Forex Finance Tips

Source: IG Charts S&P 500, FTSE 100, Nikkei 225 Price Outlooks: The S&P 500 will track the likelihood of the proposed infrastructure package The FTSE 100 should take its cues from broader risk trends and BOE bond purchases The Nikkei 225 will look to the depth of bond-buying from the Bank of Japan S&P 500 Forecast Outlook: Neutral Global equities

» Read more

Source: IG Charts Fundamental Euro Forecast: Neutral Several EU countries hardest hit by Covid-19, including France, Italy and Spain, are calling for the issue of debt guaranteed by the Eurozone nations as a whole to raise funds to tackle the economic impact of the coronavirus pandemic. More fiscally–conservative nations, including Germany and the Netherlands, oppose the launch of these so-called

» Read more

USD/MXN FORECAST: US DOLLAR TO MEXICAN PESO PRICE STRONG-ARMED HIGHER DESPITE OIL REBOUND USD/MXN jumped 5% last week to trade within reach of all-time highs Spot USD/MXN price action climbed despite a rebound in crude oil The US Dollar has potential to extend its advance against the Mexican Peso and notch a fresh record close The US Dollar churned steadily

» Read more

GOLD PRICE OUTLOOK: BEARISH Gold prices may suffer if FOMC minutes spark risk aversion, concerns about liquidity XAU/USD could face additional selling pressure if employment data sours sentiment Ballooning credit risks from distressed corporate debt markets may cap gold’s gains Gold Prices May Fall on FOMC Minutes Gold prices could suffer after the minutes from the Federal Reserve’s emergency meeting

» Read more

US DOLLAR PRICE FORECAST: BULLISH US Dollar driven by cash demand amid global recession worries New Fed FIMA repo scheme unlikely to revive economic growth FOMC minutes, US CPI and consumer confidence reports due US Dollar price action has been animated by a single theme in recent weeks. A rapid contraction in global economic growth amid nearly worldwide lockdown to

» Read more

S&P 500 PRICE OUTLOOK – STOCK MARKET RECOVERY STYMIED BY DISMAL JOBS REPORT, VIX INDEX DOWN BUT EXTREME FEAR LINGERS S&P 500 dropped by 2% this past week on the back of accelerating jobless claims and rising unemployment Investors overlooked recent FOMC liquidity and fiscal stimulus efforts as deepening coronavirus recession risk steered the stock market lower The VIX Index

» Read more

Fundamental Australian Dollar Forecast: Bearish Markets have moved in the past week to price in a rate cut on Tuesday That would take the Official Cash Rate to zero It’s hard to see the Aussie gaining if that happens The Australian Dollar’s trading week will of course be dominated like that of all other assets by the coronavirus’ spread, but

» Read more