Yen Up, Trump Threatens Tariffs on Mexico, USMCA Approval in Doubt?

The S&P 500 sinks, Japanese Yen gains after Donald Trump threatened import tariffs on Mexico, throwing a curveball on USMCA ratification prospects, opening up another trade war front.


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Slowdown in China PMI to Keep AUDUSD Under Pressure Ahead of RBA

Updates to China’s Purchasing Managers Index (PMI) may keep AUD/USD under pressure as the gauge is expected to indicate a contraction in manufacturing activity.


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Crude Oil Price Sinks 4.5% as Bullish Conviction Ebbs

Commodity traders sent oil prices plunging on Thursday as uninspiring crude inventory data reignited oversupply concerns, dealing the latest blow to bullish sentiment.


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S&P 500 Sector Performances Highlight Prevailing Headwinds

At the beginning of the month, we looked at the “Sell in May and Go Away” anomaly. With May ending, here’s a recap of sector performances of the S&P 500 over the period.


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Currency Volatility: USDCAD, EURCAD, CADJPY Eyed Post BOC

CAD currency crosses are highlighted post BOC with the Canadian Dollar prone to heightened price action ahead of Friday's high-impact economic data due for release.


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China’s Next Trade Weapon in the Ongoing US-China Trade War

Recent visits of the Chinese President to rare earths manufacturing plants seem to suggest that China is planning to use these materials as a bargaining chip against the US.


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Canadian Dollar Price Outlook: USD/CAD Breakout Stalls- Loonie Levels

A breaking out of a multi-week range in Loonie has taken price into confluence resistance near six-month highs. Here are the levels that matter on the USD/CAD charts.


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Gold Prices Continue to Coil as Range Breakout Lingers

Gold 1-month implied volatility hit a fresh all-time closing low yesterday, but Gold prices have stopped falling. A bullish sign for bullion?


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GBP/JPY Price Forecast: Bearish Momentum Showing Signs of Weakness

GBP/JPY Could correct higher with signes of sellers hesitation. Here are the important technical levels of support and reisistance the pair may likely to encounter in the coming days.


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CAD Outperforms, Turkish Lira Spikes Higher, Brazilian Real Drops as GDP Contracts - US Market Open

A relatively muted affair in the G10 FX space with the US Dollar index flat throughout the European morning. TRY jumps as tensions between the US and Turkey ease.


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US-German Yield Spread Falls, Potentially Benefiting EURUSD

Government bond yields are dropping as investors opt for the safety of Government debt on fears that the global economy is slowing, and a lower US-German spread could help the Euro vs the Dollar.


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EUR Technical Analysis Overview: EURUSD, EURGBP

EURUSD downtrend persists, 2019 lows in focus, while EURGBP bullish momentum eases following record win streak.


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Crude Oil Prices Edging Higher Towards Key Resistance Levels

Crude oil prices are heading slowly towards important “round number” resistance levels: $60 per barrel for US crude and $70 per barrel for Brent crude as US inventories drop by more than expected.


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ECB President Election – The Fate of the Euro Under Draghi’s Successor

The “horse trading” for the EU’s top jobs has started and Germany, Finland and France all have strong contenders in the race to become the ECB’s new president. Whilst all the candidates have ample experience in the industry, each one has differing wives on how to implement the Eurozone’s monetary policy.


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Gold Price Outlook in Favor of Sellers, Silver Leading the Way Lower

Precious metals remain vulnerable to more selling as gold flirts with an important trend-line break, silver sellers are already in control.


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Oil Prices Remain Battered as Monthly Opening Range Cracks

Recent developments raise the risk for a larger correction in crude as the price of oil fails to retain the monthly opening range for May.


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Gold Prices May Break Out as US GDP Data Shapes Fed Outlook

Gold prices are coiling up for a breakout, with a revised set of first-quarter US GDP figures lining up as a would-be catalyst.


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EURUSD Outlook Hinges on US GDP, Trade Wars, Iran Sanctions

EURUSD traders will be on their toes ahead of the release of US GDP and rising cross-Atlantic tensions over a divergence in policy on Iran.


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Asian Stocks Hit Again By US-China Trade Worries, Treasury Yields

Most Asia Pacific mainboards were hit again after another Wall Street slide. South Korea’ s Kospi managed to buck the trend, though, with tech stocks bought.


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S&P 500 Downtrend Eyed, US-China Trade Deficit Risks Irking Trump

Stock volatility may be revived later in the day with the S&P 500 downtrend in focus ahead of US trade deficit data that risks sinking sentiment if Trump expresses his displeasure with it.


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