Gold prices may extend their rally if the FOMC rate decision and outlook reinforces the narrative of economic stabilization in tandem with progress on another coronavirus relief bill.

Having broken above the 1.15 level, EUR/USD is well placed to challenge the 1.1621 high reached in October 2018. However, a pullback is possible first after the pair’s recent strong gains.

The Nasdaq stock index may face a meaningful pullback in the weeks to come as investors eye profit-taking after a historic 41% rally in the three month through June 2020.

The Japanese Yen is ending the week on a very positive note against the US dollar, and trades below USD/JPY 106 in holiday-thinned conditions.

The major equity markets will look to another string of high profile earnings reports in the week ahead as other tech members throw their hat in the ring following a rough start to the season.

The US Dollar fell as the S&P 500 and Dow Jones climbed despite rising coronavirus cases in the US. With earnings season in full swing, all eyes turn this week to Microsoft after dismal figures fro…

The US Dollar fell as the S&P 500 and Dow Jones climbed despite rising coronavirus cases in the US. With earnings season in full swing, all eyes turn this week to Microsoft after dismal figures fro…

The major equity markets will look to another string of high profile earnings reports in the week ahead as other tech members throw their hat in the ring following a rough start to the season.

The week ahead is looking quieter but positive for EUR/USD and the Euro crosses after a busy few days that included both Thursday’s ECB meeting and the weekend EU Summit.

Gold prices are on course for a 6th consecutive weekly gain, the first time in over a year.