USD Price Gains Likely to be Short-Lived

The USD price is correcting higher but its advance will likely be limited as recession fears point to lower US interest rates than previously expected.


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Brexit Latest: Sterling (GBP) Sinks as UK PM May Loses Control

UK PM Theresa May is coming under intense pressure to keep her Brexit plans on track after Parliament found her government in contempt while an amendment gave the Commons the right to revise the Brexit back-up plans.


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US Dollar Rebound May Gain Ground on Fed Beige Book

The US Dollar may continue to recover as the Fed’s Beige Book of regional US economic conditions helps revive robust 2019 interest rate hike speculation.


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Asian Stocks Fade With Wall Street, Plentiful Economic Cues Ahead

Weakness was the theme once again across Asia Pacific stock markets as investors fretted global growth prospects and the real substance of last weekend’s US/China trade truce


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Gold Prices May Turn Lower on Upbeat Fed Beige Book

Gold prices may turn lower form chart resistance as an upbeat Fed Beige Book survey boosts Fed interest rate hike bets, sending the US Dollar upward.


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Look Beyond the Yield Curve Inversion to Assess a Disturbance in the Market

The recession alarms have started to sound for economists and traditional investors who have seen the spreads in US yields drop sharply as of late. Yet, what do global yield comparisons and the extreme policies of popular QE programs do to the supposed signal?


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USD/SGD, USD/MYR, USD/IDR Prices Try Reversing Dominant Uptrends

ASEAN currencies such as the Malaysian Ringgit, Singapore Dollar and Indonesian Rupiah are trying to reverse their dominant trends versus USD. I take a look where they may go next.


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Was the S&P 500’s Tumble a Financial Tsunami Signal or Necessary Adjustment?

Risk assets took a nasty turn through the US session Tuesday with a scale of intensity which will spark imagination and fear. Was the three percent-plus drop from the S&P 500 a signal for global markets?


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Japanese Yen Technical Analysis: USDJPY Uptrend Under New Threat

The Japanese Yen has seen a fightback against the US Dollar this week and, although the latter remains in the ascendant, its uptrend line is now under duress


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Australian Dollar Falls as Soft GDP Data Cools RBA Rate Hike Bets

The Australian Dollar fell as disappointing GDP data crossed the wires, undershooting forecasts and sending the currency down as RBA rate hike bets cooled.


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Asia Stocks Brace, US China Trade War Relief Bets Crumble. Yen Up

Market optimism fell apart on conflicting US China trade news from the White House. Asia stocks may echo S&P 500 largest drop since October. Japanese Yen may extend gains as AUD falls.


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FX Price Action Setups in EUR/USD, USD/CNH, USD/CAD and NZD/USD

It's been an busy week across global markets, and tomorrow brings closed US financial markets for an official day of mourning for former US President, George H.W. Bush.


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WTI Crude Oil Bounces and Natural Gas Chart May Pop From Triangle

The Elliott Wave chart patterns provide guidance on the maturity of the current trends. WTI crude may beginning a multi-month drop and Natural Gas is near the end of a bullish triangle.


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Brexit Update: GBP/USD Falters After May’s Government Found in Contempt

Cable tumbled to 1.2676 after news broke that Prime Minister Theresa May’s government was found in contempt of Parliament just days before the vote on her Brexit deal.


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Oil Prices Risk Larger Rebound Ahead of OPEC Meeting Amid RSI Signal

Crude oil prices look poised for a larger recover ahead of the OPEC meeting as the RSI bounces back from oversold territory and flashes a textbook buy-signal.


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USD/JPY Rate Outlook Mired by Failure to Test 2018-High

USD/JPY may continue to pare the advance from October-low (111.38) amid the string of failed attempt to test the 2018-high (114.55).


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EURGBP Price Well Placed For Upside Break

The EURGBP price is looking ready to move higher from a downward channel in place since late August.


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EUR/USD Nears Trend-Line as US Dollar Bounces from Fibonacci Support

The US Dollar is bouncing from a familiar Fibonacci level after a push of USD-weakness tested below a key trend-line. Can USD bears continue to push?


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USD Weakens as US Yields Drop, JPY Outperforms - US Market Open

The US Dollar is on the backfoot this morning as US yields continue to pullback. Focus is on the 2s10s curve which is 13bps away from inverting.


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DXY Index Falters as Uptrend from September Low Breaks

Now that the G20 summit is behind markets, the technicals may finally be catching up with the fundamentals for the US Dollar.


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