BoC expected to maintain current policy despite some suggestions of a micro-cut.
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Tuesday, 19 January 2021
USD/ZAR Outlook: Rand Soldiers on Inspired by Waning U.S. Dollar
After a strong week for the Rand, upcoming economic announcements may result in further price volatility around the USD/ZAR pair
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EUR/USD Moving Higher on Better-than-Expected ZEW and US Dollar Weakness
EUR/USD is back above 1.2120 today and is starting to reverse its recent decline as markets wait for Janet Yellen’s confirmation speech
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EUR/USD Moving Higher on Better-than-Expected PMIs and US Dollar Weakness
EUR/USD is back above 1.2120 today and is starting to reverse its recent decline as markets wait for Janet Yellen’s confirmation speech
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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.
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FTSE 100 Forecast: Vulnerable Below 6,800 Despite Ascending Channel
The UK warns of a possible spike in cases as vaccine rollout gets fully underway
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Monday, 18 January 2021
British Pound Outlook: GBP May Rise as Covid-19 Cases Begin to Fall
The British Pound could gain ground against the haven-associated Japanese Yen and US Dollar as the number of daily coronavirus cases notably slides lower.
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Silver Price Outlook: XAG/USD Rises Ahead of Yellen Testimony, More to Go?
Silver prices are climbing ahead of Treasury Secretary nominee Janet Yellen's Senate confirmation on Tuesday as US Dollar strength appears to be waning.
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Dow, Nasdaq, S&P 500 Outlook: Earnings May Bring Positive Surprises
The Dow Jones, Nasdaq 100 and S&P 500 stock indexes may find fresh catalysts as the release of Q4 US corporate earnings set the tone for what has been a record-scrapping rally.
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S&P 500, ASX 200, Nikkei 225 Rise on Weaker USD, Yellen's Testimony in Focus
S&P 500 futures are climbing alongside the Nikkei 225 and ASX 200 indices on Tuesday, setting a positive tone for Asia-Pacific trade. The US Dollar weakened ahead of Treasury secretary nominee Jane...
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Australian Dollar Outlook: AUD/USD Breaks 20-Day SMA, Chinese FDI in Focus
AUD/USD may rise on Chinese foreign direct investment data set to cross the wires on Tuesday despite an underwhelming reaction to Chinese Q4 GDP.
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Canadian Dollar (USD/CAD) Price Forecast: Loonie gives back gains ahead of BoC Decision
USD/CAD Tests resistance ahead of interest rate decision
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AUD/JPY Price Forecast: Bearish Engulfing Pauses Bullish Advance
The Aussie dollar appreciated significantly vs the Yen in the latter stages of 2020 but the formation of a bearish engulfing has put an end to that, perhaps just for now
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Markets Week Ahead: Russell 2000, S&P 500, Gold, USD, Biden Stimulus, Earnings, ECB
The S&P 500 declined as the Russell 2000 soared as markets digested Joe Biden’s fiscal package. Gold prices sank as the US Dollar shined. The week ahead is fairly busy, with bank and tech earnings,...
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USD/INR Forecast: Indian Rupee Recovers After Last Weeks Dismal Data
The Indian Rupee may be projected for a strong 2021 but will global economic recoveries and vaccine success unfold as expected?
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How to Manage the Emotions of Trading
Controlling emotions while trading can prove to be the difference between success and failure.
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EUR/USD Price Outlook - Sitting on Multi-Week Support Ahead of Busy Data and Events Week
EUR/USD is respecting multi-week support for now but a packed week of important data and events could see this level tested again
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DAX 30 Slips Further on Continued Virus Concerns
Germany prepares for tougher restrictions as the rapid spread of coronavirus continues
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British Pound (GBP) Latest: GBP/USD Carving Out a Short-Term Top?
GBP/USD edging lower as US Dollar reversal persists. Thin liquidity exacerbates downside. FTSE 100 slips
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Sunday, 17 January 2021
Canadian Dollar Outlook: USD/CAD Rebound May Continue Ahead of BoC
The Canadian Dollar could come under pressure ahead of the Bank of Canada’s upcoming monetary policy meeting as tightening restrictions fail to suppress the outbreak of local coronavirus infections.
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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...
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The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
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AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...