British Pound (GBP) Latest: GBP/USD Hovering Close to 1.30 Amid Brexit Talks

GBP/USD will likely continue to trade around its current level as the EU and the UK continue to discuss their post-Brexit relationship and the US elections come closer.

from DailyFX - Market News https://ift.tt/35MyCh4
via IFTTT

Canadian Dollar Poised to Fall Ahead of Bank of Canada Rate Decision

The Canadian Dollar could lose ground against the ‘safe haven’ Japanese Yen and US Dollar ahead of the upcoming Bank of Canada interest rate decision.

from DailyFX - Market News https://ift.tt/3kAclZL
via IFTTT

Gold Price Coils Up in Tight Range. Will US Election Trigger Breakout?

Gold prices are coiling up in a tight range with an eye on key support level at US$ 1,900. Will the US election serve as a big breakout catalyst?

from DailyFX - Market News https://ift.tt/34zVHnx
via IFTTT

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.

from DailyFX - Market News https://ift.tt/3o1QzAz
via IFTTT

S&P 500, Dow Jones: Can Stock Markets Predict Presidential Elections?

Does S&P 500 and Dow Jones Industrial Average performance 3 months or 1 year before a US presidential election impact its outcome? Data since 1932 are analyzed.

from DailyFX - Market News https://ift.tt/2GaXTZu
via IFTTT

Japanese Yen Outlook: Wait-and-See Bank of Japan May Bolster JPY

Souring market sentiment and the Bank of Japan’s wait-and-see approach to monetary policy may fuel the Japanese Yen against its major counterparts.

from DailyFX - Market News https://ift.tt/3jBlr7s
via IFTTT

Dow Jones Falls on Rising Virus Cases, Hang Seng Vulnerable to a Pullback

The Dow Jones fell for a third day after a higher number of coronavirus cases were reported in the US, France and Germany. Asia-Pacific stocks might be vulnerable to a pullback amid souring sentiment.

from DailyFX - Market News https://ift.tt/3kDOfxl
via IFTTT

S&P 500 Near Key Inflection Point With Election One Week Away

The S&P 500 may challenge a key inflection point as the benchmark index faces heightened liquidation pressure amid a spike in Covid-19 cases one week ahead of the US presidential election.

from DailyFX - Market News https://ift.tt/37NchCo
via IFTTT

Nasdaq 100 Outlook Steadied as Microsoft Beats Earnings Expectations

Technology giant Microsoft announced earnings after the close Tuesday, beating Wall Street expectations. This could help bolster the Nasdaq 100 ahead of other upcoming earnings.

from DailyFX - Market News https://ift.tt/2HK2D8z
via IFTTT

AUD/USD Price Outlook: Australian Dollar Braces for Inflation Data

AUD/USD price action looks ripe for volatility during Wednesday’s trading session with potential for the upcoming release of high-impact Australian inflation data to send the Aussie-Dollar swinging.

from DailyFX - Market News https://ift.tt/3e4mBXH
via IFTTT

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?

from DailyFX - Market News https://ift.tt/3kxWkDS
via IFTTT

S&P 500 Price Forecast: SPX Tests Huge Zone at Bull Flag Support

It was a crude start to the week for US stocks, but the S&P 500 remains in a bull flag formation while holding on to a big area of long-term support.

from DailyFX - Market News https://ift.tt/3mw1e4T
via IFTTT

VIX Index: US Election Uncertainty to Drive Market Volatility

The VIX Index tends to rise as the US presidential election approaches as investors hedge against potential downside risk that can arise from such a turbulent event.

from DailyFX - Market News https://ift.tt/2TAItR3
via IFTTT

US Presidential Election Timeline and Implications for Gold Prices

The price of gold has become more responsive to the macroeconomic landscape since President Richard Nixon took steps to end the Bretton-Woods system starting in 1971.

from DailyFX - Market News https://ift.tt/34uF10J
via IFTTT

AUD/USD, GBP/USD, Silver & More: Charts & Technical Analysis

Aussie has a solid line of support to watch, Cable channel dictating the price action, while silver tight-ropes a trend-line from March.

from DailyFX - Market News https://ift.tt/35Kh9Wy
via IFTTT

How Will Markets React to the 2020 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.

from DailyFX - Market News https://ift.tt/2J80ggB
via IFTTT

Bullish Signals for NZD/USD, Bitcoin From Market Sentiment Data | Webinar

IG Client Sentiment figures, which track the positioning of retail traders, are sending out bullish contrarian trading signals for both NZD/USD and Bitcoin.

from DailyFX - Market News https://ift.tt/2Ttb3Uz
via IFTTT

Gold Price - Looking For a Reason to Range Break as Volatility Wanes

Gold is heading nowhere fast and needs a driver to break the current restrictive trend. A fragile equity space, dollar weakness, and US presidential elections are all capable of driving the next move.

from DailyFX - Market News https://ift.tt/3kz7mJ1
via IFTTT

EUR/GBP Analysis: Brexit Hopes Bolster Pound Sterling

EUR/GBP has shown minimal price action of late but will upcoming EU economic data and Brexit negotiations be the catalysts needed to establish a directional bias?

from DailyFX - Market News https://ift.tt/3kxRarx
via IFTTT

EUR/USD Outlook: Euro Battles Support, ECB May Signal December Action

Short-term support keeps EUR/USD afloat for now, ECB to address the worsening Eurozone growth outlook.

from DailyFX - Market News https://ift.tt/2HGFft9
via IFTTT