Upbeat Australia Retail Sales Report to Fuel Bullish AUD/USD Series

Australia’s Retail Sales report may fuel the recent series of higher highs & lows in AUD/USD as consumption is projected to increase another 0.3% in November.


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Fed Flexibility and Powell Patience Calms Market Angst

Chairman of the Federal Reserve Jerome Powell spoke at the Economic Club of Washington earlier today where he conveyed the latest dovish position of the central bank.


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Australian Dollar Weekly Price Outlook: AUD/USD Reversal Targets

Aussie rallied more than 6.5% off the monthly low with price now eyeing the first major resistance hurdle. Here are the levels that matter on the AUD/USD weekly chart.


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Government Shutdown Could Trigger US Credit Rating Downgrade

A prolonged government shutdown could trigger one credit rating agency to downgrade the perfect AAA classification held by the United States.


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How to Become a Better Trader: Psychology and Process | Podcast

Learn about psychology and process and how traders can turn weaknesses into strengths from top analyst Paul Robinson


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Crude Oil Breaks Out of Downward Trend Following Oversold Reading

Efforts by OPEC and its allies to stabilize the energy market may generate a larger correction in crude as oil prices break out of the downward trend from late-2018.


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DXY Index Range Breakdown Under Way, Eyes on Powell Speech

The US Dollar breakdown in recent days has gone hand-in-hand with shifting perception around Fed policy.


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GBP Drops on Election Talk, USD Recovers from Fed-Inspired Losses - US Market Open

GBP underperforms as Corbyn talks up general election, while USD recovers from yesterday’s Fed inspired losses. However, eyes now on Powell and Clarida.


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Sterling (GBP) Remains Resilient Despite Another Defeat for PM May

The UK government is losing control of the Brexit process and now must come up with plan B within three working days if PM May loses the Brexit vote next Tuesday.


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US Crude Oil Price: No Sign Yet of Recovery Faltering

The US crude oil price looks set to extend the advance that began late last year amid attempts by Saudi Arabia to push prices higher.


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EURUSD Price Well Placed to Extend Gains

The EURUSD price seems likely to resume its advance after breaking above the 200-day moving average, with 1.16 the next target after dovish FOMC minutes that weakened USD.


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USD Price Analysis: Fed Shift to See USD Continue to Correct Lower

Fed commentary provides a reminder of a shift in Fed action with the central bank beginning to show flexibility. USD pressured amid unwind of Fed-Induced strength.


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EUR/USD Bullish Above 11450

The Euro is breaking into levels not seen in a while and with volatility having been compressed look for the move to have legs.


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Bitcoin, Ripple, Ethereum - Heavy Selling Slams Prices Lower

The cryptocurrency market is a sea of red this morning as sellers took back control of the space and sent prices spinning lower across the board.


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US Dollar Eyeing Powell Speech, Euro May Overlook ECB Minutes

The US Dollar is looking to a speech from Fed Chair Powell for direction cues. The Euro may overlook minutes from December’s ECB policy meeting.


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USD/NOK May Break Higher on Soft Norway CPI Data

USD/NOK may be given a small boost this Thursday as Norway prepares to release its year-on-year CPI report that may fall short of economists’ expectations.


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Asia Stocks Hurt as US, China Stay Mum on Trade. ASX Reversing?

The rosy mood in stocks weakened given a lack of details in US China trade talks, the Nikkei 225 fell. ASX 200 attempts reversing dominant downtrend, all eyes on Fed Chair Jerome Powell.


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Euro May Dip on Italian Economic Data, Growth and Budget in Focus

The Euro will likely suffer as the Italian government prepares to unveil its industrial production data. The country is already teetering on a recession with major headwinds in 2019.


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Gold Price Chart Still Warns of Topping, Fed Chair Powell in Focus

The gold price chart setup still warns of topping despite gains after December’s dovish FOMC meeting minutes. Comments from Fed Chair Powell are now in focus


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How are Traders Approaching Key S&P 500, EURUSD and Oil Key Moves?

How are traders’ managing the S&P 500’s attempt to pare large losses and crude oil prices’ rebound? DailyFX sentiment data can offer a closer look.


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