USD/JPY at Key Resistance, RBA Rate Decision May Set Market Mood

USD/JPY is approaching a key technical level while the RBA interest rate decision is on tap to set the tone for markets on December's first trading day after November's solid gains.

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Bitcoin Price Forecast: BTC/USD Tops 2017 Peak, Sets Sights Higher

Bitcoin pushed to a new all-time high on Monday as it topped the previous intraday high of $19,783 set on December 18, 2017. With a new peak established, can BTC/USD push higher?

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Losers in FX Markets After the US Presidential Election: USD & Gold

Both the DXY Index and gold prices have exhibited weakness in the wake of the US presidential election results.

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Nasdaq 100 Forecast: What Can Traders Expect in December?

The Nasdaq 100 enjoyed incredible gains in November, climbing more than 11%. As December begins, holiday and seasonal conditions might work to upset recent norms.

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British Pound Forecast: Breakout Potential Remains for EUR/GBP, GBP/JPY, GBP/USD

GBP-crosses have shrugged off any indecent news, suggesting that underlying demand remains strong.

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NZD/USD Rate Trades to Fresh 2020 High as RSI Sits in Overbought Zone

Recent developments in the Relative Strength Index (RSI) instill a bullish outlook for NZD/USD as the oscillator sits in overbought territory.

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US Dollar Price Action: USD Two-Year-Lows as EUR/USD Tests 1.2000

EUR/USD tested 1.2000 in early-September and it did not work out well. Will a recurrent attempt bring different results?

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USD/CAD Rate Approaches 2020 Low Ahead of Canada GDP Report

The update to Canada’s GDP report may keep USD/CAD under pressure as the Canadian economy is expected to avoid a technical recession.

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Markets Week Ahead: S&P 500, U.S. NFP, RBA, OPEC Meeting, Gold, UK-EU Negotiations

U.S. equity markets reached record highs as rising Covid cases fall to the back of investors' minds following several positive vaccine headlines. Meanwhile, UK-EU negotiations are approaching the d...

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USD/ZAR Analysis: Oversold RSI Opposing Rand Fundamentals

Rand fundamentals skewed toward further appreciation as year end approaches, how will this play out with contrasting technical signs?

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US Dollar Selling Persists, EUR/USD Nearing 1.20, GBP/JPY to Outperform

G10 FX to be largely dictated by month-end flows. Watch Out for USD Selling into London Fix

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British Pound (GBP) Outlook - GBPUSD Struggles Despite Ongoing US Dollar Weakness

The US dollar is trading at its lowest level since April 2018 but GBPUSD remains listless as Brexit talks continue

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IBEX 35, CAC 40 Forecast: Possible Signs of Exhaustion as Year End Approaches

European equities are a touch softer this morning as best month in history comes to an end

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DAX 30 Index May Fall as Germany Extends Nationwide Partial Lockdown

Germany’s benchmark DAX 30 index is at risk of a short-term pullback as Chancellor Angela Merkel moves to extend the nation’s ‘partial’ lockdown until December 20.

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Crude Oil Prices Retreat ahead of OPEC+ Meeting, US Blacklists CNOOC

Crude oil prices retraced from recent highs, weighed by a possible failure to agree on a delay in production hikes among OPEC+ members and the US blacklisting Chinese energy giant CNOOC.

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Nasdaq 100, Hang Seng Weekly Open: Markets Recede from Recent Highs

Asia-Pacific stocks trade broadly lower on the last trading day in November, retracing from recent highs. A vaccine-led rally appears to be overstretched, calling for profit-taking.

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Australian Dollar Dismisses Positive Chinese Data as US Blacklists SMIC, CNOOC

The Australian Dollar initially pushed higher on the back of positive Chinese PMI data before the Trump administration's move to blacklist SMIC and CNOOC propelled the trade-sensitive currency lower.

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US Dollar and Yen Down as Stocks Rise, Crude Oil Down on OPEC+

The anti-risk US Dollar and Japanese Yen fell as stocks aimed higher at the start of the global grading week. Crude oil prices fell after OPEC+ officials failed to agree on an output cut extension.

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Markets Week Ahead: S&P 500, U.S. NFP, RBA, OPEC Meeting, Gold, UK-EU Negotiations

U.S. equity markets reached record highs as rising Covid cases fall to the back of investors minds following several positive vaccine headlines. Meanwhile, UK-EU negotiations are approaching the de...

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US Dollar Forecast: USD Faces Immediate Downside Risks on Month-End Flows

A liquidity thinned week has had the USD on the backfoot with the greenback now below 92.00.

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