Sterling Price Targets: Pound Reversal Tests Initial GBP/USD Hurdles

Sterling is outperforming the Majors vs US Dollar this week with the Pound recovery now probing initial targets. These are the levels that matter on the GBP/USD charts.


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Negative Yielding Government Bonds – What Are They Telling Us?

There is in excess of USD 16 trillion of negative yielding government debt (bonds) trading in the market at the moment. Every day investors hold these bonds, they lose money.


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Top 10 Trading Myths: Guest Commentary

A successful trader should be able to separate common trading myths from reality. Guest editor, Dr Gary Dayton explores the top 10 myths about trading...


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Gold Prices Maintain Uptrend, Eye Continuation Effort Around Jackson Hole

Gold prices have been trading sideways, in line with our gold price weekly trading forecast. But now that the Fed’s Jackson Hole summit is here, all that could change.


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Brexit Latest: GBP/USD Spikes on Merkel Comments - US Market Open

GBP/USD jumps to sessions highs on latest Merkel commentary. However, challenges remain going forward.


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US Dollar Price Outlook: EUR/USD, GBP/USD, USD/CAD, AUD/USD

The next two days are full of drivers with a slew of Fed speakers set to offer commentary; the big question is whether price action in USD poses a break.


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Euro Outlook: Italian Political Crisis Monitor - What Happens Next?

Italian President meets party leaders in order to form a new coalition, however, failure to do so could lead to the worst case scenario of an Autumn election.


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FTSE 100 Price Outlook: Sellers Trying to Gain the Upper Hand Again

The FTSE is relatively weak when compared to other major indices and postured for lower prices as an uninspiring bounce plays out.


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Euro Price Outlook: Eurozone PMIs Tick-Up But Growth Remains Weak

The latest set of IHS Markit PMIs picked-up from recent lows but Eurozone GDP is still likely to hit just 0.1% to 0.2% in Q3 while Germany looks to be heading into a technical recession.


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EUR/USD Technical Analysis: Euro Sellers Search for Spark

Euro sellers are looking for a spark to reignite momentum as prices struggle to sustain downside follow-through after retesting monthly floor.


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GBPUSD Price Outlook: Sterling Bulls Intrigued by Angela Merkel’s Comments

UK PM Boris Johnson‘s meeting with German Chancellor Angela Merkel went better-than-expected with Europe’s most powerful figure hinting that a solution to the Irish border backstop may be feasible.


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USD/JPY, GBP/JPY Outlook: Will Sellers Resume Bearish Price Action?

Since the start of this week USD/JPY and GBP/JPY has been trading ineffectively. Here are the levels the pairs need to clear to move in a clear direction


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Crude Oil Price Correction Stalls Ahead of Monthly-High

The failed attempt to test the monthly-high ($57.99) raises the risk for a further decline in the price of oil as crude tracks the downward trend from earlier this year.


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Euro May Fall on ECB Minutes, Jackson Hole and Eurozone PMIs

The Euro may fall against the US Dollar if ECB minutes carry ultra-dovish undertones and commentary from Jackson Hole spooks markets against the backdrop of Eurozone PMI data.


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Gold Prices Hint at Topping Before Jackson Hole Symposium

Gold prices may form a top if bearish technical cues find follow-through as all eyes turn to a speech by Fed Chair Powell at the Jackson Hole symposium.


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Stocks Mostly Down On Fed Minutes, Japan Data. NZD Pressured Too

Equity investors waited nervously for the Jackson Hole symposium to start. While they did, Japanese manufacturing disappointed once again


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USDTWD May Rise on Jackson Hole, Taiwan Jobs Data

The US Dollar may rise vs TWD if Taiwan jobs data misses estimates and comments from the Jackson Hole symposium stoke recession anxiety.


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Dollar Traders Heads Up: Jackson Hole and Global PMIs Threaten to Detonate Strained Markets

The FOMC minutes served up a jolt to the fragile balance between monetary policy and risk trends this past session, but anticipation for the upcoming PMI run and Jackson Hole Symposium curbed the market response. Will we see the move triggered Thursday?


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Japanese Yen Stays On Defensive As Markets Await Jackson Hole

The Japanese Yen has seen a fightback from more pro-cyclical assets this month.That has paused however, probably as markets await views from the world’s monetary monitors


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USDCAD Rebound Unravels Ahead of Fed Symposium Amid Sticky Canada CPI

USDCAD pullbacks ahead of the Fed Economic Symposium as Canada’s Consumer Price Index (CPI) comes in stronger-than-expected in July.


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