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S&P 500 May Eye Higher Levels on Upbeat Earnings, Stimulus Hopes
The S&P 500 index may shrug off a technical correction and aim for higher levels, buoyed by strong corporate earnings and stimulus hopes. Election and growth risks to be watched.
Mexican Peso Fundamental Forecast: Dependent on Presidential Election Outcome
USD/MXNtries to consolidate a bearish breakthrough as uncertainty grows around the US presidential election
Euro Forecast: EUR/USD Outlook Bearish as Second Wave of Covid-19 Hits Europe
For a while now, the economic damage caused by the coronavirus pandemic has been expected to be less in Europe than in the US. Now, though, that may have to be re-assessed.
Gold to Retain Inverse Relationship to USD on Dovish Fed Guidance
The price of gold may continue to exhibit an inverse relationship with the US Dollar as the Federal Reserve retains a dovish forward guidance for monetary policy.
US Dollar (DXY) Forecast – Picking Up a Bid as Stimulus Deal Hopes Fade
The US dollar continues to nudge higher as markets remain on edge ahead of the US election, while US stimulus talks seem to be going nowhere.