Beware a S&P 500 and Dollar Tumble as Trade Wars Escalate

This past week ended in a precious position: the markets were starting to gain traction on a reversal in risk trends and the principal threats were only building. Beware trade wars and the state of risk appetite this week.


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FX Week Ahead - Top 5 Events: July Canada Jobs Report & USD/CAD Rate Forecast

The July Canada jobs report is due out on Friday, August 9 at 12:30 GMT, and the data are expected to show another solid pickup in the labor market.


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FX Week Ahead - Top 5 Events: Q2’19 Japan GDP & USD/JPY Rate Forecast

The Q2’19 Japan GDP report is due out on Thursday, August 8 at 23:50 GMT, and the data are expected to show a sharp slowdown in growth.


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FX Week Ahead - Top 5 Events: August RBNZ Meeting & NZD/USD Rate Forecast

The Reserve Bank of New Zealand meets on Wednesday, August 7 at 02:00 GMT; rates markets are pricing in a 99% chance of a 25-bps rate cut.


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FX Week Ahead - Top 5 Events: August RBA Meeting & AUD/USD Rate Forecast

The Reserve Bank of Australia meets on Tuesday, August 6 at 04:30 GMT; rates markets are pricing in a 91% chance of the main rate staying on hold.


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Nasdaq 100 Price Outlook: Unfilled Gaps Threaten the Index’s Rally

An escalation in the US-China trade war has put the tech-heavy Nasdaq 100 at risk and unfilled gaps from the recent rally could exacerbate losses if support gives way.


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US Dollar Threatens False Breakout after Fed Meeting, Trump Tariffs, US NFP - Central Bank Weekly

The DXY Index broke out to a fresh yearly high earlier this week, although price action on Friday is suggesting that a false breakout has transpired.


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Gold Price Targets: Weekly Reversal Testing Resistance at Yearly High

Gold prices are poised to mark the largest advance in six-weeks with price now challenging the yearly highs. Here are the levels that matter on the XAU/USD weekly chart.


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US Dollar Falls From Two-Year-Highs, Can Bears Continue to Drive?

It's been a busy week of drivers and the US Dollar put in a nasty reversal after setting fresh two-year-highs. Can bears continue to drive the DXY lower?


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USD/JPY Price: How US Dollar May Keep Falling against Japanese Yen

Today, US Dollar has traded its lowest levels in eight months against Japanese Yen. Here are the key levels where USD/JPY traders may need to be careful.


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US Dollar Edges Higher as July US NFP Comes in at Consensus

The July US Nonfarm Payroll report came in at 164K while the unemployment rate edged higher to 3.7%.


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USD, EURUSD, GBPUSD & More – Charts for Next Week

Looking ahead to next week, the Dollar looks like it might be set up to trade lower against several major currencies.


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Dow Jones Hammered From Resistance, Watch Trend Support

The Dow is rolling over from a long-term slope, trend support is lower; big-picture chart pattern on radar...


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US NFP Preview: Overshadowed by Trump’s Tariff Hike

The monthly US Labour figures will be closely watched, as ever, but today’s release comes against a gloomy backdrop of heightened US-China trade tensions.


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Canadian Dollar Outlook: USD/CAD a Break above 1.3200 price – What is Next?

Yesterday, USDCAD tested its highest levels in six weeks. The buyers push the price even higher, however they may need to pay extra attention to these levels


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Markets Brace For Trump Announcement, GBPUSD Sees Small Rebound

Focus today will be on NFP and US employment data but markets will also keep a close eye on an announcement to be made by Donald Trump on trade relationships with the EU


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EUR/CHF Outlook: Beware of SNB Currency Intervention

Concerns are mounting for the SNB who are witnessing a further appreciation in the Swiss Franc, which trades at a fresh 2yr high against the Euro.


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EURUSD Technical Analysis: Breakdown Eyes Support Below 1.10

The Euro appears to have decisively resolved a conflicted chart setup in sellers’ favor, with prices now poised to challenge support below 1.10 against the US Dollar.


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Crude Oil Price Slumps After US Increase Chinese Trade Tariffs

The US-China trade war took another negative turn Thursday after US President Donald Trump announced that he would be slapping a 10% tariff on an additional $300 billion of Chinese imports at the start of next month.


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US Dollar May Rise on Trump EU Trade Announcement

US Dollar traders will be closely watching US President Donald Trump’s announcement on EU trade and the publication of non-farm payroll data.


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