Copper Price Forecast: Bull Case to Prevail on Robust Supply and Demand Drivers

Copper is on track to make a sixth consecutive monthly gain as prices inch towards its all-time high. The global backdrop remains supportive despite a short-term pause in the rally.

from DailyFX - Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2021/03/03/Copper-Price-Forecast-Bull-Case-to-Prevail-on-Robust-Supply-and-Demand-Drivers.html
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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

from DailyFX - Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2021/02/24/trading-after-a-news-release.html
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AUD/USD Eyes February High After Australian Q4 GDP Beat

The AUD/USD pair climbed towards February peaks after Australian Q4 GDP data beat expectations. Growth declined 1.1% (YoY) while rising 3.1% (QoQ) versus -1.9% and 2.5% estimated respectively.

from DailyFX - Market News https://www.dailyfx.com/forex/market_alert/2021/03/03/AUDUSD-Eyes-February-High-After-Australian-Q4-GDP-Beat.html
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USD/CAD May Move Lower on USD Weakness Despite Crude Oil Breakdown

US equities failed to extend gains from Monday as Treasury yields aesed. Elsewhere, the Canadian Dollar gained versus the Greenback despite falling crude oil prices.

from DailyFX - Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2021/03/03/USDCAD-May-Move-Lower-on-USD-Weakness-Despite-Crude-Oil-Breakdown.html
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EUR/USD Rate Forecast: Euro Rebound Emerges After Defending 2021 Low

EUR/USD may continue to retrace the decline from the February high (1.2243) as the exchange rate appears to be defending the yearly low (1.1952).

from DailyFX - Market News https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2021/03/02/EURUSD-Rate-Forecast-Euro-Rebound-Emerges-After-Defending-2021-Low.html
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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

from DailyFX - Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2021/02/17/what-does-a-spread-tell-forex-traders.html
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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Rising bond yields and appreciating currencies are front-and-center for the commodity currency central banks.

from DailyFX - Market News https://www.dailyfx.com/forex/fundamental/central_bank_watch/2021/03/02/central-bank-watch-boc-rba-rbnz-interest-rate-expectations-update-march-3.html
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Japanese Yen Outlook: USD/JPY Bull Run Faces Stern Resistance

The USD/JPY pair has advanced tremendously in the first two months of 2021 but the bull run looks to be showing signs of fatigue

from DailyFX - Market News https://www.dailyfx.com/forex/market_alert/2021/03/02/Japanese-Yen-Outlook-USDJPY-Bull-Run-Faces-Stern-Resistance-RS-LiveEdu.html
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AUD/USD Forecast: Rebound from February Low Fueled by Upbeat RBA

AUD/USD extends the rebound from the February low (0.7692) after testing the 50-Day SMA (0.7718) for the second time in 2021.

from DailyFX - Market News https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2021/03/02/AUDUSD-Forecast-Rebound-from-February-Low-Fueled-by-Upbeat-RBA.html
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Market Positioning Data Show Retail Traders Long Silver and Gold | Webinar

IG client sentiment data show retail traders are overwhelmingly long both silver and gold, and from a contrarian perspective that’s sending bearish signals for both precious metals.

from DailyFX - Market News https://www.dailyfx.com/forex/market_alert/2021/03/02/Market-Positioning-Data-Show-Retail-Traders-Long-Silver-and-Gold-Webinar-MSE.html
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Natural Gas Outlook: McKinsey Forecasting Long-Term Demand for LNG

Natural Gas is holding just under the key 3.0000 level as technical patterns unfold.

from DailyFX - Market News https://www.dailyfx.com/forex/market_alert/2021/03/02/Natural-Gas-Outlook-McKinsey-Forecasting-Long-Term-Demand-for-LNG-LiveEdu-WV.html
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Gold Price Forecast: Gold Bulls Last Line of Defence

Rising yields and US Dollar creates a weak environment for gold.

from DailyFX - Market News https://www.dailyfx.com/forex/market_alert/2021/03/02/Gold-Price-Forecast-Gold-Bulls-Last-Line-of-Defence.html
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IBEX 35 Bulls Show Resilience as Summer Holiday Forecasts Improve

Spanish stocks are holding strong as the country holds on to hopes that international tourism could return this summer

from DailyFX - Market News https://www.dailyfx.com/forex/market_alert/2021/03/02/IBEX-35-Bulls-Show-Resilience-as-Summer-Holiday-Forecasts-Improve-.html
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Euro Forecast: EUR/USD Struggling to Keep Hold of 1.2000 as the US Dollar Pullback Continues

A strong US dollar and a poor set of German retail sales figures have left EUR/USD close to breaking back below 1.2000 again.

from DailyFX - Market News https://www.dailyfx.com/forex/market_alert/2021/03/02/Euro-Forecast-EURUSD-Struggling-to-Keep-Hold-of-1.2000-as-the-US-Dollar-Pullback-Continues.html
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British Pound (GBP) Latest: GBP/USD to Extend Near-Term Downtrend

GBP/USD has been edging lower in the past few sessions, hit by a stronger US Dollar, and could well slip further near-term as USD benefits from hopes of a strong US recovery.

from DailyFX - Market News https://www.dailyfx.com/forex/market_alert/2021/03/02/British-Pound-GBP-Latest-GBPUSD-to-Extend-Near-Term-Downtrend-MSE.html
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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

from DailyFX - Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2020/11/12/implied-volatility-what-is-it-and-why-should-traders-care.html
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Gold Prices at Risk, Crude Oil Sinks But Broader Uptrend Remains Intact

Gold and crude oil prices started off the week on a sour note. While both are at risk of further losses, the broader uptrend in WTI remains intact ahead of the OPEC+ meeting.

from DailyFX - Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/03/02/Gold-Prices-at-Risk-Crude-Oil-Sinks-But-Broader-Uptrend-Remains-Intact.html
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Core-Perimeter Trading Model: US, Eurozone & China

The Core-Perimeter framework allows traders to understand the macro-fundamental interactions between powerhouse economies and their perimeter counterparts, offering valuable insight on how to trade...

from DailyFX - Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2020/07/02/Core-Perimeter-Trading-Model-US-Eurozone-China.html
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Australian Dollar Forecast: AUD/USD Uptrend in Focus as RBA Holds Policy Steady

The Australian Dollar was unfazed as the Reserve Bank of Australia held its benchmark policy and 3-year yield target at 0.10%, as expected.

from DailyFX - Market News https://www.dailyfx.com/forex/market_alert/2021/03/02/Australian-Dollar-Forecast-AUDUSD-Uptrend-in-Focus-as-RBA-Holds-Policy-Steady.html
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Bitcoin, Ethereum Forecast: BTC/USD, ETH/USD Bullish Reversal at Hand?

Bitcoin and Ethereum look set to climb higher in the near term, as Citigroup and Goldman Sachs prove additional validation to the cryptocurrency market.

from DailyFX - Market News https://www.dailyfx.com/forex/market_alert/2021/03/02/Bitcoin-Ethereum-Forecast-BTCUSD-ETHUSD-Bullish-Reversal-at-Hand.html
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