USD/CAD forecast: Loonie Strength Continues Post-Election

Canadian dollar bulls remain in control as fundamentals support a bullish bias. With Canadian GDP figures due next week, will USD/CAD continue its downward trajectory?

from DailyFX – Market News https://bit.ly/3mcx4ne
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Euro Latest: EUR/USD Well Placed to Hit 1.20 Level

This month’s trend higher in EUR/USD looks likely to persist, despite weak German consumer confidence, as the government decides to leave the country’s shops open.

from DailyFX – Market News https://bit.ly/37pvrg7
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British Pound Outlook Hinges on Brexit Progress Ahead of Key Deadline

The British Pound could be at risk of a reversal lower as Brexit negotiations between the European Union and Britain fail to make any significant progress ahead of key deadline.

from DailyFX – Market News https://bit.ly/2JeZrCV
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Gold Price Drop May Continue as Fed Stimulus Bets Unravel

Gold prices slid to a four-month low as easing political uncertainty and Covid-19 vaccine hopes cooled Fed stimulus expansion bets. The chart setup hints at deeper losses ahead.

from DailyFX – Market News https://bit.ly/367Zfyo
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