S&P 500 May Be Vulnerable To a Pullback if the US Dollar Rebounds

The S&P 500 index exhibited a strong negative correlation with the US Dollar over the past 12 months. A potential rebound in the US Dollar may derail stock markets’ upward trajectory.

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USD/MXN Forecast: Bearish Case is Weakening as Peso Strength Might Become an Issue

USD/MXN stalls above key support as Bearish Pressure Seems to Recoil Slightly

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Weekly Fundamental Gold Price Forecast: Can You Trust The Rebound in XAU/USD?

Gold prices in USD-terms have rallied sharply this week, but gold’s gains lagged elsewhere. Thanks in part to US stimulus talks, US Dollar weakness is masking gold’s own bearish underlying fundamen...

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US Dollar Weekly Outlook: In One Word - Frail

The US dollar is unloved, oversold and at lows last seen over 30-months ago. At the moment there seems to be very little reason to buy the greenback

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Euro Forecast: EUR/USD Consolidation Due as ECB and EU Leaders Meet

After the recent strength of EUR/USD, a period of consolidation is likely ahead of two critical meetings: of the European Central Bank and the European Council.

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Australian Dollar May Extend Gains Despite Escalating China Trade Tensions

The Australian Dollar may dismiss escalating trade tensions with China and continue moving higher as the easing of coronavirus restrictions accelerates the nation’s economic recovery.

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US Dollar Steadies After Disappointing November US Jobs Report

The disappointing US labor market data has boosted speculation that US Congressional leaders will finally agree to another tranche of fiscal stimulus.

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South African Rand Dollar Forecast: USD/ZAR Stands Firm as Risk-On Sentiment Prevails

The Rand stands strong against the USD as an increase in risk appetite weighs on the Dollar

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GBP/USD Weekly Forecast: Is a Brexit Breakthrough Imminent?

GBP/USD breaks to fresh YTD highs to hit 1.35 as markets price in a Brexit. Markets remain on tenterhooks.

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EUR/USD Outlook Unfazed by NFP Report as RSI Sits in Overbought Zone

The EUR/USD rally appears to be unfazed by the NFP report, with the RSI sitting in oversold territory for the first time since August.

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US Dollar Whipsaws on Soft Non-Farm Payrolls Report

Softer NFP report reaffirms case for fresh fiscal stimulus, while Fed is expected to tinker bond purchases.

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Canadian Jobs Report Beats Expectations

November's Employment Change prints at 62k vs. forecast of 20k, Unemployment Rate falls to 8.5% vs. forecast of 8.9%.

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Sterling Latest: GBP/USD Prepares for Brexit and NFP Event Double

GBP/USD has given back most of Thursday’s gains and is now preparing for a US non-farm payroll and Brexit endgame double.

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FTSE Mid 250, IBEX 35, CAC 40 Forecasts: Bullish Momentum Stalls

Vaccine and Brexit news continue to be the dominating themes in European equity markets

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EU Stoxx 50 Index at Risk on Vaccine Hiccup, ECB Tempering Expectations

Europe’s benchmark EU Stoxx 50 index could be at risk of a near-term pullback as Pfizer slashes its vaccine production targets and the ECB tempers easing expectations.

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Gold Prices Turned? Crude Oil Looking to Extend Gains After OPEC+ Deal

Gold prices confirmed a break above a wedge, looking to extend gains as US non-farm payrolls near. Crude oil surged after an OPEC+ output deal, supported by signals in moving averages.

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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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Nikkei 225, ASX 200 Hover At Recent Highs Ahead of Nonfarm Payroll

Asia-Pacific stocks whipsawed near their recent highs on mixed sentiment. Congress moved closer to strike a stimulus package, while Pfizer slashed its vaccine distribution forecast for this year.

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Australian Dollar Outlook: AUD/USD May Rise, Overbought Conditions Eyed

Sentiment continued to lift across markets, pushing AUD/USD to fresh multi-year highs in the New York trading session. Meanwhile, the US Dollar's downward spiral intensified. A lack of data prints ...

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Dow Jones Forecast for the Week Ahead

The Dow Jones enjoyed an almost parabolic climb in November which has since transitioned into a pattern of consolidation. With a largely constant fundamental landscape, technical levels might offer...

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