Crude Oil Prices Eyeing OPEC Outlook Report After Saudi Output Cut, US Stimulus

Crude oil prices may extend gains after Saudi Arabia unexpectedly cut production ahead of the monthly OPEC outlook report. US fiscal stimulus bets may also underpin WTI.

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Australian Dollar Outlook: Rising Commodity Prices to Drive AUD Higher

Australia’s success in suppressing the novel coronavirus and soaring commodity prices may continue to underpin the cyclically-sensitive AUD in the coming months.

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Will the S&P 500 Extend Its Record Rally on Reflation Hopes?

The seemingly unstoppable rally in US stocks may have more room to go before time is ripe for a correction. The reflation trade appears to be gaining traction, but overstretched valuations may flag…

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Mexican Peso Forecast: USD/MXN Balances on Support as Covid-19 Cases Surge in Mexico

The strong downtrend in USD/MXN has stagnated in recent weeks as bearish momentum eases.

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Euro Forecast: EUR/USD Outlook Upbeat on Sunny Market Sentiment

Trader confidence has been boosted by the US Democrats winning control of the Senate, suggesting further flows out of the safe-haven US Dollar into ‘risk-on’ currencies such as the Euro.

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