US-China Trade War Thaw Hopes Boost APAC Stocks

Trade and interest rate expectations combined to make life pretty easy for stock bulls on Wednesday. There were some local wobbles, but most indexes gained


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US Dollar Shrugs Rate Cut Bets After IMF Publishes Gloomy Outlook

The US Dollar rose despite an uptick in Fed rate cut bets ahead of the July FOMC meeting after the IMF published a gloomy outlook for global growth.


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Dollar Rallies After IMF’s Growth Upgrade, Pound Steadfast After New PM Announced

The ‘growth’ theme seemed to catch traction earlier than expected this week. With July PMIs and the US 2Q GDP ahead, the IMF decided to downgrade its global growth forecasts; but it was a surprise US upgrade that generated the biggest impact.


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Japanese Yen Faces USDJPY Bulls’ Strenuous Base Building Efforts

The Japanese Yen has had a pretty good run against the US Dollar but the latter ‘s fall seems to have hit a solid barrier


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USDCAD Rate May Rise Further After Monthly Opening Range Break

Current market conditions may fuel a larger rebound in USDCAD as the exchange rate clears the opening range for July.


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Canadian Dollar Price Chart: USD/CAD Breaks Out – Loonie Trade Levels

The Canadian Dollar is on the defensive this week with price now attempting to break the monthly opening-range. Here are the levels that matter on the USD/CAD charts.


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Gold Prices Continue to Exhibit Strength Despite the US Dollar Breakout

Gold prices could care less that the US Dollar (via the DXY Index) is breaking its downtrend from the May high.


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EUR Breaks Support, Boris Johnson Wins Tory Contest, CAD Extends Bearish Turn - US Market Open

As widely expected, Boris Johnson won the leadership contest with a margin of 66%. Euro hits a two month low, while CAD trades on the defensive.


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Copper Price Outlook: Uptrend Pauses After Printing Two-Month High

Last week Copper rallied to its highest level in over two months then stopped with the buyers likely taking profit. Here are the chart key points Copper’s traders may need to consider.


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S&P 500: Number of Traders Net-Long Continues to Decrease

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.


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Bitcoin: Number of Traders Net-Short Increases by 20.4% from Last Week

Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.


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US Dollar Bursts Higher, EUR/USD Fresh Low, USD/CAD Breaks Resistance

The US Dollar is rallying after the NY Fed walked back comments from John Williams last week. How dovish will the Fed be at the bank's highly-expected rate cut?


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Market Sentiment Positive Towards USD, Negative Elsewhere | Webinar

The US Dollar remains the currency of choice for traders as market confidence in other assets ebbs away.


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Dollar Looking for May High: Euro, Pound, Aussie Charts & More

The Dollar is postured bullishly at the moment and could soon break on through the May high; EURUSD, GBPUSD, and AUDUSD charts in focus.


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Boris Johnson is The New UK PM - What Next for Sterling (GBP)?

Boris Johnson has won the Conservative leadership race and is the new UK Prime Minister. Sterling traders will now be following his every comment and move with heightened interest.


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Boris Johnson to be Next UK Prime Minister: FTSE 100 vs FTSE 250

Boris Johnson to face hurdles from the very beginning. Brexit rhetoric and political uncertainty to determine outperformance between FTSE 100 and FTSE 250.


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USD/CAD Price Analysis: US Dollar Tests two Weeks High against Canadian- What Might Be Next?

Last week USD/CAD has been moving lower however, ineffectively. Here are the key technical levels traders may need to consider at this stage.


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Further Sterling (GBP) Weakness Likely if Johnson Becomes PM

As the new Prime Minister is set to be announced at 11.00 UK time GBP may continue to lose ground if Boris Johnson is confirmed to be the new PM.


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US Dollar (USD) Continues Rallying as Interest Rate Cut Looms

Conventional wisdom suggests that currencies should weaken ahead of any interest rate cuts, especially if there is a chance of a bigger-than-expected cut. The US dollar is ignoring this.


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Gold Price Testing Support, Silver Stalling at Long-term Resistance

Last week, strength subsided late and is continuing on into this week; this has the recent breakout in question for gold while silver may struggle at long-term threshold.


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