Friday, 11 December 2020

Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Budding optimism over a global growth rebound post-pandemic is helping fuel demand for the Australian, Canadian, and New Zealand Dollars.

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

Gold Price Rebound Unravels Ahead of Fed’s Last Meeting for 2020

The rebound in the price of gold appears to have stalled ahead of the Federal Reserve’s last meeting for 2020 amid the failed attempt to test the 50-Day SMA ($1875).

from DailyFX - Market News https://ift.tt/39YYCJG
via IFTTT

Kiwi Dollar Price Outlook: NZD/USD Continued Rise Amid USD Weakness

The New Zealand Dollar has performed well recently against the USD as Covid vaccine rollouts cause shift towards riskier assets.�

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

EUR/USD May Come Under Pressure as Post-Brexit Talks Currently Look Likely to Fail

There is a likelihood that the EU and UK will fail to agree on post-Brexit trade terms, which may in turn boost the US dollar

from DailyFX - Market News https://ift.tt/340peq0
via IFTTT

FTSE MIB Forecast: Bears Creep In as Travel Restrictions Dampen Holiday Spirit

European equities head lower towards year-end as caution creeps in

from DailyFX - Market News https://ift.tt/2LvfZI1
via IFTTT

Brexit Latest: GBP/USD Slides as No-Deal Brexit Risks Increase

GBP/USD Falls to Session Lows as EU’s Von Der Leyen says No-Deal Brexit is the Most Likely Option

from DailyFX - Market News https://ift.tt/377zbnu
via IFTTT

Thursday, 10 December 2020

DAX 30 May Slip Lower as Restrictions Fail to Suppress Covid-19 Cases

Germany’s benchmark DAX 30 index may slide lower in the near term as the nation’s ‘partial’ lockdown fails to suppress coronavirus infections.

from DailyFX - Market News https://ift.tt/3oGrzy3
via IFTTT

Gold Prices Struggle Despite Dollar Declines, Crude Oil Turns to US Sentiment

Gold prices struggled despite US Dollar weakness and a drop in Treasury yields, signaling underlying vulnerability. Crude oil prices gained, but momentum seems to be fading.

from DailyFX - Market News https://ift.tt/3m8PNiW
via IFTTT

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.

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

ASX 200, S&P 500 Index Forecasts: Healthy Correction Underway

The ASX 200 index is set to open mildly lower after a mixed Wall Street session despite rising iron ore prices. Crude oil prices surged to an eight-month high. Weaker US jobs data sank the US Dollar.

from DailyFX - Market News https://ift.tt/3n7R0bj
via IFTTT

Australian Dollar Hits Two Year High as Iron Ore Soars

Wall Street ended the day mixed as stimulus talks in Washington continued to drag on without a deal in sight. Meanwhile, the Australian Dollar extended its run into fresh multi-year highs as soarin...

from DailyFX - Market News https://ift.tt/3gMNKA9
via IFTTT

USD Price Outlook: US Dollar Bears Attempt Another Push

US Dollar selling pressure resumed on Thursday as USD price action pivoted toward week-to-date lows, but a weaker Pound Sterling helped alleviate some of the downside notched by the DXY Index.

from DailyFX - Market News https://ift.tt/2W6fA0k
via IFTTT

DAX 30, CAC 40, FTSE 100 Forecasts for the Week Ahead

European indies have entered consolidation mode after surging higher in November. After treading water for days, the DAX 30 and CAC 40 appear slightly vulnerable but the bullish trend remains intact.

from DailyFX - Market News https://ift.tt/3gy4ScH
via IFTTT

Oil Price Rally Eyes March High as RSI Flirts with Overbought Zone

The price of oil approaches the March high ($48.66) as it tracks the upward trend from November, with the rally pushing the RSI towards overbought territory.

from DailyFX - Market News https://ift.tt/3a0TEvN
via IFTTT

Euro Post-ECB: EUR/USD, EUR/JPY Tangle with Big Resistance

It's an ECB day and the single currency has rallied even with the bank's stimulus announcement.

from DailyFX - Market News https://ift.tt/2W3rurS
via IFTTT

USD/CAD Forecast: Post-BoC Breakdown Keeps RSI in Oversold Zone

USD/CAD snaps the range bound price action from earlier this week, and the RSI warns of a further decline in the exchange rate as it holds in oversold territory.

from DailyFX - Market News https://ift.tt/3oEtkf9
via IFTTT

Euro Rises With ECB Delivering More Stimulus as Widely Expected

As expected, ECB delivers further stimulus, Euro edges higher.

from DailyFX - Market News https://ift.tt/373Ns4i
via IFTTT

GBP/USD - The Next Leg Lower on Negative Brexit Headlines

Sterling is falling sharply across the board as the US enters the fray on the latest round of negative Brexit headlines.

from DailyFX - Market News https://ift.tt/376aJmu
via IFTTT

Gold Price Remains Under Pressure and Looks For Guidance

Gold continues to push lower after Wednesday’s sell-off and recently supportive moving averages and Fibonacci retracements are under pressure.

from DailyFX - Market News https://ift.tt/3a08sLk
via IFTTT

Euro Latest: ECB to Focus on EUR/USD, EUR/GBP Strengthens as Brexit Hopes Diminish

European Central Bank policy meeting in focus, Brexit hopes fade with new deadline set for Sunday

from DailyFX - Market News https://ift.tt/39ZyLl0
via IFTTT

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...