US Dollar Outlook: DXY Eyeing Yearly Lows on Biden Fiscal Stimulus Bets

Accommodative monetary policy conditions and the prospect of additional deficit spending under a Biden administration may continue to undermine the US Dollar in the coming weeks.

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Gold and Crude Oil Prices Watching the US Dollar as the Weekend Nears

Gold and crude oil prices may be at risk as the US Dollar trades higher into the weekend. Ahead, WTI is eyeing a delayed EIA inventory report as XAU/USD watches out for key PMI data.

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S&P 500 Hovers at Record High, Hang Seng and Nikkei 225 Eye Pullback

Asia-Pacific equities opened slightly lower despite Wall Street stocks hovering near their record highs. The Hang Seng Index faces a chart resistance at 30,000 as southbound inflow fell for a third...

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New Zealand Dollar Outlook: Kiwi Aided as CPI Tempers RBNZ Rate Cut Bets

Friday's Asia-Pacific trading session may see the risk-on mood sour following a lull in Wall Street optimism. The New Zealand Dollar is on the move higher as improved inflation data tempers further...

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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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Dow Jones Forecast: Three Dow Stocks to Watch in the Week Ahead

Earnings season is underway and some of the market’s largest and most influential corporations will step up to the plate to report their quarterly results next week. Here are three of the most impo...

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Oil Price Outlook Supported by Forecasts for Lower US Crude Inventory

Fresh data prints coming out of the US may influence the price of oil as crude inventories are projected to contract for the sixth consecutive week.

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Central Bank Watch: BOC & ECB Interest Rate Expectations Update

Both the Bank of Canada and European Central Bank met in recent days, setting the tone for 2021.

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USD/CAD Post-BoC Weakness Persists with RSI Threatening Upward Trend

USD/CAD trades to fresh monthly lows following the BoC rate decision, with the RSI threatening the upward trend established earlier this month.

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USD/ZAR Outlook: Rand Resilient as SARB Leaves Rates Unchanged

With interest rates remaining at 3.5%, will the Rand remain attractive to yield seeking investors and prolong its bull run in 2021?

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Euro Price Action: ECB Maintains Policy, Euro Remains at Daily Highs

As widely expected, the ECB left its monetary policy unchanged. Euro remains at daily highs

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Gold Price Rallies Into Resistance, Fuelled by US Dollar Weakness

Gold has rallied into a cluster of moving average resistance and this is likely to test the recent strength of the precious metal

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BTC/USD Price Forecast: Symmetrical Triangle Points to a Build in Momentum

Bitcoin struggles to push above key resistance as price consolidation continues

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British Pound (GBP) Latest: GBP/USD to Top 1.38 if Resistance Breaks

GBP/USD continues to struggle to make a sustained break above resistance just over 1.37 but, if it does, there is little further resistance before 1.38.

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EUR/USD Hovering Above Support as ECB Rate Decision Shifts into View

EUR/USD rates may gain ground in the coming days if the European Central Bank opts to keep its monetary policy setting steady at its upcoming meeting.

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Natural Gas Outlook: US Prices Sink Despite Global Supply Disruptions

Natural gas is moving lower after weather models pointed to warmer-than-average temperatures across much of the US.

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Precious Metals Analysis: Gold and Silver Buoyant as Real Yields Fall

Gold and silver prices may continue to rise in the coming months on the back of falling real rates of return and the prospect of additional fiscal support under a Biden administration.

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Nasdaq Hits Record High as Biden Takes Office, Hang Seng Eyes 30,000

Wall Street saw a tech-led rally that sent both the Nasdaq 100 and S&P 500 to record highs on strong earnings and President Biden’s agenda. The Hang Seng Index aims to break 30,000 to a fresh 20-mo...

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Australian Dollar Forecast: Jobs Report Fails to Inspire AUD/USD

The Australian Dollar rose against the Greenback as Wall Street pushed into fresh record highs. Meanwhile, AUD/USD is seeing a rather muted reaction to Australia's December employment report.

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Gold Price Forecast: XAU/USD Recovers but is the Rally to be Believed?

Gold has enjoyed a relief rally in recent sessions as it looks to recoup losses suffered earlier in January. Still, the precious metal is down considerably for the month and the recovery might be l...

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