Outlook Hinges News Today

None 100 will be highly sensitive to the upcoming U.S. • None The U.S. Bureau of Labor Statistics will release October consumer price index data on Tuesday •…

This article discusses possible scenarios for gold prices, EUR/USD and the Nasdaq 100 that may develop following the release of the October US inflation report. The piece also examines key technical levels worth watching in the short term.

This article offers an extensive analysis of EUR/USD, encompassing both fundamental and technical viewpoints ahead of the ECB decision. The piece also examines important price levels that may come into play in the coming trading sessions.

Pound-to-Euro Forecast Revised Higher by Bank of America

Gold prices lose upward momentum after failing to break above the psychological $2,000 level decisively but maintain a bullish technical outlook.

USD/CAD may face a larger correction ahead of the Bank of Canada (BoC) interest rate decision as the central bank is expected to normalize monetary policy at a faster pace.

Data prints coming out of Canada may keep USD/CAD under pressure as employment is expected to increase for the fourth consecutive month.

The Reserve Bank of Australia (RBA) interest rate decision may fuel the recent advance in AUD/USD if the central bank adjusts the forward guidance for monetary policy.

The Federal Reserve interest rate decision is likely to sway the near-term outlook for USD/CAD as the central bank is expected to normalize monetary policy.

The DAX is coming off a test of a major support and will need to hold if a topping scenario isn’t to be validated; the CAC is holding up better.