Tuesday, 17 November 2020

EUR/USD, EUR/JPY May Slide Lower Ahead of Euro-Area Inflation Data

EUR/USD and EUR/JPY rates may slide lower on dovish rhetoric from several members of the European Central Bank ahead of Euro-zone inflation data for October.

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Monday, 16 November 2020

Crude Oil Prices Eye $42 on Vaccine News, OPEC+ to Rein Output Hike

Crude oil prices are riding the Covid vaccine tailwind and a potential 3-6 months delay of production hike by OPEC+. WTI looks set to hit a key resistance at US$ 42.00.

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Natural Gas Outlook: Prices Sink to Support on NOAA Weather Forecasts

Natural gas futures fell nearly 12% so far this week following a warmer-than-expected temperature forecast from the NOAA. Price action is likely vulnerable to further downside pressure.

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Copper Prices Poised to Outperform on Chinese Recovery, Vaccine News

Copper prices may continue to climb higher on the back of positive vaccine developments and China’s robust economic recovery from the February doldrums.

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Hang Seng May Gain With S&P 500 on Moderna Vaccine Breakthrough

A 94.5% effective Moderna vaccine gave stock markets another boost, with the Dow Jones and the S&P 500 indexes closing at their record highs. Asia-Pacific stocks may trade higher following a strong...

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US Dollar Hurt, Not Out: Covid, Stimulus Woes Linger. IDR, PHP Eye Rate Holds?

US Dollar weakness slowed despite Covid vaccine hopes. Rising coronavirus cases and fiscal stimulus woes remain bullish factors. Indonesian and Philippine central banks are on tap.

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Australian Dollar Forecast: AUD/USD Boosted on Vaccine Sentiment, More to Go?

Vaccine headlines from Moderna buoyed risk appetite, sending Wall Street indices higher. AUD/USD is now approaching the November 9th high, will a new one be set?

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Dow Jones Forecast: Stock Market Hits New High on Moderna Vaccine

The Dow Jones Industrial Average spiked to a fresh record high during late Monday trade as stocks rejoiced more encouraging coronavirus vaccine news, but are investors growing complacent?

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Will Trade Wars Persist After the US Election?

What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?

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NZD/USD Rate to Eye Fresh 2020 Highs on Overbought RSI Reading

NZD/USD may trade to fresh yearly highs over the coming days as the Relative Strength Index (RSI) flirts with overbought territory.

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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USD/CAD Rebound Unravels as Fed Balance Sheet Approaches Record High

USD/CAD pares the advance from the yearly low (1.2928) as the US Dollar weakens against commodity bloc currencies.

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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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Markets Week Ahead: Dow Jones, Nasdaq, Crude Oil, OPEC, GBP/USD, Brexit Talks

Rotation-trade dynamics was this past week's focus as the Dow Jones outperformed the Nasdaq. Will this continue? Gold prices tumbled as crude oil gained ahead of an OPEC+ meeting. The British Pound...

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Equity Markets Rally After US Biotech Company Moderna Announces Successful Covid-19 Vaccine Trial Results

US Drug company Moderna says Covid-19 drug is nearly 95% effective, sending risk markets sharply higher.

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Australian Dollar Forecast: AUD/USD, AUD/NZD Levels to Watch

AUD likely to follow global risk sentiment despite plethora of RBA speeches

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British Pound (GBP) Latest: Post-Brexit Trade Talks Continue but No-Deal Fears Remain

The EU and UK will continue trade talks today with both sides refusing to make a move to break the deadlock. With time nearly out, a breakthrough is needed fast.

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DAX 30, IBEX 35 Forecast: Further Restrictions but Traders Remain Hopeful

European equities push higher as vaccine hopes encourage strong buyer support

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Sunday, 15 November 2020

Gold Prices Testing Key Resistance as Vaccine Optimism Fades

Gold prices are poised to push higher on fading vaccine optimism and the potential adjustment of the Federal Reserve’s asset purchasing program in December.

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US Dollar Hurt, Not Out: Covid, Stimulus Woes Linger. IDR, PHP Eye Rate Holds?

US Dollar weakness slowed despite Covid vaccine hopes. Rising coronavirus cases and fiscal stimulus woes remain bullish factors. Indonesian and Philippine central banks are on tap.

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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...