Commodities

Canadian Dollar Forecast: Hawkish BoC, Vaccine Divergence To Underpin CAD

The Canadian Dollar may extend gains against the Euro and Japanese Yen on the back of resilient oil prices, a hawkish sh... Read more

Euro Price Outlook: Delayed Ratification Of Recovery Fund To Weigh On EUR

The delayed ratification of the EU recovery fund, and increased pace of bond-buying by the European Central Bank, may le... Read more

Dow Jones, Nasdaq 100 Hampered By Tax-Hike Talks, Archegos Block Sales

The forced liquidation of billions of dollars’ worth of US shares, and talk of tax hikes from the Biden administration... Read more

Canadian Dollar Forecast: US Inflation Data To Trigger USD/CAD Downtrend?

The Canadian Dollar may resume its period of dominance against the US Dollar in the near term on the back of the BoC’s... Read more

Bitcoin Blindsided By Ban Warning From Dalio, BTC Near Key Support

BTC posed an aggressive pullback after Ray Dalio mentioned the elephant in the room. But Bitcoin bulls are nearing a big... Read more

Dow Jones, Russell 2000 Probing Key Support As Reopening Trade Unwinds

The unwinding of the reopening trade in the face of a wave of fresh lockdowns and rising cases in Europe has weighed on ... Read more

US Dollar To Four-Month-Highs: EUR/USD, USD/CAD

The US Dollar has set a fresh four-month-high, even with rates softening as the Fed has sought to soothe some nerves ove... Read more

US Dollar (DXY) Price Forecast: Demand For Havens To Fuel USD Rebound

The tightening of coronavirus restrictions in several European nations has notably soured market sentiment in recent day... Read more

Crude Oil Price Forecast: CL Snaps Back - Pullback Or Reversal?

Crude oil prices have snapped back and taken out a big level of support along the way. Is a bigger reversal brewing in o... Read more

Euro Price Outlook: EUR/USD Holds Range Amid Covid-19 Third Wave Fears

The recent resilience of the EUR/USD exchange rate may begin to fade in the face of renewed lockdown measures in Germany... Read more

Bitcoin (BTC/USD) Backs Down, Ethereum (ETH/USD) Sets Range

Crypto currencies are on their back foot, with Ethereum sticking to what's been a consistent range as Bitcoin bulls take... Read more

British Pound Forecast: Covid-19 Suppression Buoying GBP/USD, GBP/JPY

The rapid distribution of coronavirus vaccines, falling infection rates, and a cautiously optimistic Bank of England may... Read more

Canadian Dollar Outlook: USD/CAD Rebound Dicated By Retail Sales Data

Tumbling crude oil prices and a rebounding US Dollar could ignite a short-term recovery in USD/CAD rates. However, bette... Read more

Gold Price Forecast: XAU Grasps For Long-Term Fibonacci Support

Gold prices have been down since August but are not yet out, as Gold price action is clinging to the 38.2 retracement of... Read more

British Pound Price Forecast: Optimistic BoE To Buoy GBP/USD, GBP/JPY

A cautiously optimistic outlook from the Bank of England will probably pave the way for the British Pound to extend its ... Read more