GBP/USD Uptrend Holds, EU Gave May Third Shot to Pass Brexit Deal

GBP/USD fell on the ongoing Brexit saga as the EU gave UK Prime Minister Theresa May a third shot to pass her divorce deal in Parliament next week. Ahead, the Japanese Yen may fall.


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Dow Jones Forecast: History Suggests FOMC Policy May Buoy Index

Historical performance suggests the Fed’s accommodative monetary policy may outweigh growth concerns, thereby bolstering the Dow Jones.


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FX Price Action Setups in EURUSD, USDCNH and Gold Price

It’s been a chaotic 24 hours since yesterday’s FOMC rate decision.


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Euro Weekly Price Outlook: EUR/USD Rejected at Yearly Open Resistance

Euro tested key resistance post-FOMC with the March recovery now vulnerable into the close. Here are the levels that matter on the EUR/USD weekly chart.


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GBPUSD Selloff Ensues After Brexit Delay Response from European Council

The European Council has drafted a response to PM May's Brexit extension request that comes up shorter than the UK's request.


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Central Bank Weekly: After Fed Meeting, One Cut Priced-In for 2020

The March Fed meeting produced a large reaction by both US Treasury yields and the US Dollar.


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Gold: 71.1% of Traders Are Net-Long

Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.


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USDJPY: Traders Remain Net-Long

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias.


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Gold Gets Bid Following FOMC Meeting Amid Bets for December Rate-Cut

Gold prices have reversed course ahead of the 2019-low ($1277), with the price of bullion climbing to a fresh monthly-high ($1320) following the FOMC meeting.


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Brexit Uncertainty Leaves GBPUSD Implied Volatility At 32-Month Highs

Given the latest Brexit uncertainty, it cannot be overstated the potential volatility the Pound faces.


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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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