The FTSE is holding on to positive momentum as the path of least resistance continues to be higher

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News that England is moving back into lockdown because of rising Covid-19 infections has been well received by GBP traders, lifting GBP/USD modestly after Monday’s falls.

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USD/CAD rates may continue to slide lower as the rollout of multiple coronavirus vaccines and substantial fiscal support buoys Canadian consumer confidence.

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Crude oil prices retraced to a key chart support level as markets await production guidance from an OPEC+ meeting amid souring sentiment. A national lockdown in the UK weighed on the demand outlook.

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Natural gas prices are off to an optimistic start in 2021, with a colder temperature outlook across the Southwestern United States boosting sentiment.

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