US Dollar News: USD Price Nears 2-Year High; Fed Speak, FOMC Minutes Loom

The US dollar basket (DXY) continues its bullish sequence and is nearing highs last seen two-years ago as the greenback remains ‘the cleanest shirt in the dirty laundry basket’


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Market Sentiment Recovers on US Easing of Huawei Restrictions | Webinar

An easing of US curbs on China’s Huawei has lifted market sentiment but fears of a further escalation of the US-China trade dispute continue to damage confidence.


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EURUSD, GBPUSD, USDJPY & Gold Price Levels in Play

The Dollar looks headed higher against most currencies except maybe the Japanese Yen, gold is teetering on important trend-line support.


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AUDUSD Risks Return to Flash Crash Lows as RBA Commits to Rate Cut

Overnight, the RBA Governor explicitly stated that the central bank has an easing bias, consequently, markets are near enough fully priced for a rate cut at the upcoming meeting.


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Euro Price Slide Set to Continue as European Elections Draw Closer

The EURUSD price has weakened to its lowest level since May 3 and will likely fall further around the European Parliament elections that begin Thursday.


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DAX 30 & CAC 40 Technical Update: Support, Patterns to Watch

The sell-off yesterday in the German and French benchmarks are bringing into view trend-line tests, potentially bearish price patterns.


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GBPUSD Price Slumps as Brexit Turmoil, USD Strength Takes its Toll

Sterling has broken down yet again against a resurgent US dollar and has slipped below 1.2700 for the first time in over four months.


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Australian Dollar May Extend Drop as Yen Gains on OECD Outlook

The Australian Dollar may continue to fall after a bruising Asia Pacific trading session as a downbeat OECD economic forecast update spooks risk appetite.


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GBPUSD Rate Breaks Bearish Sequence Despite Cautious BoE Rhetoric

Recent price action in GBP/USD raises the risk for a near-term rebound as the exchange rate fails to extend the series of lower highs & low from the previous week.


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Samsung Lifts KOSPI on US Huawei Ban, FTSE 100 Outlook More Bearish

Equities embraced the US delaying banning Huawei as Samsung Electronics upheld South Korea’s KOSPI in Asia trade. The FTSE 100 is vulnerable to a brewing bearish technical signal.


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Gold Prices Probe Trend-Defining Chart Barrier, OECD Update Eyed

Gold prices have slumped back to support guiding their 9-month uptrend, with sellers eyeing a downbeat OECD economic outlook update for a potential catalyst.


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S&P 500 Repeats Gap Down on Trade War News, Oil Cautious on US-Iran

A new week starts with caution and an effort to identify what has the greatest total impact over the market. Growth fears and political risks are prominent, but trade wars retains the greatest fundamental gravity.


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AUD/USD Downtrend Eyed as RBA Minutes Hint Rate Cut Possibility

The Australian Dollar depreciated as the minutes of the RBA May interest rate decision noted that a cut is “likely appropriate” if there are no further improvement in the labor market.


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Bullish Silver Price Outlook Suggests US Dollar May Turn Weaker

The silver price outlook is bullish against a backdrop of trend changing towards a weaker US Dollar.


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Post-Election AUDUSD Rebound Susceptible to Dovish RBA Minutes

The RBA Minutes may undermine the AUD/USD rebound following the Federal election if the central bank shows a greater willingness to further insulate the economy.


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Crude Oil Prices Up on US-Iran Strain, Yen Eyes Huawei Extension

Crude oil prices are eyeing resistance after US President Donald Trump reiterated threats on Iran. Meanwhile, the Yen is at risk as the US granted Huawei a 90-day temporary extension.


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FX Week Ahead - Top 5 Events: UK Inflation; Fed Minutes; ECB Minutes; Japan Inflation; US Durable Goods

The second to last week of May brings central banks and inflation data into focus.


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S&P 500 Lower Gaps Continue as Trade War Confidence Erodes

The S&P 500 gapped lower for the third consecutive Monday, as trade war confidence wanes and proponents of the “sell in May and go away” strategy rejoice.


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Top 5 Events: April UK Inflation & GBPJPY Price Forecast

The April UK Consumer Price Index is due on Wednesday, May 22 at 08:30 GMT.


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Canadian Dollar Weekly Price Outlook: Loonie Breakout Imminent

Loonie continues to trade within the confines of the monthly opening-range heading deep into May trade. These are the levels that matter on the USD/CAD weekly chart.


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