Central Bank Watch: BOC, RBA, RBNZ Rate Expectations; CAD, AUD, NZD Positioning Update
All three of the commodity currency central banks – the BOC, RBA, and RBNZ – have seen dovish rate cut expectations scaled back significantly in recent weeks.…
Forex Daily News
20th November 2020
DAX Price Outlook: Bullish Pennant May Provide Added Boost
The bullish pennant formation could lead to a bullish continuation if confirmed.…
USDMXN Outlook – Staring at a Fresh Multi-Month Low on Renewed US Dollar Weakness
USDMXN is eyeing a break below 20.00 for the first time since early-March as emerging market currencies continue to nudge higher on growing vaccine optimism.…
19th November 2020
USD/CHF loses steam after rejection at 0.9130 resistance
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GBP/USD under pressure but recovers to test 1.3250
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USD/TRY: Breach of the 7.40 level will strengthen the downside bias – Rabobank
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Gold Price Analysis: XAU/USD ticks up to $1,860 after testing $1,850 support
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US Initial Jobless Claims: Markets take rising claims in stride for now
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