Wednesday, 13 January 2021

British Pound (GBP) Latest: GBP/USD Benefiting From Weak USD, Treasury Yields

GBP/USD has now recovered all the ground lost last week, benefiting from a weaker US Dollar prompted by lower Treasury yields following their previous strong rise higher.

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Tuesday, 12 January 2021

US Dollar May Resume Slide as Yields Turn Lower on Strong Treasury Demand

Strong demand for US 10-year Treasuries and the reiteration by several Federal Reserve members that the central bank is not looking to taper its QE program may halt the US Dollar’s recent recovery.

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Crude Oil Prices Hit 11-Month High on Reflation Hopes, Falling Stockpiles

Crude oil prices reached their highest level since Feb 2020 on reflation hopes and a large draw in crude inventories from the latest API report. A weaker US Dollar and a flattening Treasury yield c...

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Nasdaq 100 Rebounds with Falling USD. Will Hang Seng, ASX 200 Follow?

Wall Street stocks closed marginally higher overnight, led by energy and material sectors. The US Dollar retreated alongside Treasury yields. Asia-Pacific markets look set to open slightly lower.

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Silver Price Outlook: Falling Treasury Yields Support XAG/USD

Following recent gains, US Treasury yields reversed lower, allowing silver prices to capitalize on a weaker US Dollar.

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US Dollar Price Outlook: Emerging Market Currencies Face Rising Treasury Yields

The US Dollar may pause weakness against ASEAN currencies as Treasury yields help offset the impact of a rally in Emerging Market stocks amid fiscal stimulus bets from the United States.

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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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Canadian Dollar Forecast: USD/CAD Recovers, Will it Reverse Lower Soon?

USD/CAD has regained its footing in recent sessions, moving off of lows narrowly above 1.2600. Can the pair continue higher or will USD/CAD soon reverse lower? Technical levels may hold clues.

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NZD/USD Vulnerable amid Failure to Retain January Opening Range

Failure to preserve the monthly opening range may lead to a larger correction in NZD/USD amid the ongoing rise in longer-dated US Treasury yields.

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Euro Dollar Forecast: EUR/USD Stalls after Falling to Critical Support

EUR/USD price action continues to trade sideways in anticipation of fundamentals

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US Dollar Price Forecast: Can USD Bulls Really Take Control?

Take a snapshot while you can because the US Dollar is up so far in 2021 trade. Can buyers continue to drive through some high-impact US data?

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Mexican Peso Forecast: Rising US Yields Help USD/MXN Fend Off Breakdown, For Now

USD/MXN rates started the year by breaking the 2020 low, only to see a sharp reversal higher alongside rising US Treasury yields.

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EUR/USD Susceptible to Larger Pullback Ahead of Account of ECB Meeting

The account of the ECB meeting may do little to prop up EUR/USD as the exchange rate as the RSI tracks the downward trend established in December.

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GBP/USD Boosted as BoE's Bailey Downplays Negative Rates - US Market Open

Equities attempt to make a comeback from Monday’s pullback. GBP outperforms.

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Crude Oil Price Outlook - Markets Continue to Nudge Higher But Covid-19 Fears Remain

Crude oil continues to rally, boosted recently by the OPEC+ decision to keep a lid on supply, but renewed Covid-19 worries may soon temper demand.

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USD/JPY Forecast: Rising Treasury Yields Moderates Yens Recent Gains

U.S. Treasury yields have been steadily rising in 2021 which has favored Dollar strength against the safe-haven Japanese Yen. With key levels being reached on the technical side, will the JPY pull ...

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Bitcoin (BTC/USD) Bulls Bite the Bullet

Bitcoin price action fights to pursue bullish continuation

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Technical Forecast - CAC 40, IBEX 35 Levels to Watch

Find out the key levels to watch this week in the CAC and IBEX as global stocks trade with caution

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British Pound (GBP) Latest: GBP/USD Steadies After Brief Sell-off

The recovery in the US Dollar over the last few sessions is looking increasingly like a short-term corrective move as GBP and other currencies steady Tuesday, perhaps prior to a new leg higher.

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Monday, 11 January 2021

S&P 500 May Slide Lower on Fed Taper Talk Ahead of Inflation Release

The S&P 500 index could come under pressure in the near term as several members of the Federal Reserve hint that the central bank may taper its QE program by the end of 2021.

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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...