AUD/USD Selloff May Deepen With Stalemate on Fiscal Talks. Biden Leads
AUD/USD may decline as it tests key support amid swelling risk aversion from bipartisan intransigence over fiscal stimulus and a spike in Covid-19 cases.
Read More »Gold Prices Wilt as Virus Spike Spurs Haven Demand. Biden Leading in Polls
Gold prices may continue to slip if concern about rising Covid-19 cases pushes the haven-linked USD higher amid waning recovery prospects. Biden continues to lead in the polls.
Read More »Gold Price Uptrend at Risk Ahead of Third Presidential Debate?
Gold prices may rise if the final presidential debates reinforces Mr. Biden’s lead in the polls and softens demand for the haven-linked US Dollar.
Read More »USD/JPY drops toward 105.00 as Trump, Biden answer questions
USD/JPY bounces off 105.28 to 105.35, following the early-day downbeat move to 105.32, amid the initial hour of Tokyo open on Friday. The pair recentl
Read More »Goldman Sachs scenario on a ‘blue wave’ election win – mixed implications for equities
‘Blue wave’ of course refers to a Biden win and the Senate changing hands. Our market views remain broadly procyclical, consistent with our above-consensus global growth forecast. While a blue wave…
Read More »EUR/USD Breaking Down, TikTok Ban Averted. Biden Leads Trump in Polls
EUR/USD selloff may accelerate as the pair break key support. TikTok ban was averted but Sino-US tech tension lingers as the Biden-Trump spreads widens.
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