US Dollar, Yen and Gold Rise as Wall Street Stocks Swoon to Start 2021

The anti-risk US Dollar and Japanese Yen rose as stocks plunged at the start of 2021. Gold prices gained as bond yields fell. Runoff elections in Georgia are now in focus.

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US Dollar Volatility Spikes as GBP/USD Tumbles, USD/CAD Climbs

The US Dollar finished flat for the first trading session of 2021, though volatility is accelerating into the new year. GBP/USD spiked lower and USD/CAD climbed while EUR/USD eked out a small gain.

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FX Week Ahead - Top 5 Events: Georgia Senate Runoff Elections; Eurozone & Mexico Inflation; Canada & US Jobs

The first week of a new month and a new year brings an acute focus on the North American currencies and economies.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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Gold Price Forecast: XAU/USD Surges Up to Fibonacci Resistance

Gold is starting the New Year in a big way with a strong bullish breakout.

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GBP/USD Slides with UK PM Johnson Expected to Announce Another National Lockdown

UK PM Johnson scheduled to address the nation at 20:00GMT. COVID threat raised to highest level.

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Bitcoin (BTC) and Altcoins Ride Wild Volatility Wave While Ripple (XRP) Remains Mired

Cryptocurrency volatility is back at extreme levels last seen in early 2018 as Bitcoin continues to hit fresh all-time highs before the altcoin market rallied hard, playing catch-up.

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Risk Events for January: Why the Georgia Senate Runoff is Key for Financial Markets

US politics dominates the calendar for January with the Georgia senate runoff elections.

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DAX 30 Forecast - Bullish Momentum Builds Despite National Lockdown Extension

The DAX 30 pushes for a new all-time high as bullish momentum increases despite continued concerns about coronavirus

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British Pound Latest - GBP Boosted by Covid Vaccine Rollout, UK Virus Cases Surge

The Oxford vaccination rollout begins today with the UK government planning to administer millions of doses within weeks

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EUR/USD, EUR/JPY Rates Eyeing Euro-Area Inflation and PMI Figures

The Euro looks poised to extend its gains against the US Dollar and Japanese Yen despite the tightening of restrictions in several EU nations, as investors eye upcoming inflation and PMI figures.

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Gold Prices Breach Key Chart Resistance and Eye Further Upside Potential

Gold prices are trading higher on Monday amid worsening Covid-19 situations and US Dollar weakness. Prices have likely broken a key chart resistance level and opened room for further upside potential.

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ASX 200, Hang Seng Weekly Open: Rally May Pause as Pandemic Worsens

Asia-Pacific equities trade mixed as the pandemic worsens, despite hopes that central banks and governments might continue to deploy cash into 2021. Bitcoin hit US$ 33k as its exuberant rally carri...

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Bitcoin, Ethereum Outlook: Cryptos Go Parabolic, is a Correction Due?

Bitcoin and Ethereum have stormed higher since the March Nadir, on the back of extraordinary fiscal and monetary support. However, a near-term pullback could be in the offing.

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Copper 1Q Forecast: May Rise Further as Post-Covid Economic Outlook Clears

Copper may continue to rise into fresh multi-year highs as fundamental drivers appear set to strengthen in 2021.

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CNH 1Q Forecast: Vaccines and Biden’s Presidency May Threaten Yuan’s “One Way” Trajectory

A potential rebound in the US Dollar as a result of stronger fundamentals and inflation overshoot may lead to a reversal of EM currencies’ bullish trend. More importantly, a possible reigniting of ...

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MXN 1Q Forecast: Mexican Peso Outlook - USD/MXN Bearish in 2021 as Recovery Persists

The Mexican Peso looks positioned for a prolonged advance against the US Dollar in 2021. This could present bearish USD/MXN trading opportunities with the Mexican Peso possessing potential to exten...

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JPY 1Q Forecast: 2021 Could be the Year JPY Wakes Up

The place to be next year could be JPY, as the charts become increasingly “dead” and coiled up. USD/JPY and EUR/JPY are a couple of charts that hint at possibly making big moves.

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AUD 1Q Forecasts: Key Market Trends to Watch for in 2021 FX Market - Long AUD/USD and AUD/JPY

The Australian Dollar may continue to outperform against its US counterpart as the continuation pattern gains traction ahead of 2021. The improvement in investor confidence has also spurred a recov...

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AUD, NZD 1Q Forecasts: Commodity Currency Breakout in 2021? Cyclical Upturn Ahead for AUD & NZD

2021 could prove to be the start of a commodity-currency bull market, as long-term price analysis suggests a cyclical shift may be afoot for AUD, NZD against the haven-linked USD.

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