DailyFX - Feeds all

DailyFX - Feeds all

USD/CAD Rate Trades to Fresh Yearly Low as RSI Tracks Downward Trend

Posted: 02 Dec 2020 07:00 AM PST

Key market trends may keep USD/CAD under pressure as the RSI continues to track the downward trend established in November.

Sterling (GBP) Hit Further as EU Hardline Countries Push for a No Deal

Posted: 02 Dec 2020 04:59 AM PST

Sterling is taking a secondary hit Wednesday after reports emerged that France and other hardline countries are pushing for a no-deal if the UK refuses to move its negotiating position

S&P 500 Outlook: Topside Challenges and Downside Risks

Posted: 02 Dec 2020 04:00 AM PST

Following the strongest monthly performance since April, the S&P 500 has gotten off to a strong start to December

DAX 30 Consolidation Threatened as EUR/USD Strengthens

Posted: 02 Dec 2020 02:30 AM PST

Dollar weakness continues to push EUR/USD higher and European equities could start to feel threatened

Gold (XAUUSD) Price Rebound May be Short-Lived as Resistance Lies Ahead

Posted: 02 Dec 2020 01:35 AM PST

Gold continues to claw back some of last week's heavy losses but nears an area of technical resistance that may be difficult to breach in the short-term.

British Pound (GBP) Latest: GBP/USD Gains Reversed on Trade Talk Pessimism

Posted: 02 Dec 2020 01:00 AM PST

Signs that the talks between the EU and the UK on their post-Brexit relationship are faltering are knocking back GBP/USD, which is reversing some of its recent gains.

US Dollar Price Outlook: DXY May Extend Fall on Renewed Fiscal Aid Hopes

Posted: 02 Dec 2020 12:00 AM PST

The US Dollar Index (DXY) looks set to extend its slide to yearly lows on the back of renewed fiscal stimulus hopes and dovish rhetoric from several members of the Federal Reserve.

Crude Oil Prices Eye Deeper Pullback on OPEC+ Doubts, Rising Stockpiles

Posted: 01 Dec 2020 11:00 PM PST

Crude oil prices retraced further from recent highs as traders unwind expectations for an OPEC+ resolution to rein output. The American Petroleum Institute (API) reported a large build in crude inv...

How AUD & NZD Exchange Rates Are Impacted by China’s Economy

Posted: 01 Dec 2020 10:00 PM PST

S&P 500 Hits Record High on Stimulus Hopes, Straits Times Index May Rise

Posted: 01 Dec 2020 06:00 PM PST

Asia-Pacific stocks are poised to trade higher following strong US leads overnight. Renewed US stimulus hopes and prospects for herd immunity by summer next year buoyed risk appetite.

Australian Dollar Forecast: AUD/USD Whipsaws on Upbeat AU GDP Print

Posted: 01 Dec 2020 05:30 PM PST

The Australian Dollar is receiving a small boost following a better than expected Q3 GDP print, but upward price pressure is fading fast. On a quarterly basis, the Australian economy grew at 3.3% s...

Silver Boosted on Renewed Stimulus Hopes, Equities Focus on AU GDP Next

Posted: 01 Dec 2020 04:00 PM PST

December trading kicked off with the US Dollar breaching a new two-year low on renewed stimulus hopes. In turn, silver prices received a huge boost on stimulus-linked inflation outlooks.

Winners in FX Markets After US Presidential Election: CAD & MXN

Posted: 01 Dec 2020 02:45 PM PST

Both USD/CAD and USD/MXN rates showed significant weakness in the immediate reaction to the US presidential election results.

Dow Jones Forecast for the Week Ahead

Posted: 01 Dec 2020 01:15 PM PST

The Dow Jones enjoyed an almost parabolic climb in November which has since transitioned into a pattern of consolidation. With a largely constant fundamental landscape, technical levels might offer...

AUD/USD Rate Fails to Test of 2020 High Ahead of Australia GDP Report

Posted: 01 Dec 2020 12:00 PM PST

AUD/USD may trade within a defined range over the coming days as Australia's GDP report is expected to confirm the first recession in nearly 30 years.

US Dollar Breaches Big Support, Builds Evening Star on M1

Posted: 01 Dec 2020 11:30 AM PST

It's been a brutal stretch for the Greenback since the Election last month. But there may be darker days ahead for USD bulls.

Euro Rate Forecast: Bullish Breakouts Abound - Levels for EUR/CHF, EUR/JPY, EUR/USD

Posted: 01 Dec 2020 08:51 AM PST

A new month brings new fortunes. The Euro is starting off December on strong footing.

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

Posted: 01 Dec 2020 08:30 AM PST

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