Tuesday, 23 February 2021

Euro, Dollar, & Pound Lead the Charge Against the Swiss Franc

Major G10 currencies broke out against the Swiss Franc, even as Fed Chair Jerome Powell's testimony put the US Dollar under further pressure.

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US Dollar Outlook: NZD/USD Volatility Spikes Ahead of RBNZ

The US Dollar traded mixed on Tuesday as bulls attempt to defend a critical support level on the broader DXY Index. NZD/USD price volatility looks primed to accelerate with the RBNZ rate decision due.

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British Pound Price Forecast: Will Resistance Stop the GBP/USD Rally?

GBP/USD has extended higher this week, adding to weeks of gains as it surges toward longstanding resistance from 2018. Will resistance spark a reversal lower in GBP/USD?

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Nasdaq 100 Suffers Breakdown as Dow Jones Treads Water - Stock Market Forecast

The recent rotation from growth to value stocks may be set to continue after the Nasdaq 100 suffered a significant technical breakdown while the Dow trades near record levels.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update

Fed Chair Powell isn’t the only Fed official in the news. But the message has been resoundingly clear: the Fed isn’t raising rates anytime soon.

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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How to Trade Forex News: An Introduction  

Find out the essentials of trading the news with this introductory guide to forex news trading

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Euro Forecast: EUR/JPY, EUR/USD Remain Poised for Gains; EUR/GBP Eyes March 2020 Low

Each major EUR-cross has its own story to tell.

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US Dollar Tests Key Support: EUR/USD, GBP/USD, AUD/JPY

The US Dollar is dangling on the cliff of a potentially large break down. But can USD bears do the pushing required?

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Nasdaq, S&P 500 Recover as Powell Testimony Echoes Dovish Fed

Stocks are still trading in the red so far today, but the Nasdaq is bouncing back with the S&P 500 thanks to reassuring comments from Fed Chair Powell during his semi-annual congressional testimony.

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February Consumer Confidence Beats Expectations, US Dollar Weaker

The Consumer Confidence Index edged higher for the month of February, hitting its highest level since November. As the economic recovery continues and the reflation trade takes hold, rising yields ...

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USD/CAD Rate Remains Vulnerable Following Break Below January Low

The recent rebound in USD/CAD appears to have been a correction in the broader trend rather than a change in behavior as the exchange rate trades to fresh 2021 lows.

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Where Next for Nasdaq, Bitcoin, Other Assets? – Market Sentiment Webinar

Trader confidence in the assets that have risen sharply in recent weeks has dissipated, but the current downturn could be a healthy correction prior to a resumption of the previous advance.

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S&P 500 Breaks Down Support, Will Fed's Powell Address Bond Sell Off?

Tactical weakness in US equities as markets follow seasonal pattern. Eyes on Chair Powell

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South African Rand Outlook: Unemployment Rises Ahead of Budget Speech

Fundamental drivers from both the U.S. and South Africa will be in focus this week as the USD/ZAR pair is in for increased price volatility.

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Bitcoin (BTC/USD), Ethereum (ETH/USD) Crushed as Cryptocurrency Market is Overrun by Sellers

The cryptocurrency market has been experiencing wild price swings over the last two days with sellers in complete control as prices slump across the board

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FTSE 100, FTSE 250 Outlook Improves After UK Unemployment Data and Roadmap

London-listed shares are stabilizing and could move higher after news that the UK unemployment claimant count fell by 20,000 in January rather than rising as analysts had expected.

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Monday, 22 February 2021

British Pound Forecast: Reopening Plan Capping EUR/GBP, Buoying GBP/USD

The British Pound may continue to outperform the Euro and US Dollar on the back of Prime Minister Boris Johnson’s reopening plan and the marked divergence in vaccination rates between the three reg...

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US Dollar Forecast: Gaining Ground as ASEAN Weaken, Eyes on Fed Chair Powell

The US Dollar gained against most ASEAN currencies this past week, such as the Indonesian Rupiah and Philippine Peso. Will this continue? Eyes are on Fed Chair Jerome Powell.

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Copper, Crude Oil Prices Surge. Eyes on Fed Chair Jerome Powell for Next Moves

Copper and crude oil prices are attempting to extend aggressive gains alongside global growth bets. Will Fed Chair Jerome Powell derail their trajectories in the coming days?

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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...