Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.


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GBP/USD Dips, EUR/USD Eyes Italian Politics, AUD/USD Bounces on RBA - US Market Open

GBP/USD breaks below 1.21 as the EU rebuffs UK PM Johnson’s letter, while EUR/USD braces itself for Italian political risks.


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Oil Price Outlook: WTI Crude Oil Re-Tests Trendline Resistance

Oil prices have spent the past two weeks recovering from a support test at a bit zone. But, with trendline resistance now in play, can sellers take control?


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Dollar and Japanese Yen Charts: USDJPY, EURJPY, GBPJPY & More

The U.S. Dollar may be headed higher in general, but that doesn’t look to be the case against JPY; other JPY pairs posting bearish formations.


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EUR/CHF Outlook: SNB Steps up Currency Intervention

Since EUR/CHF has broken below the 1.1000 handle, the Swiss National Bank has stepped up its currency intervention in order to curb the appreciation in the Swiss Franc


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Gold Price and Silver Outlook Remain Constructive So Far

Thus far since peaking last week precious metals have weakened a bit and may weaken some more near-term, but overall price action suggests it is only a pullback.


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USD/CAD Price: Canadian Dollar against USD – What Next After Correction?

Last Week USD/CAD corrected lower emphasizing buyer’s indecision at this stage. Here are the levels buyers need to consider to reignite paused uptrend momentum.


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US Dollar Price Outlook: Is the USD Rally Becoming Stretched?

The US dollar continues to push higher against a backdrop of upcoming rate cuts and a US President who is looking for even more monetary loosening than the Fed is expected to offer.


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Currency Volatility: Euro Potentially Under-pricing Italian Political Crisis

Italian politics will take center stage for the Euro with Prime Minister Conte set to face a no-confidence after he addresses the Senate from 1400BST.


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GBPUSD Price Outlook Fragile as Boris Johnson Heads to Europe

UK PM Boris Johnson is off to Europe for meetings with French President Emmanuel Macron and German Chancellor Angela Merkel with Sterling traders watching events closely.


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GBPUSD Rate Rebound in Focus as RSI Climbs from Oversold Territory

Recent price action in GBPUSD raises the scope for a larger correction as the Relative Strength Index (RSI) bounces back from oversold territory.


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Euro Braces for Italian Political Volatility: Snap Election Ahead?

Euro traders may get jittery if Prime Minister Guiseppe Conte’s address to the Italian Senate revives fears of political uncertainty and the prospect of a snap election.


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Crude Oil Prices Eye Chart Barrier as Markets Weigh Fed, ECB Policy

Crude oil prices have run into four-month chart resistance as markets await cues from July’s FOMC and ECB meeting minutes as well as the Jackson Hole symposium.


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Stocks Applaud New China Rate Framework With Modest Gains

Most Asia Pacific stocks were in the green, if only just in some cases, as investors mulled new Chinese lending policies which could open the way to more monetary easing


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Australian Dollar Watchers Must Keep Labor Market Strength In Mind

The Australian Dollar has wilted as markets price in further rate cuts even as the OCR hovers at just 1%. Those cuts may come, but labor market strength may have to wane first.


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USDSEK, USDNOK Reach 17-Year Highs as Recession Fears Rise

USDSEK and USDNOK are both hovering at 17-year highs as US Dollar strength prevails in an environment of recessionary fears and uncertainty.


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Australian Dollar Focus Elsewhere as RBA Minutes Stick to Script

The Australian Dollar market already looks hunkered down for central banking’s heavyweights at Jackson Hole later this week. The latest set of RBA minutes were probably always going to struggle for attention.


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S&P 500 Third Biggest Bullish Gap This Year Doesn’t Resolve Key Themes or Fear

Risk assets opened the week with an impressive gap higher, but it would be more than premature to assign conviction to this bounce. With lingering concerns and backdated event risk, complacency is still best fit.


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NZD/USD Technical Analysis: Closing in on 19-Year Trend Break

The New Zealand Dollar is inching closer to breaking a 19-year rising trend against its US counterpart with a drop to the lowest level since early 2016.


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EURUSD Rate Eyes Monthly-Low as Germany Warns of Economic Slump

EURUSD extends the decline from the previous week and approaches the monthly-low (1.1027) as the Bundesbank, Germany’s central bank, warns of an economic “slump.”


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