British Pound (GBP) Latest: USD Stabilizing, Hitting GBP/USD, EUR/USD, AUD/USD

The US Dollar is modestly higher in early European trade Thursday, hitting currencies like Sterling and the Euro, but the downward trend in USD is likely to resume.

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EU Stoxx 50 May Fall Despite Approval of Moderna Covid-19 Vaccine

Europe’s benchmark EU Stoxx 50 index may lose ground in the coming days despite the regulatory approval of Moderna’s Covid-19 vaccine as price runs into key resistance.

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Crude Oil Gains, Gold Sinks on Fiscal Stimulus Hopes Despite Capitol Hill Unrest

Crude oil prices rallied with equities despite a clash on Capitol Hill.Gold fell as Treasury yields climbed on more fiscal stimulus prospects. What are key levels to watch for ahead?

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Mexican Peso Outlook at the Mercy of US Economic Trends

Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN.

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Gold Price Outlook – XAUUSD Remains Under Pressure, Bond Yields Rise

Gold slumped $60/oz. yesterday, creating a bearish engulfing candle after the Democrats won the two Georgia run-off elections. Today’s price action remains weak.

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