Euro Forecast: EUR/USD Outlook Upbeat on Sunny Market Sentiment

Trader confidence has been boosted by the US Democrats winning control of the Senate, suggesting further flows out of the safe-haven US Dollar into ‘risk-on’ currencies such as the Euro.

from DailyFX - Market News https://ift.tt/3s9dThC
via IFTTT

Gold Price Outlook Mired by Spike in US Treasury Yields

The price of gold tumbles to a fresh weekly low ($1834), with the weakness in bullion largely coinciding with the recent spike in US Treasury yields.

from DailyFX - Market News https://ift.tt/2LhT9DN
via IFTTT

Crude Oil Prices Eyeing OPEC Outlook Report After Saudi Output Cut, US Stimulus

Crude oil prices may extend gains after Saudi Arabia unexpectedly cut production ahead of the monthly OPEC outlook report. US fiscal stimulus bets may also underpin WTI.

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

Australian Dollar Outlook: Rising Commodity Prices to Drive AUD Higher

Australia’s success in suppressing the novel coronavirus and soaring commodity prices may continue to underpin the cyclically-sensitive AUD in the coming months.

from DailyFX - Market News https://ift.tt/3hX4DZl
via IFTTT

South African Rand Price Forecast: USD/ZAR, GBP/ZAR,EUR/ZAR Setups

Rand Falters Amid Dismal Economic Outlook and a Potent Second Wave

from DailyFX - Market News https://ift.tt/3q2gckN
via IFTTT

Sterling (GBP) Weekly Outlook: Covid-19 Vaccination Program Underpins Sterling

Looking ahead, the British Pound will continue to draw strength from an acceleration in the UK vaccination program, despite rising infection numbers.

from DailyFX - Market News https://ift.tt/35o2u3F
via IFTTT

Sterling (GBP) Weekly Outlook: Covid-19 Vaccination Program Underpins Sterling

Looking ahead, the British Pound will continue to draw strength from an acceleration in the UK vaccination program, despite rising infection numbers.

from DailyFX - Market News https://ift.tt/35o2u3F
via IFTTT

USD/CAD Rates to Watch Following Canada Employment Report

Key market trends may continue to influence USD/CAD following Canada’s Employment report as the US Dollar still reflects an inverse relationship with investor confidence.

from DailyFX - Market News https://ift.tt/3q35iva
via IFTTT

USD/CAD Rates to Watch Following Canada Employment Report

Key market trends may continue to influence USD/CAD following Canada’s Employment report as the US Dollar still reflects an inverse relationship with investor confidence.

from DailyFX - Market News https://ift.tt/3q35iva
via IFTTT

Silver (XAG/USD) Snaps Back From Resistance Post-NFP

Silver prices pull back following this morning’s NFP report

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

Stock Market Forecast: Three Stocks to Watch in the Week Ahead

A Democratic controlled White House, Senate and House could spark sectoral rotations in the stock market and a few select stocks could outperform the broader market as a result.

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

US Dollar, S&P 500, US Rates Whipsaw After Mixed NFP Report

A weaker than expected NFP headline with job losses at 140k, against expectations of a 71k jobs increase.

from DailyFX - Market News https://ift.tt/3i6vdPX
via IFTTT

As a New Retail Trader Age Rises, Heed Tales of Past Manias

In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.

from DailyFX - Market News https://ift.tt/3aTc7uJ
via IFTTT

USD/CAD Price Outlook - Running Into Important Employment Data

USDCAD weakness has been a running theme since mid-March last year and the pair are now nearing levels that may cause concern at the Bank of Canada.

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

British Pound (GBP) Latest: Negative Rates and New Lockdown Limit Downside in EUR/GBP

Pound sterling is looking to finish the week a little stronger but faces significant challenges in the short-term

from DailyFX - Market News https://ift.tt/3oltw3f
via IFTTT

S&P 500 Index Climbs To Record Highs Ahead of Non-Farm Payrolls Report

The S&P 500 index seems poised to extend its recent push to fresh record highs ahead of December’s NFP reports, as investors cheer the prospect of further fiscal support.

from DailyFX - Market News https://ift.tt/3s5luxK
via IFTTT

Gold Falls as US Political Shift Fuels Reflation Bets, Crude Oil Rally Eases

Gold and oil prices reacted to political developments in the United States, with investors favoring growth-linked assets over gold despite increased inflation odds.

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

Nasdaq 100 Rally Inspires Hang Seng, ASX 200 Index to Trade Higher

Wall Street stocks enjoyed a tech-led rally, setting a positive tone for Asia-Pacific markets. A threat from the US to blacklist Alibaba, Tencent and to delist Chinese telecoms may weigh on the Han...

from DailyFX - Market News https://ift.tt/3nrlW5I
via IFTTT

Australian Dollar Outlook: Strong Greenback Halts AUD/USD Rally

Increased stimulus bets pushed the US Dollar higher after a shift in the U.S. political landscape, putting pressure on the high-flying Australian Dollar

from DailyFX - Market News https://ift.tt/35kGFSG
via IFTTT

USD Price Outlook: US Dollar Tracking Yields Higher, NFPs Eyed

The US Dollar strengthened broadly on Thursday with order being restored to Capitol Hill. USD price action could remain volatile owing to swings in Treasury yields and monthly jobs data due.

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