ASX 200, S&P 500 Index Forecasts: Healthy Correction Underway

The ASX 200 index is set to open mildly lower after a mixed Wall Street session despite rising iron ore prices. Crude oil prices surged to an eight-month high. Weaker US jobs data sank the US Dollar.

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Australian Dollar Hits Two Year High as Iron Ore Soars

Wall Street ended the day mixed as stimulus talks in Washington continued to drag on without a deal in sight. Meanwhile, the Australian Dollar extended its run into fresh multi-year highs as soarin…

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USD Price Outlook: US Dollar Bears Attempt Another Push

US Dollar selling pressure resumed on Thursday as USD price action pivoted toward week-to-date lows, but a weaker Pound Sterling helped alleviate some of the downside notched by the DXY Index.

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DAX 30, CAC 40, FTSE 100 Forecasts for the Week Ahead

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.

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Oil Price Rally Eyes March High as RSI Flirts with Overbought Zone

The price of oil approaches the March high ($48.66) as it tracks the upward trend from November, with the rally pushing the RSI towards overbought territory.

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