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?
Canadian Dollar Price Forecast: USD/CAD, CAD/JPY, EUR/CAD
The Canadian Dollar is running strong today, setting a fresh two-year-high against the US Dollar as USD/CAD pushes towards 1.2500.
Silver Price Forecast: XAG Settles, Can Bulls Force a SLV Breakout?
Silver kicked off February with a fresh seven-year-high but quickly retreated after touching above the 30 level. Can buyers force a sustainable break?
British Pound Technical Analysis: GBP/USD Pullback Grinds Support
The British Pound has been consistently strong so far in 2021 trade, but last week brought a pullback. Can buyers continue the trend?
FTSE 100 Forecast: Possible Rollback of Restrictions Buoying UK Stocks
The UK’s benchmark FTSE 100 index looks set to extend recent gains as the marked decline in Covid-19 cases, and rapid delivery of inoculations, fuels restriction easing bets.
Canadian Dollar Outlook: Inflation Data to Dictate USD/CAD, CAD/JPY
Canadian inflation figures for January may dictate the near-term trajectory of USD/CAD and CAD/JPY rates, as surging oil prices put a premium on the commodity-sensitive Loonie.
Euro at Risk Ahead of ECB Minutes as Traders Assess Treasury Yields
The Euro may be at risk ahead of the ECB meeting minutes. Market mood is cautiously pessimistic heading into European hours as investors assess rising longer-term Treasury rates.
Dow Jones, Nasdaq 100 Forecast: Fading Momentum Could Trigger Pullback
The notable steepening of the yield curve may trigger a short-term pullback for the Dow Jones and Nasdaq 100, despite the Federal Reserve reiterating its dovish stance.
Euro Price Forecast: Stimulus Progress, Inflation Data to Buoy EUR/USD
US fiscal stimulus progress, Federal Reserve Chair Powell’s congressional testimony and positive inflation data may open the door for EUR/USD to extend its recent rebound.
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…