Weekly Market Outlook: November 30-December 4
Market news for the first week of December
Tag - usd
Pound slightly softer as the Brexit saga drags on
U.S. stocks are set to open higher Friday, although gains are likely to be limited with the market set to close early in the aftermath of the Thanksgiving Holiday.
USD/CHF: remains under significant selling pressure
Asian shares stalled near record highs on Friday
USD/ZAR: bears are strong
CIBC anticipates USD/ZAR will end 2020 at around 15.15, and 2021 at 14.95.
November 27: happy Friday trades
Fresh analysis of EUR/USD, GBP/USD, S&P 500, and USD/JPY!
Major currencies mostly little changed on the session
US markets are closed for Thanksgiving on Thursday, that's why the volatility falls. However, there are still some interesting movements!
AUD: near-term risks
The risk-on sentiment waned and added pressure on the AUD. Can we await a pullback from 0.74?
November 26: light trading amid Thanksgiving
Check the levels of major pairs for today!
EUR/USD: is it the time to touch 1.20?
The US dollar stayed under pressure as riskier currencies benefited from the increased optimism.
Mixed markets in quiet trading
Here's the technical analysis of USD/JPY, AUD/JPY, NZD/JPY, and silver!
What to do before you open a trade
It's easy to open a trading position. But it's not always easy to do it the right way. In this webinar, we list basic steps that need to precede any transaction in Forex to make it maximum efficient.
USD: vulnerable for further weakness
Most major Asian equity markets traded positively as the region took impetus from the record-setting session in the US where the S&P 500 notched a record close.
