Market Outlook – Page 78

British Pound Forecast: Covid-19 Suppression Buoying GBP/USD, GBP/JPY

The rapid distribution of coronavirus vaccines, falling infection rates, and a cautiously optimistic Bank of England may pave the way for the British Pound to extend gains against its major counter…

Japanese Yen Forecast: USD/JPY May See Volatility After BOJ, Fed Decisions

USD/JPY may see volatility as a bullish technical signal appears following last week’s monetary policy announcements from the Bank of Japan and the Federal Reserve.

Canadian Dollar Outlook: USD/CAD Rebound Dicated by Retail Sales Data

Tumbling crude oil prices and a rebounding US Dollar could ignite a short-term recovery in USD/CAD rates. However, better-than-expected retail sales data could underpin the Loonie against its US co…

Nasdaq 100 Index Sinks on Treasury Volatility. AUD Retail Sales, BOJ in Focus

The Nasdaq 100 Index sank as Treasury market volatility reignited. Friday’s Asia-Pacific session has Australian retail sales and the Bank of Japan’s rate decision in focus.

Gold Price Forecast: XAU Grasps for Long-Term Fibonacci Support

Gold prices have been down since August but are not yet out, as Gold price action is clinging to the 38.2 retracement of the 2018-2020 major move.

British Pound Price Forecast: Optimistic BoE to Buoy GBP/USD, GBP/JPY

A cautiously optimistic outlook from the Bank of England will probably pave the way for the British Pound to extend its climb higher against the US Dollar and Japanese Yen.

New Zealand Dollar Outlook: NZD/USD Looks Past GDP Miss as FOMC Induces Greenback Weakness

The New Zealand Dollar is gaining against the Greenback after a dovish Federal Reserve sank the US Dollar, allowing NZD/USD to largely ignore New Zealand’s Q4 GDP miss.

US Dollar Forecast: FOMC Summary of Economic Projections to Dictate USD

The US Dollar’s near-term trajectory will ultimately depend on whether the Federal Reserve steps-in to cap long-term rates, holds its monetary policy levers steady or hints at earlier-than-expected…

New Zealand Dollar Outlook: NZD/USD May Rise Ahead of FOMC, New Zealand GDP

Asia-Pacific markets may see neutral movement as investors prepare for tomorrow’s binary high-impact events, with the US Federal Reserve and New Zealand GDP data on tap.

Euro Forecast: EUR/USD Resilient Despite Vaccine Setback, Dovish ECB

The Euro has remained resilient in the face of worrisome news on the vaccine front and the dovish stance of the ECB, which suggests that EUR/USD rates could extend recent gains.

Company

Account

Platforms

Capital Management