Monday, 12 October 2020

Rate Cut Odds Drop for ECB, RBNZ, and RBA as Global Growth Concerns Cool - Central Bank Watch

The big three central banks are in a holding pattern at present time.

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Silver Price Forecast: XAG/USD Bulls Face Stern Resistance

Silver has advanced over the last two weeks but may counter some major resistance to continued bullish momentum.�

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Gold Price Forecast: XAU/USD Attempts to Set Support at Big Level

Gold prices are pushing towards a fresh three-week-high, but it's the levels that Gold is trading above that makes this move so interesting.

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How Will the Election Affect the Stock Market? Dow Jones Forecast

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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Markets Week Ahead: Nasdaq 100, US Dollar, Gold, Stimulus, GPB, Brexit, Earnings

The Nasdaq 100 and gold prices soared as the US Dollar tanked amid rising US fiscal stimulus hopes. Could this continue driving risk appetite next? The British Pound faces the final push for Brexit...

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South African Rand Price Forecast: US Stimulus Hopes Sustaining ZAR

Will optimism around additional US stimulus continue to bolster the Rand?

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British Pound (GBP) Latest - Lockdowns, Brexit and Negative Interest Rates

A busy start to the week with new localized lockdowns mooted, a potentially pivotal Brexit week and BoE negative rate readiness talks

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Euro Rebound Susceptible to Weak Fundamentals, Dovish ECB

The Euro’s rebound higher against its haven-associated counterparts may be at risk if weakening fundamentals force the ECB to ease its monetary policy settings further.

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Sunday, 11 October 2020

US Dollar Outlook: Election Polling, Economic Data, Q3 Earnings Season

The US Dollar could weaken as the markets bet on more fiscal stimulus. However, lackluster economic data could offset those losses as earnings season gets underway.

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Saturday, 10 October 2020

Crude Oil Torn Between Earnings, Fiscal Stimulus Updates & Brexit Woes

Crude oil prices may seesaw between fiscal talks and corporate earnings with Brexit woes and the policy implications for a growing number of Covid-19 cases.

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Euro Forecast: EUR/USD Outlook Murky Ahead of Crucial EU Summit

EUR/USD and EUR/GBP can be expected to tread water ahead of the European Council meting that starts Thursday and will discuss both the Covid-19 pandemic and EU-UK relations post Brexit.

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Sterling (GBP) Weekly Outlook: EU/UK Trade Talks - It's Time to Decide

The UK voted to leave the European Union over four years ago and we are now heading into the week when both sides, potentially, will finally say ‘deal or no-deal’.

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S&P 500 and FTSE 100 Forecasts for the Week Ahead

Path of least resistance is higher for S&P 500 in the absence of notable catalysts. FTSE 100 eyes de-facto Brexit deadline

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Friday, 9 October 2020

Gold Price Outlook Dictated By Presidential Polls, Fiscal Aid Hopes

Gold’s resilience in the wake of fading fiscal aid hopes suggests that the price of Bullion may hinge on polling data ahead of US Presidential Elections in November.

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USD/CAD Price Forecast: Dollar-Cad Crushed, Finds Fibonacci Support

It's been a rough week for USD/CAD bulls, and the pair has re-engaged with another key zone of support. But can it hold sellers at bay?

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Crude Oil Trims Recent Gains as Market Flashes Overbought Warning

Brent crude has rallied nearly 10% this week (low to high) on a potent double of supply concerns and growing demand expectations.

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SA Rand Price Forecast: Bear Flag Hints at Continued ZAR Strength

The South African Rand has continued its recent gains vs a weaker dollar after breaking 16.5000. Bearish flag on the 4-hour chart supports a bearish outlook if validated

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EUR/GBP Testing Resistance Ahead of Pivotal EU Council Meeting

Next week’s European Council meeting (Oct 15-16) may well prove to be a turning point for EU/UK trade talks, but which path will it take?

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US Dollar Forecast: USD/CAD, GBP/USD, EUR/USD Levels to Watch

No news is good news for the equity space, while major FX pairs trade in ranges.

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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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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...