EUR/USD Rate Outlook Hinges on US Fiscal Stimulus, ECB Rate Decision

EUR/USD may stage a larger recovery over the coming days as the ECB appears to be on track to retain the current policy at the next interest rate decision on October 29.
Source: News FX

British Pound Under Pressure as Brexit Talks Beleaguer UK & EU Officials

The British Pound may fall if EU and UK negotiators fail to reach a consensus as the December 31 deadline nears. The third presidential debate is on deck, how might markets react?
Source: News FX

New Zealand Dollar Outlook: NZD/USD, NZD/JPY Hinge on Inflation Data

Upcoming Q3 inflation data will likely determine the near-term outlook for the New Zealand Dollar as the RBNZ continues to flag the implementation of negative rates.
Source: News FX

Dow Jones Sinks, Hang Seng May Follow. ASX 200 Could Rise on Dovish RBA

The Dow Jones plunged alongside pre-election fiscal stimulus hopes, will the Hang Seng Index follow Wall Street lower? The ASX 200 may rejoice on more dovish rhetoric from the RBA.
Source: News FX

USD/CAD Rebound Sputters Ahead of Looming Vote on US Fiscal Stimulus

Fresh developments coming out of the US may influence USD/CAD as Congress prepares to vote on another round of fiscal stimulus.
Source: News FX

AUD/USD Downtrend to Accelerate? Election Betting Odds Defying Polls

AUD/USD may face heightened liquidation pressure as support and descending resistance converge. Polling data shows Biden in the lead, but betting odds are telling a different story.
Source: News FX

USD Price Outlook: US Dollar Mired by Fiscal Stimulus Deadline

US Dollar outlook continues to hinge predominantly on whether or not House Democrats and Senate Republicans can set aside their differences to agree on a stimulus package before the election.
Source: News FX

Euro Dollar Forecast: EUR/USD Tests Trendline Resistance

EUR/USD tests trendline resistance as USD weakens amid renewed optimism for US stimulus.
Source: News FX

Canadian Dollar Price Forecast: USD/CAD Support, AUD/CAD Breakdown

USD/CAD is re-testing a key area on the chart, but the breakdown in AUD/CAD has been fairly clear following last week's descending triangle.
Source: News FX

Trump Vs. Biden on Economies and Markets

Depending upon the outcome of the November presidential election, the US economy could take very different tracks.
Source: News FX