Australian Dollar Outlook: AUD/USD May Break Support on Jobs Report

AUD/USD moves into focus as the Australian employment report is on tap to steer market sentiment into the Asia-Pacific trading session. Meanwhile, Covid-19 cases surge in the U.S., putting a cloud …

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Canadian Dollar Technical Outlook: USD/CAD, CAD/JPY, NZD/CAD

Canadian Dollar price action has been mixed so far this week with the Loonie gaining ground against the Greenback but weakening relative to the Japanese Yen and New Zealand Dollar.

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S&P 500 Forecast: How Will the Addition of Tesla Impact the Index?

S&P Dow Jones Indices announced Tesla will join the S&P 500 on December 21, making it the largest single-stock addition to the index in its history. What does this mean for the S&P 500 and Tesla?

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NZD/USD Rate Clears 2019 High and Triggers Overbought RSI Reading

NZD/USD clears the 2019 high (0.6942) and the exchange rate may continue to appreciate as long as the Relative Strength Index (RSI) sits in overbought territory.

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USD/CAD Rates May Resume Downtrend on Positive Inflation Data

The USD/CAD exchange rate may continue to slide lower on vaccine optimism and resilient crude oil prices ahead of Canadian consumer price growth data for October.

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