Gold Price, Silver Price Shakeout Has Not Changed Fundamental Background

Gold and silver gave back a chunk of their recent gains Thursday as markets turned risk-on on US-China trade talk headlines/ADP numbers. Today’s US Labor report (NFP) will be of more immediate interest, especially ahead of the September 18 FOMC meeting.


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GBP/USD, EUR/USD Expected to be the Most Volatile Currencies Next Week

Once again, the Pound is expected to be the most volatile currency next week as the turbulent nature of UK politics continues to take focus. EUR/USD eyes ECB risk event.


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NZD/USD Technical Analysis: Trend Still Points Down After Rebound

The New Zealand Dollar price trend still looks bearish despite the currency’s spirited recovery against its US counterpart, with long-term weakness flagged ahead.


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Euro May Rise vs US Dollar if Jobs Data Boosts Fed Rate Cut Bets

The Euro may rise against the US Dollar if US nonfarm payrolls data undershoots expectations and boosts the case for more accommodative Fed monetary policy.


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Asian Stocks Rise Again As Trade Hopes Stick, China Telcos Lead

There was yet more green on the screens in Asia Friday as investors remained hopeful of US-China trade progress when the two sides meet next month.


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Gold, Crude Oil Prices at Risk if US Jobs Data Cools Rate Cut Bets

Gold and crude oil prices may be pressured if upbeat US employment figures cool Fed interest rate cut prospects, souring sentiment across markets pining for stimulus.


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S&P 500 Breakout and GBPUSD Rally That Should Draw Your Scrutiny

With some questionable motivation through trade war developments, the S&P 500 has put in for a provocative break before Friday NFPs. Meanwhile, temptation of a GBPUSD reversal builds, but remember Brexit.


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EUR/GBP Downtrend May Reverse if No-Deal Brexit Risks Spike

EUR/GBP’s downtrend may reverse next week if no-deal Brexit risks spike and prompt a selloff in the British Pound. However, the sporadic nature of the UK-EU divorce could shatter the technical set up.


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AUDUSD Breakout Brings Former Support Zone on Radar

AUDUSD looks poised to test the former support zone around 0.6850 to 0.6880 as the exchange rate extends the series of higher highs and lows from earlier this week.


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US Recession Watch, September 2019 - Growth Weak Even as US Treasury Yield Curve Steepens

There is a 38% chance of a recession hitting the United States within the next 12-months, according to the NY Fed Recession Probability Indicator.


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Gold Prices Snap Back to Support Ahead of NFP - Will Bulls Respond?

Gold prices have pulled back with aggression this morning, but a bit of support has already shown. Will Gold bulls push through tomorrow's NFP report?


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Silver Price Rally Hits Wall - Key Levels for Reversal in XAG/USD

With the US-China trade war back in détente, US Treasury yields have jumped sharply, reducing the safe haven appeal of precious metals.


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EUR/USD, EUR/JPY Reversals Gather Pace - Are the Downtrends Finished?

The Euro hasn’t gotten a lot of attention recently as traders have been distracted by Brexit and the US-China trade war. That could soon change.


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Euro Price Chart: A Low in EUR/USD? Technical Trade Outlook

Euro reversed off downtrend support at fresh yearly lows- a fake out or the start of something bigger? Here are the levels that matter on the EUR/USD weekly chart.


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August ISM Non-Manufacturing Prints at 56.4, Beating Expectations

This morning brought the release of ISM Non-Manufacturing data to the tune of 56.4 v/s an expectation of 54.00.


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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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Turkish Lira Price: USD/TRY May Reverse Direction as Support Stands

Last Week USD/TRY printed its highest level in over two months however, the story this week looks entirely different. Here are the levels sellers may need to break below to keep leading the price.


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GBP/USD Rallies as Bears Take Cover, USD/JPY Tests Key Resistance- US Market Open

Sterling bears are drastically taking cover as the continued short squeeze propels GBP/USD through the 1.2300 handle. JPY on the defensive amid the boost in risk appetite.


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US Dollar Reversal Continues: EUR/USD, GBP/USD, USD/CAD

The US Dollar came into the holiday-shortened week with a full head of steam. But that's been soundly reversed. Tomorrow brings NFP and Canadian employment.


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Gold Price and Silver Outlook: Too High to Buy, Too Strong to Short

Gold is faltering at long-term resistance levels, while silver has continued to explode to new heights; a pullback is seen as likely and healthy.


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