Monday, 21 December 2020

Sterling Update: GBP/USD, EUR/GBP, GBP/JPY React to Brexit and COVID Latest

GBP extends losses as markets digest the latest Brexit and COVID concerns

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IBEX 35, DAX 30 Forecasts: Bears Take Control as Covid-19 Fights Back

European stock indices are deep in the red as a new strain of Covid-19 forces the UK to shutdown

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British Pound Outlook: Covid Mutation, Brexit Talks Undermine GBP/USD

The British Pound is at risk of significant losses as a new strain of coronavirus forces the tightening of local restrictions, and a no-deal Brexit scenario becomes increasingly likely.

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and open the door to violent volatility – and trading opportunities.

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Sunday, 20 December 2020

Copper May Rise on US Stimulus Deal, Chinese Industrial Profits in Focus

Copper prices remain near recent 7-year highs as Congress nears a $900 billion Covid relief package. China's industrial profits move into focus for the red metal's path forward.

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Nasdaq 100, Tesla and Bitcoin Carry Hopes while GBPUSD, GBPJPY Suit Conditions

We are heading into the final two trading weeks of the year with liquidity expected to quickly dwindle. Yet with the Nasdaq 100, Tesla, Bitcoin and EURUSD pushing highs amid extended US stimulus an...

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US Dollar and Yen Up, British Pound Down as New Virus Strain Hits London

The anti-risk US Dollar and Japanese Yen rose while the British Pound fell as a new strain of the coronavirus forced London into lockdown. US negotiators agreed on a fiscal stimulus plan.

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Stock Market 1Q 2021 Forecast: Equity Markets to Enjoy Continued Economic Recovery, Loose Monetary Policy

Equity markets look to enter 2021 near record levels despite soaring coronavirus cases and sweeping lockdowns. Can stocks push higher with the help of a vaccine and government stimulus?

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Gold 1Q 2021 Forecast: Gold Outlook Bullish Headed into First Quarter, with Caveats

While the 1Q’21 gold price outlook is bullish, there are some caveats – mainly, that gold may not be the best performing metal, precious or otherwise.

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Saturday, 19 December 2020

Japanese Yen Fundamental Forecast 1Q 2021: a Haven When Few Want it

The anti-risk Japanese Yen is vulnerable heading into the first quarter as global stimulus continues to cool market volatility, boosting stocks. What are risks that may end up boosting JPY?

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Sterling Q1 2021 Forecast: GBP/USD Closing a Tumultous Year on the Front Foot

Sterling’s technical analysis has played second fiddle to overarching fundamentals in the past year, but that may change in the first quarter of 2021.

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Euro 1Q 2021 Forecast: Can the ECB Curb the Euro's Strength?

The European Central Bank has made clear that it does not want to see EUR/USD above the 1.20 mark, once seen as its ‘line in the sand’ for the pair. But it’s hard to see what it can do about it.

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US Dollar 1Q 2021 Forecast: Safe Haven Status Versus Fading Growth Position

The US Dollar has put in for the worst performance of the G10 currencies through the final quarter of 2020. Facing an even deeper slide after recent critical technical breaks can relative growth or...

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Crude Oil 1Q 2021 Forecast: Covid to Clash with Vaccine Rollout

Crude oil prices soared these last two months largely thanks to improving global GDP growth outlook, but the commodity could face hurdles headed into 2021 as covid clashes with vaccine rollouts.

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Friday, 18 December 2020

Australian Dollar 1Q 2021 Forecast Upbeat as RBA Rejects Negative OCR

The Australian Dollar may continue to outperform its US counterpart in 2021 as the RBA continues to rule out a negative interest rate policy (NIRP).

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Sterling Q1 2021 Forecast: Starting to Look a Better Prospect

The first quarter of 2021 looks set to be an intriguing, and volatile, three months for sterling-denominated assets and traders

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Financial Stocks Rise as Fed Clears Path for Banks to Resume Buybacks

The Federal Reserve's stress test results for the U.S. banking system pushed financial stocks higher in after-hours trading Friday afternoon with the assessment clearing a path for banks to begin i...

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US Dollar 1Q 2021 Forecast: Safe Haven Status Versus Fading Growth Position

The US Dollar has put in for the worst performance of the G10 currencies through the final quarter of 2020. Facing an even deeper slide after recent critical technical breaks can relative growth or...

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Three Trading Types and How They Influence the Market

We look at the three trading types and how they influence the market.

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EUR/USD Rates to Watch Following Break of Monthly Opening Range

EUR/USD has broken out of the opening range for December and the exchange rate may continue to appreciate as long as the RSI holds in overbought territory.

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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...