Australian Dollar Gains As Jobless Rate Falls Below 5%

The Australian Dollar spiked up on news that domestic unemployment had fallen below 5% for the first time since 2011. Job creation slowed markedly though.


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US Dollar Down, S&P 500 Shows Weakness After Decidedly Dovish Fed

The US Dollar fell as the S&P 500 trimmed sharp gains on a more dovish Fed that downgraded economic projections and rate hike estimates. AUD/USD may rise on a rosy jobs report.


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Currency Volatility: Brexit Latest Puts UK and British Pound at EU’s Mercy

The British Government officially stated the UK will not leave the EU on March 29, but PM Theresa May has requested a Brexit extension to June 30.


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NZDUSD Uptrend Extends, 4Q GDP Data Ebbs Near-Term Showdown Fears

NZD/USD unexpectedly rose, closing at its highest since December on lackluster fourth quarter New Zealand GDP data which might have reduced near-term economic slowdown fears.


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Dow Jones Grasps for Direction After Dovish Fed, Weaker Dollar

The March meeting of the Federal Reserve brought sobering US growth forecasts with it. Now, the Dow Jones must balance a dovish Fed with a weaker domestic economy.


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Slowing New Zealand GDP to Rattle Post-Fed NZD/USD Rally

New Zealand’s GDP report may rattle the NZD/USD rally following the FOMC meeting as the growth rate is expected to narrow to 2.5% from 2.6% in the third-quarter of 2018.


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US Dollar Dives After March FOMC Meeting Reveals Dovish Fed

The US Dollar added to recent losses as Federal Reserve officials struck a dovish tone in March’s monetary policy meeting after disappointing growth and inflation forecasts.


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How Central Banks Impact the Forex Market

Central banks play a major role in the economy. Learn how their policies and interest rate hikes can impact currency trading.


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Oil Weekly Price Outlook: Crude Rally Testing Critical Resistance Zone

Crude oil has rallied nearly 10% from the yearly low with price now testing a key technical resistance zone. Here are the levels that matter on the WTI weekly chart.


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FOMC Preview: EUR/USD to Eye Monthly-High on Dovish Forward-Guidance

A material shift in the Federal Reserve’s forward-guidance may fuel the recent advance in EUR/USD if the FOMC shows a greater willingness to abandon the hiking-cycle.


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Gold, EURUSD Test Resistance as USD Goes into FOMC on Back Foot

Today's FOMC rate decision takes place amidst a backdrop of short-term USD-weakness, running in contrast to the bigger-picture theme of strength. Will Dollar bulls make a comeback?


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US Market Open: Top 3 Market Drivers - Brexit, FOMC and Trade Risk

Brexit continues to direct Sterling while the latest FOMC meeting later today will shape US dollar moves in the short-term. In the background, US-China trade talks continue to garner market attention.


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Trading Outlook for Gold Price, Crude Oil, Dow Jones & More

Gold is vulnerable to selling in the days ahead, crude oil continues to be steadily higher but reaching towards resistance, while stocks may be due for a set-back but remain constructive.


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Sterling (GBP) Price Slips on Renewed Brexit Confusion, UK Inflation Stable

Sterling slips back to near the bottom of its recent trading range as Brexit confusion continues to weigh on the currency. A 3-month Brexit delay, among other options, is mooted but nothing has been confirmed yet.


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FTSE Technical Analysis – Support on Dip, New Levels of Resistance Targeted

The FTSE has put together a nice rally the past few days, a break above one area of resistance has another area in focus with the prior ceiling becoming a floor on a dip.


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Crude Oil Price - Next Move Will be Driven by US-China Trade Outcome

Crude oil continues to trade near its multi-month high but a break higher will need a fresh impetus with the outcome of US-China trade talks the probable driver.


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US Dollar May Rise Despite a Defensive Turn in Fed Guidance

The US Dollar may rise despite a defensive turn in official Fed policy guidance as worries about slowing global growth stoke risk aversion and boost haven demand.


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Asian Stocks Slip As Trade Worries Reemerge, Fed Decision Eyed

Asia Pacific stock markets saw risk appetite drain away somewhat as \some disappointing trade reports crossed the wires


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USD/IDR Technical Outlook Bearish. USD/PHP, USD/SGD Seem Bullish

The US Dollar technical outlook against its ASEAN counterparts is mixed. USD/IDR may be on the verge of turning lower while USD/PHP and USD/SGD could be readying to climb.


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Gold Prices at Risk as Cautious FOMC Stokes Global Slowdown Fears

Gold prices may be at risk as a defensive pivot in Fed forward guidance leaves the markets’ policy bets broadly intact but stokes global slowdown fears.


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