Tuesday, 30 November 2021

Omicron Impact on Markets to Wane | Sentiment Webinar

Trader confidence has been hit hard by the spread of the Omicron variant of Covid-19 but indications that its effect on people is mild should allow stocks and other vulnerable assets to recover.

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USD Buying Picks Up Prior to Omicron Scare, CAD Flips Net Short - COT Report

USD net longs boosted ahead of Omicron concerns. CAD tracking oil lower.

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Gold Price Outlook: Struggling to Break Higher Despite Renewed Risk-Off Sentiment

Gold is back below $1,800/oz. despite a renewed sell-off in risk markets as Moderna CEO warns of potential Omicron vaccine struggles.

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British Pound (GBP) Price Outlook: EUR/GBP Rally May Run Out of Steam

The past week’s rally in EUR/GBP will likely falter soon as concerns about the Omicron variant of Covid-19 recede and a reshuffle of the UK Labour Party’s shadow Cabinet is shrugged off.

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Monday, 29 November 2021

NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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Crude Oil Prices Sink as Moderna CEO Warns on Omicron Ahead of OPEC+. Where To for WTI?

Crude oil succumbed to negative headlines about the Omicron variant being resistant to vaccines. Can prices recover to prompt action from OPEC+ on Thursday?

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Gold, Iron Ore Forecast: XAU Drops With Inflation Bets, Iron Jumps on China News

Gold prices failed to recover with the broader market, as a stronger US Dollar and falling inflation expectations hurt the yellow metal. Meanwhile, iron ore jumped higher as China readies blast fur...

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AUD/USD Bounce May Extend Higher After China PMIs Impress

AUD/USD may extend its Monday bounce after China's November PMI data showed a strong improvement from the prior month. Higher iron ore prices may also boost the Australian Dollar.

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Hang Seng Hovers Near 2021 Lows as Virus Fears Continue to Linger

The Hang Seng Index fell by just under 1% as Omicron weighs heavily on market sentiment.

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S&P 500 Rallies as Biden Rules Out New Lockdowns, but Omicron Remains a Wild Card

The S&P 500 rebounds at the start of the week as a relative sense of calm returns to Wall Street, but uncertainty over the Omicron variant will keep investors on edge for the next few weeks.

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US Dollar Support Test: AUD/USD, USD/CAD Primed for Powell

The US Dollar is clawing back losses from the Omicron scare late last week. But the attention will soon shift to Jerome Powell ahead of his Congressional testimony.

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Crude Oil Update: Moderna Eyes Early 2022 for Omicron Vaccine, ‘OPEC+’ Delays Technical Meeting

Friday’s crude oil Back Friday sale during lower post-Thanksgiving liquidity looking more likely to be an overreaction amid Omicron optimism

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Euro Rise Likely Temporary, USD to Reassert Dominance But Watch for Powell Risk

Euro shorts squeezed on Covid fears, however, rise is likely temporary

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Crude Oil Trading Strategies and Tips

Crude oil is the most valuable market on Earth, and a key commodity for today's economy. But how can traders build strategy to trade crude oil?

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USD/ZAR Forecast: Friday’s Omicron Overshoot Sees Rand Open Higher

The “South African” dubbed Omicron variant, saw the rand nosedive last week as USD/ZAR hit 2021 highs, while travel bans may see the ZAR continue its descent.

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The Most Volatile Currency Pairs and How to Trade Them

Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.

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Dow, Nasdaq 100 and FTSE Open Higher, Covid Variant Fears Remain the Dominant Market Force

Despite losses overnight in Asia, Europe is opening on the front foot with decent gains across the board.

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Gold Prices Struggle Even as Markets Convulse Amid Omicron Fears

Gold prices struggled even as financial markets convulsed amid worries about the potential impact of a new, “of-concern” Omicron variant of Covid-19.

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Sunday, 28 November 2021

Euro Gains Under Threat as US Dollar Recovers From Omicron News. Where to for EUR/USD?

The Euro was weaker against the US Dollar today as the market digested the implications of Omicron and what it means for Fed tightening. Can EUR/USD recover?

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Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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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...