GBPUSD May Be the Best Major to Highlight a Weak US GDP

The Dollar has considerable potential for volatility resulting from the 2Q US GDP release. However, a bullish build up on the theme, weekend liquidity, FOMC anticipation and counter-trend winds necessitate strategy.


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USD/SGD Uptrend in Focus, USD/INR Outlook Hinges on 2018 Resistance

The Singapore Dollar may weaken as the USD/SGD uptrend continues, with similar selling pressure perhaps weighing against the Indian Rupee where USD/INR faces 2018 falling resistance.


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EURUSD Round Two Moving Past ECB Onto US GDP

The ECB rate decision proved quite market-moving for EURUSD, but its bearing confounded typical expectations. Will Friday’s US 2Q GDP offer a more direct bearing for the pair?


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EURGBP Retreats After 11-Week Sugar Rush. Crash Ahead?

The Euro has enjoyed an uninterrupted 11-week climb against the British Pound, but the sugar rush appears to be wearing off. Where will the currency pair land?


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AUDUSD Rate Capped by 200-Day SMA Ahead of Australia Inflation Report

AUDUSD stands at risk for a further decline ahead of Australia’s CPI report as the rebound from the June-low (0.6832) stalls ahead of the 200-Day SMA (0.7087).


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USD/MXN Rate Outlook Hints at Higher Spot Prices

Spot USDMXN looks set to resume its bullish ascent as fundamental themes appear likely to tilt back in favor of the US Dollar and combines with an attractive technical backdrop.


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Euro Price Chart: EUR/USD Reverses Course Post-ECB – Trade Levels

Euro prices reversed sharply from fresh yearly lows today with the recovery now testing a key inflection zone. Here are the levels that matter on the EUR/USD charts.


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Silver Price Outlook: May Keep Trading Higher However, with Lower Momentum

Yesterday Silver printed its highest level in over 13 months. Here are the key chart points traders may need to consider.


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75 Years Later, The Lessons of Bretton Woods Have Been Forgotten

The 75th anniversary of the Bretton Woods conference was this week, and the concerns that were present in 1944 are reasserting themselves as significant threats to the global economy in 2019.


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EUR/USD Reverses on Draghi, Turkish Lira Rises Despite Record Rate Cut - US Market Open

EUR/USD reverses earlier losses on Draghi press conference, while Turkish Lira firms despite record rate cut from Turkish Central Bank.


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Gold Prices Break, Pull Back on ECB; Will Bulls Drive Ahead of FOMC?

Gold prices put in a quick breakout around this morning's ECB rate decision, but quickly returned back to trend-line support. Can bulls continue to push ahead of FOMC?


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EURUSD Drops as ECB Paves Way for Rate Cut and QE Restart

EURUSD dips as ECB changes forward guidance to allow for a rate cut in September.


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DAX 30 & CAC 40 Technical Outlook Cautiously Constructive

The German and French stock markets continue to act well, with higher prices from recently constructive pullback/consolidation patterns.


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GBP/JPY Price Outlook: British Pound May Keep Losing Mojo - Thanks to BOJO

Yesterday, Boris Johnson was appointed officially the UK PM. Meanwhile, the British Pound continues consolidating blow 135.55 against the Japanese Yen. Here is how GBP/JPY may perform in the few coming days.


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UK PM Boris Johnson Doubles Down on Brexit - Sterling (GBP) Nears Breakout

New UK PM Boris Johnson has filled his new cabinet with like-minded Brexiteers and has already reiterated that the UK will leave the EU on October 31, deal or no-deal.


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EUR Softer Ahead of ECB, IFO Figures Continue to Show Weakness

EURUSD heads towards two-year lows as weakening data from Germany continues to fuel concerns about the growth of the Eurozone. ECB likely to restart QE cementing the case for a rate cut in September.


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EUR/USD Expected to be Most Volatile Currency on ECB Decision, Beware of Surprise

Currency volatility EURUSD soars to a fresh 2019 high as ECB monetary policy meeting is captured, alongside US GDP. Lack of improvement in growth and inflation calls for further ECB stimulus.


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EURCHF Rate Trades to Fresh 2019 Low Ahead of ECB Meeting

EURCHF trades to a fresh yearly-low ahead of the ECB meeting, with recent price action warning of a further decline as the bearish momentum appears to be gathering pace.


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EURUSD May Break Through Critical Support After ECB Rate Decision

EURUSD may finally capitulate and break below critical resistance-turned-support channel, exposing the pair to a rapid selloff if ECB commentary spooks Euro traders.


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USD/PHP Downtrend Faces 2013 Support as Peso Gains on BSP Comments

The US Dollar weakened against the Philippine Peso, with USD/PHP falling towards 2013 rising support as Philippine Central Bank board member Bruce Tolentino cooled BSP rate cut bets.


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