Saturday, 31 October 2020

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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GBP/USD Weekly Forecast: US Election the Main Risk, BoE to Boost QE

USD awakens, placing GBP/USD on the backfoot, while EUR/GBP cracks 0.90.

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Gold Price Reverses Ahead of September Low with US Election on Tap

The price of gold may trade within a defined range ahead of the US Presidential Election as it reverses ahead of the September low ($1849).

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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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EUR/USD Latest: Euro Area Growth Exceeds Forecast, Euro Looks Past Data

Euro Area Q3 growth exceeds expectations, however, Euro looks past data with Q4 momentum slowing dramatically.

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South African Rand outlook: Global Sentiment Continues to Govern ZAR

Central fundamental factors will dictate Rand price action over the coming weeks. Will this continue to aid ZAR strength or will local economic conditions come to light?

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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.

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Brexit Talks Continue, FTSE Makes a Fresh 6-Month Low, GBP/USD Stable

The FTSE 100 has just printed a fresh 6-month low on heightened Covid-19 fears as more regions go into lockdown.

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Thursday, 29 October 2020

IBEX 35, CAC 40 In Jeopardy Amid Stringent Covid-19 Restrictions

The Spanish IBEX 35 and French CAC 40 indices are at risk of extended losses as both nations tighten restrictions amid a record surge of Covid-19 cases.

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Trump Vs. Biden on Economies and Markets

Depending upon the outcome of the November presidential election, the US economy could take very different tracks.

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AUD/USD Selloff May Deepen With Stalemate on Fiscal Talks. Biden Leads

AUD/USD may decline as it tests key support amid swelling risk aversion from bipartisan intransigence over fiscal stimulus and a spike in Covid-19 cases.

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Nasdaq 100 Forecast: Mixed Reaction to Earnings as Covid Muddles Outlook

High-impact tech earnings from Apple, Amazon, Alphabet, and Facebook showed strong growth across the tech giants, but market reactions were mixed, as Covid complicates projections

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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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Nasdaq 100, Dow Jones Climb Ahead of AAPL, AMZN, FB, GOOG Earnings

After a week of turbulence, the Nasdaq 100 and Dow Jones climbed significantly ahead of earnings from some of the largest publicly traded companies in the world. Will they meet expectations?

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NZD/USD Pullback Takes Shape Amid Failure to Test September High

NZD/USD appears to have reversed course ahead of the September high (0.6798) as the US Dollar appreciates on the back of waning investor confidence.

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Crude Oil Forecast: WTI Crude Oil Sinks to Fresh Four-Month-Lows

WTI Crude Oil broke down to a fresh four-month-low this morning; but found a bounce at an interesting level on the chart. Can sellers continue to push?

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ECB Pre-Commits to More QE in December, EUR/USD and DAX Reaction

More stimulus on the way from the ECB as a second wave of COVID dampens outlook.

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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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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...