Gold Price Breaks Out to Fresh Highs as EURUSD Rebuffed at Resistance

Yesterday's FOMC meeting saw the bank take on a dovish tone, bringing a fast move of USD-weakness until a key level of support came into play.


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GBPUSD Price Limited as BOE Remains Sidelined by Latest Brexit News

The latest Brexit developments are in control of the British Pound, leaving the Bank of England sidelined.


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Dovish FOMC, BoE Rate Decision, Euro Finds a Bid - US Market Open

The US dollar is on the backfoot after last night’s dovish FOMC pulled the rug from under the greenback. Coming up, the Bank of England’s latest policy decision will be confined by ongoing Brexit chaos.


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Becoming a Better Trader – Setting Stops, Targets, and Tying in Risk Management

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Brexit Gridlock Likely to Keep BoE Rates Unchanged - Preview

Bank of England (BoE) officials are likely to vote unanimously to keep the benchmark interest rate unchanged at 0.75% as Britain tries to overcome the political gridlock it faces. GBPUSD was trading a little stronger yesterday as the Fed rejected any rate hikes this year.


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S&P 500 Backing into Support, Dow Jones & Nasdaq 100 Chart Outlook

The S&P 500 recently broke resistance which is now being tested as support, while the Dow and Nasdaq 100 continue to display glaring relative strength differences.


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EURUSD Price Hitting Resistance But Sentiment Remains Bullish

The Euro is pushing higher against a weak US dollar and nears an area of technical resistance. With client sentiment still bullish a break higher could see the 2019 high under pressure.


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Yen May Rise as Dovish SNB, BOE Add to Global Slowdown Worries

The Japanese Yen may rise as dovish guidance from the SNB and the BOE add to worries about slowing global economic growth in the wake of the Fed rate decision.


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Crude Oil Prices May Retreat as Central Banks Stoke Growth Fears

Crude oil prices may retreat as downbeat comments from the SNB and the BOE compound Fed-driven worries about a slowdown in global economic growth.


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Asia Stocks Follow Wall Street Response to FOMC, FTSE 100 Eyes BoE

Like the reaction to the Fed, Asia Pacific stocks traded mixed. The ASX 200 fell as a jobs report reduced dovish RBA expectations. GBP/USD and FTSE 100 eye the BoE, Brexit saga.


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Norwegian Krone Eyeing Norges Bank Rate Decision After FOMC

NOK traders will be on their toes as the Norges Bank prepares to release its rate decision which many are anticipating will be a hike. However, after today’s FOMC meeting, the question is can they afford to?


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Caveats to a EURUSD Break and Questions for S&P 500 Slip After Fed

The Fed has made clear that it is easing up the reigns on normalization, but the favorable turn in monetary policy is being met with the same lackluster response as the seeming turn in trade wars. What does this mean for markets and trading?


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Nikkei 225 Technical Analysis: Uptrend Hangs On, But Looks Tired

The Nikkei 225 has risen reliably for much of this year, but its rise is starting to appear a little stretched. Bulls need to challenge the top of both range and up-channel


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Gold Price Forecast Brightens amid Drop in US Treasury Yields

Gold prices may see further gains as US Treasury yields continue their break lower in the near-term.


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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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