Australian Dollar May Fall as Global Growth Fears Fester
The Australian Dollar has been trading as a barometer of the markets’ recession fears. It may fall in the week ahead as worries about global growth continue to fester.
Read More »Japanese Yen May Fall on GSA Joe Biden Transition, GBP/USD Eyes Resistance
The Japanese Yen may fall after S&P 500 futures rose on the GSA saying it is ready to work with Joe Biden on the transition process. GBP/USD is eyeing resistance…
Read More »Japanese Yen Outlook: USD/JPY May Fall to Support as Covid Boosts Haven Bets
Despite the continuing surge in Covid cases and a worse than expected U.S. jobless claims report, Wall Street ended the day higher. USD/JPY reversed an intraday move higher, looking to…
Read More »Australian Dollar, AUD/USD May Fall as Jobs Data Underscores Dovish RBA
The Australian Dollar may extend losses after rising unemployment underscored an increasingly dovish RBA, opening the door to AUD/USD resuming August’s top on bearish technical cues.
Read More »British Pound May Fall on Virus-Hit GDP Data, Brexit Stalemate
The British Pound may come under fire as uncertainty about Brexit continues to curb GBP’s enthusiasm ahead of the release of preliminary, Q2 UK GDP data.
Read More »JPY May Fall if PMI Data in Key Supply Chain Economies Brightens Outlook
The Japanese Yen may fall if PMI data out of key Asian supply chain economies points to regional stabilization despite a rising number of Covid-19 cases across the world.
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