S&P 500 and Dollar Hit as Trump Escalates Trade Wars Day After Fed Volatility

The market’s attention shifted violently from monetary policy shortcomings and a mild sense of concern over economic health to sheer trade war pain this past session. Traders would do well to beware.


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Emerging Markets, Indonesia, Philippines at Risk to US-China Tariffs

Emerging markets are at risk after US President Donald Trump threatened to raise tariffs on $300b in Chinese goods as stock indexes in Indonesia, the Philippines and Malaysia fall.


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Gold Prices Ignore US Dollar Rise, Soar on Trade War Escalation

Gold prices surged as US President Donald Trump signaled escalation of the US-China trade war, shrugging off safety-seeking support for the US Dollar.


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Brexit Uncertainty Sends EURGBP to 22-Month High: Will it Hold?

Brexit uncertainty has caused EURGBP to spike to an almost 2-year high after the pair briefly retreated to familiar support levels. Will the pair be able to stay above critical support?


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AUD Slumps Ahead of Retail Sales Report as US-China Trade Truce Flops

AUDUSD takes out the June-low (0.6832) ahead of Australia’s Retail Sales report as the trade truce between the US and China appears to be coming to an end.


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Gold Prices Bounce from 1400 - Might a Larger Pullback be Afoot?

Gold prices pushed down to 1400 around FOMC yesterday. But bulls soon returned to perk prices right back up. But, is this a corrective move ahead of lower-lows?


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US Dollar Drops as ISM Manufacturing Slides Toward Contraction

The Institute for Supply Management’s Manufacturing Index declined further in July with the headline figure reading 51.2, down from 51.7 in the previous month - pressuring the US Dollar.


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DAX 30 and FTSE 100 Price Forecast: May Keep Falling Below These levels

Yesterday, Dax 30 and FTSE 100 rebounded from important technical levels. Here are the key chart points traders on both indices may encounter in the few coming days.


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Why Trade Foreign Exchange? | Rupert Osborne | Podcast

IG US CEO Rupert Osborne talks forex vs stocks, and hints at the future of the pound.


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Harami Candlestick Patterns: A Trader’s Guide

Learn to trade forex with Harami candlestick patterns. Our guide explores harami patterns in depth and the best trading strategies.


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US Dollar Rises on Non-Committal Fed, GBP & EUR Extends Losses - US Market Open

The US Dollar has continued to extend on its Fed induced gains. GBP dips below 1.21, while BoE fails to spark volatility. Eurozone PMIs provide a reminder that ECB stimulus is needed.


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USD Rate Cut Rally: US Dollar to Fresh Two-Year-Highs After FOMC

Yesterday's FOMC brought a big move of USD strength as Gold prices breached short-term support. The focal point for today is around US equities.


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CADJPY Chart Rolling Over

CADJPY has a couple of technical developments unfolding that suggest we could see another down-leg soon.


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Spot Gold: Traders Remain Net-Long with Slight Decrease in Net-Long Positions from Last Week

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


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USD/JPY: Number of Traders Net-Long Decreases by 14.8% from Last Week

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


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BoE Cuts Growth Outlook, Sterling (GBP) Unmoved

BoE unanimously keeps rates at 0.75% as Brexit uncertainty continues to devaluate the pound and adjusts forward guidance to acknowledge the slump in global growth.


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USD/JPY, GBP/JPY Price Outlook: Critical Levels to Consider

Today, USD/JY has printed its highest levels in two months meanwhile, GBP/JPY outlook still bearish. Here are the significant technical levels traders on those pairs may need to monitor


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Gold Price and Silver Technical Outlook Post-FOMC Turns Negative

The FOMC cut rates yesterday by 25-bps as expected and find themselves today with sellers in charge, gold on the verge of reversing a recent wedge-break.


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EURUSD Slides to Two-Year Low, Oversold Signal Flashing

EURUSD is trading at lows last seen over two years after breaking noted support at 1.1107. While the outlook remains weak for the pair, the market is flashing a short-term oversold signal.


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Sterling (GBP) Expected to be the Most Volatile Currency Amid Bank of England Risk

All eyes on BoE for GBP traders as they provide their latest forecasts. BoE to remain cautious amid rising risks of a no-deal Brexit.


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