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Gold Price Forecast: XAU/USD Jumps to Monthly High, Aims Higher 2020-12-17 21:00:00 Peter Hanks, Strategist Gold Price Outlook: Gold jumped to a 4-week high just beneath $1,900 after the December FOMC rate decision A reiteration of the Fed’s intention to allow inflation greater than 2% has likely fueled recent gains Nearby resistance rests near the $1,920 mark which, if broken, could open the door to a continuation higher Advertisement Gold Price Forecast: XAU/USD Jumps to Monthly High, Aims Higher Gold has regained its luster in December, charging from $1,765 to the $1,880 area. The metal enjoyed its most recent extension higher after recent Fed commentary bolstered the precious metal’s outlook. With the Federal Reserve likely to maintain its accommodative policyand Congress trending toward another stimulus package, US Dollar weakness and a rise in i ....
Dow Jones, Nasdaq 100, S&P 500 Forecasts After The Fed And Into 2021 dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
Canadian Dollar Forecast: USD/CAD Breaks Down. Will it Fall Further? 2020-12-15 21:05:00 Peter Hanks, Strategist USD/CAD Price Forecast: USD/CAD slipped to a fresh yearly low Tuesday despite jawboning from the Bank of Canada Governor Recent losses have extended the pair’s significant decline since March and left USD/CAD on a steep downward trajectory With jawboning from BOC Governor Macklem and an upcoming FOMC rate decision, USD/CAD could undergo significant volatility Advertisement Canadian Dollar Forecast: USD/CAD Breaks Down. Will it Fall Further? USD/CAD broke lower Tuesday, falling to levels not seen since April 2018. Recent losses have seen the pair extend its sharp decline since late November and its broader weakening since March. Widespread USD weakness and modest Canadian Dollar strength have combined to create a longer-term downtrend for t ....
Dow Jones, Nasdaq 100, DAX 30, FTSE 100 Forecasts for the Week Ahead dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
European indies have entered consolidation mode after surging higher in November. After treading water for days, the DAX 30 and CAC 40 appear slightly vulnerable but the bullish trend remains intact. ....