Markets

If the downside momentum continues to build then look for the selling to extend into 1.1691 to 1.1688. The Euro is trading sharply lower against the U.S. Dollar on prospects of a national coronavirus lockdown in France, with implied volatility gauges in the common currency…

The direction of the AUD/USD the rest of the session on Wednesday is likely to be determined by trader reaction to the 50% level at .7132. The Australian Dollar is trading mixed to slightly better on Wednesday after soft Australian inflation figures supported expectations of…

The SNP500 (SPX500) is extremely bearish. As the US election day grows near we can see indices dropping without any hesitation. JPY is strengtening. When the JPY goes up, Equities drop and that has been the historical correlation. At this point we can see 2…

Japanese Prime Minister Suga will announce next week a plan for fresh stimulus to help the recession-stricken economy shake off the COVID-19 crisis. The Dollar/Yen is down sharply for a second-session and the U.S. Dollar is rising against a basket of major currencies. The stock…

A quiet economic calendar leaves COVID-19 and U.S politics in focus. Later in the day, the Bank of Canada is in action, however… Earlier in the Day: It’s was a relatively busy start to the week on the economic calendar this morning. The Aussie Dollar…

The direction of the EUR/USD on Tuesday is likely to be determined by trader reaction to the short-term 50% level at 1.1811. The Euro is edging higher against the U.S. Dollar on Tuesday despite rising worries about a second wave of COVID-19 infections, as investors…

Despite the choppy trade, which is probably tied to the November contract expiration, we remain bullish going into the winter heating season. Natural gas futures are edging lower on Tuesday on low volume as traders prepare for Wednesday’s expiration of the November Nymex futures contract…

It’s a relatively busy day ahead. Economic data from the U.S, COVID-19 updates, and U.S politics are the key drivers on the day. Earlier in the Day: It’s was a busier start to the week on the economic calendar this morning. The Kiwi Dollar was…

The Pound holds onto $1.30 levels as Brexit talks continue. Hopes are of compromise as October comes rapidly to an end. The Latest News wires from the weekend and the early part of the week have put a different spin on Brexit. This time around,…

Just like they behaved in March when the pandemic began, companies deemed stay-at-home winners including Amazon.com Inc rose, bucking the downtrend. The major U.S. stock indexes nosedived on Monday on light volume, with the benchmark S&P 500 Index posting its biggest daily decline in four…