What are the forecasts for silver, platinum and palladium?
EUR/USD remains strong
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook.
XAU/USD: Gold continues to move higher achieving a full retracement.
US Market View
US stocks are set to extend Monday’s losses when markets open later, as concern about the spread of lockdown measures to tackle the pandemic returns to haunt cyclical stocks. Britain is the first Western country to start immunizing its population in what has been hailed as a turning point in the battle to defeat the disease. It is the worst-hit country in Europe with more than 61 000 deaths. Crude oil prices fell again as concerns about the spread of the pandemic again fed through into bearish sentiment about the demand outlook.
USA Key Point
- The CHF is the strongest while the GBP is the weakest
- UK PM spokesman: Brexit talks will not continue into next year
- Pound keeps lower on Brexit uncertainty
USD/CAD continues dipping. Follow US jobless claims and the speech of Fed’s Powell!
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US President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start the world's largest economy and accelerate its response to COVID-19