A steep fall in EUR/USD is on the cards if strong support at 1.16 breaks after last week’s strong hint by the ECB that it’s planning still more stimulus for the Eurozone economy in December.
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GBP/USD Weekly Forecast: US Election the Main Risk, BoE to Boost QE
USD awakens, placing GBP/USD on the backfoot, while EUR/GBP cracks 0.90.
AUD/USD Breaks September Low Ahead of RBA, Fed Rate Decisions
The future implications of the US election may influence AUD/USD following the RBA and Fed rate decisions as Congress struggles to pass another round of fiscal stimulus.
Crude Oil Volatility to Surge on FOMC Decision, US Presidential Election?
Sentiment-sensitive crude oil prices may have a volatile week ahead of the highly-anticipated US presidential election and the FOMC rate decision.
US Dollar Outlook Hinges on Presidential Election, Covid-19, FOMC
A significant rise in coronavirus infections and US presidential election jitters may buoy the haven-associated US Dollar ahead of the FOMC interest rate decision.
Markets Week Ahead: Dow Jones, US Dollar, Stimulus, GBP, Brexit, EUR, ECB, JPY, BoJ
Global market sentiment remains fragile heading into a busy week. The Dow Jones and US Dollar eye ongoing fiscal stimulus talks as the election nears. GBP/USD remains glued on Brexit negotiations. …
Markets Week Ahead: Dow Jones, US Dollar, Stimulus, GBP, Brexit, EUR, ECB, JPY, BoJ
Global market sentiment remains fragile heading into a busy week. The Dow Jones and US Dollar eye ongoing fiscal stimulus talks as the election nears. GBP/USD remains glued on Brexit negotiations. …
US Dollar Torn Between Q3 Corporate Earnings, US GDP Data, Virus Spike
The US Dollar may seesaw as investors navigate what could be a volatile week packed with US GDP data, rising Covid-19 cases, Q3 corporate earnings and more.
Sterling Weekly Forecast – Brexit Talks Continue, Is the End Game Near?
Talks between the EU and UK restarted today and will continue over the weekend as negotiators from both sides battle against the clock.
Gold Forecast: XAU/USD at the Mercy of a Fiscal Stimulus Deal
Gold prices lack broader direction as the precious metal trends sideways amid conflicting fundamental signals largely due to swings in real yields around fiscal stimulus negations.