Canadian Dollar to Outperform as BoC Dismisses Negative Rates

The Canadian Dollar looks poised to outperform the haven-associated Japanese Yen and US Dollar as the Bank of Canada talks down negative rates.

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GBP/USD Muted Following UK GDP, Brexit Latest Remains Dominant Driver

UK GDP misses estimates, GBP reaction muted amid key focus on Brexit latest

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Crude Oil Prices May Be Capped By US Stimulus Uncertainty

Crude oil prices have enjoyed support amid renewed hopes for another round of US fiscal stimulus but follow-through is suspect as traders grapple with frequent policy reversals.

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Gold Price Bounces Back as Fed Prepares Outcome-Based Forward Guidance

The price of gold pares the decline from earlier this week on the back of US Dollar weakness as the Fed plans to provide a “more explicit outcome-based forward guidance.”

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S&P 500 Climbs to One-Month High, Nikkei 225 Breaks Key Resistance

US stock indices climbed to their one-month highs alongside a falling US Dollar after the vice presidential debate. Asia-Pacific equities may trade mixed as mainland Chinese markets resume trading.

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Indian Rupee, Nifty 50 Await RBI as USD/INR Downtrend Steadies

After being postponed, the Indian Rupee and Nifty 50 are awaiting the Reserve Bank of India later today. This is as USD/INR seems to be transitioning into a consolidative state.

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Nasdaq 100 at Key Resistance as Biden and Harris Surge in the Polls

The tech-leaning Nasdaq index closed just below key technical resistance as Biden and Harris surged in the polls following the vice-presidential debate.

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Dow Jones & Nasdaq 100 Wrestle With Resistance, Are They At Risk?

The Dow Jones and Nasdaq 100 have fully recovered from Tuesday’s reversal and are probing topside resistance as a result. If resistance holds, will they reverse lower yet again?

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US Dollar Digestion: EUR/USD, GBP/USD Price Action Setups

The US Dollar has been digesting this week, and there may be a directional change on the horizon in EUR/USD and GBP/USD.

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Negative Interest Rates - Can They Stimulate The Economy?

Negative interest rate talk is now commonplace among central bankers across the globe. What are they and do they work?

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Euro Dollar Forecast: EUR/USD Rangebound Ahead of ECB Policy Meeting Accounts

EUR/USD clings to Fibonacci retracement level as price action awaits ECB minutes

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Gold (XAU/USD) Price Rattled by Rising US Treasury Yields

Rising US Treasury yields continue to cap bullish gold momentum with a series of short-term lower highs dominating the daily chart.

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New Zealand Dollar Forecast: NZD/USD, AUD/NZD Levels in Focus

RBNZ reiterates negative rate view. NZD/USD, AUD/NZD levels to watch.

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British Pound (GBP) Latest: GBP/USD Stable, Bailey Optimistic on Brexit Deal

GBP/USD will likely continue to trade sideways ahead of next Thursday’s crucial EU summit, which will discuss the post-Brexit relationship between the EU and the UK.

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Gold Price Trend Favors Downside, Crude Oil Eyeing OPEC Report Next

Gold prices gained as the US Dollar fell on rising stimulus hopes, but the XAU/USD technical outlook favors the downside. Crude oil prices are eyeing the OPEC World Outlook report.

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EUR/USD Outlook Unfazed by FOMC Minutes as Risk Appetite Improves

EUR/USD appears to be unfazed by the Federal Open Market Committee (FOMC) Minutes even though the central bank warns of a protracted recovery.

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NZD/USD Rate Weakness to Persist as RSI Retains Downward Trend

NZD/USD struggles to retain the advance from the September low (0.6512), and the bearish price action may persist as the RSI retains a downward trend.

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Nasdaq Whipsawed by Fiscal Stimulus Talks, Vice Presidential Debate Ahead

The Nasdaq continues to seesaw with other equity indices over ambiguity of fiscal stimulus developments ahead of the first and only vice presidential debate.

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Gold Price Forecast: Precious Metal Backs off Resistance, Pauses Break Out

After testing resistance earlier this week, gold has since fallen back into the depths of a descending wedge that might keep gold prices contained for the time being. Still, the longer-term outlook...

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US Dollar Defends Session Lows Following September FOMC Minutes

The US Dollar searches for a relief bounce off session lows following ominous remarks found in the September FOMC minutes just released. Where is USD price action and the DXY Index headed next?

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