CIBC anticipates USD/ZAR will end 2020 at around 15.15, and 2021 at 14.95.
Tag - fundamental analysis
With Brexit being the last-minute breakthrough - or a failure - possibility, let's review the layout for the GBP against the EUR and the USD. We will review oil, gold, and other Forex assets too - and don't forget the US and the UK interest rates this week!
Bank of England will make a policy statement on Thursday at 14:00 MT (GMT+3). It’s widely expected that the bank may taper its quantitative easing programme, by cutting asset purchases.
The Japanese yen gained amid the overall risk-off sentiment on the market. Let’s discuss the details.
WTI oil pulled back after it surged above $52.00 for the first time since February. What's next?
The coalition of Pfizer and BioNTech have announced that the regulatory review of the Covid-19 vaccine is scheduled for October. This positive news may add some tailwinds to the Pfizer stock.
The yellow metal has loosened its’ previous steam, but some analysts believe it may rally again. What may underpin gold?
The Forex history counts six silver bull market periods, and the seventh one is possibly right now. Jump in to know!
Investors are waiting for the significant decision of OPEC+ members to prolong oil output cuts or stop them.
Oil keeps rallying for the fourth day in a row after Goldman Sachs claimed that the oil market is in deficit and also because of the recent storm in the Gulf of Mexico, which led to the sharp decline of oil production. It is the best week for oil since June!
BoA released the report with the bullish forecast for the S&P 500 and shared its technical analysis. Let's discuss it in detail.
The formation of the descending triangle pattern indicates further falling of USD/JPY!