Cases?

Recent price action brought the EU Stoxx 50 Index to the bottom half of a range established through the recent summer months, but rising Covid cases across Europe may push the index lower in the sh...

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Gold Price Forecast: XAU/USD Climbs to Resistance, Will it Rally?

After suffering losses throughout September, gold has recovered meaningfully in the last two weeks and nears overhead resistance as a result. Can the precious metal continue higher?

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Japanese Yen Forecast: Turning the Corner in EUR/JPY, GBP/JPY, & USD/JPY Rates?

Amid global equities climbing higher, the Japanese Yen has seen demand fade, particularly after a bout of disappointing Japanese economic data.

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Copper Crushed as Silver Struggles to Set Support

It's been a rude start to Q4 for Copper; but there may be a silver lining in Silver prices.

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US Dollar Bounces Off Support Amid Key Economic Data Releases

US Dollar turns positive in early Thursday trade following the release of several key data releases on the American economy while GBP/USD price action snaps sharply lower as Brexit uncertainty esca...

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Euro Pound Forecast: EUR/GBP Risk of Hard Brexit Returns as Channel Forms

Hopes of a Brexit deal appear distant, pushing price action into a channel formation

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Euro Forecast: Key EUR/USD Levels to Watch

Euro holding on month & quarter end gains, however, downside risks are looming for the single currency

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Gold Price (XAU/USD) Latest - Struggling to Make Further Headway

Gold remains stuck in a short-term sideways pattern and needs a fundamental driver to force a breakout. US dollar price action around Friday’s NFP report may provide that driver.

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British Pound (GBP) Latest: GBP/USD Trend Higher Persists as Risk Appetite Improves

Sterling is extending its recent upward trend as trader appetite for risk continues to improve on robust US data, signs a US fiscal stimulus program could be agreed and Covid-19 vaccine hopes.

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EUR/JPY Rates Rebound at Risk as ECB Flags Tweaks to Inflation Target

The EUR/JPY exchange rate’s rebound from multi-month lows may prove short-lived as the European Central Bank flags the potential adoption of average inflation targeting

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