Noticias Forex

“If there is great Brexit progress this week, it is possible to extend negotiations,” the UK Environment Secretary George Eustice said in a statement on Monday. Further comments “There is great progress, we're nearly there.” “We are running out of time, need a breakthrough.” “We think there is a prospect of a deal.” GBP/USD rises…

AUD/USD drops in tandem with S&P 500 futures. DXY stalls in sell-off in early Europe, awaits fresh impetus. Potential month-end repositioning in the aussie ahead of RBA. AUD/USD extends pullback from the highest levels since September reached at 0.7408 earlier in the Asian session, as the US dollar pauses its declines across the board. The…

There is scope for AUD/USD to advance beyond 0.7450 in the next weeks, in opinion of FX Strategists at UOB Group. Key Quotes 24-hour view: “AUD traded between 0.7354 and 0.7399 last Friday, higher than our expected range of 0.7335/0.7380. Upward momentum has improved, albeit not by all that much. From here, AUD could edge…

The Citibank Analysts have downgraded their gold-price forecasts for 2021 alongside their estimate for flows in gold ETFs, in the face of economic improvement in the developed economies. Key quotes “Net investment into gold ETFs to hit 800 tons in 2020, 75 tons less than previously forecast and 50% lower again in 2021.” “Sees support…