Strait of Hormuz: The World's Most Important Oil Chokepoint

With over a third of global seaborne crude oil and a fifth of oil traded worldwide flowing through the Strait of Hormuz, this narrow nautical channel may be the world’s most important chokepoint.

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Crude Oil Prices May Idle as the FOMC Regains the Spotlight

Crude oil prices may pause to digest after explosive gains at the start of the week as traders turn skittish about overcommitting ahead of the FOMC interest rate decision.

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Euro Braces for ECB, Draghi. US Dollar Eyes CPI Data

The Euro and US Dollar will be closely watching commentary from ECB officials, German ZEW and US Industrial production data. But volatility may be tamed by upcoming FOMC meeting.

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Stocks Mostly Lower As Oil Price Surge Holds After Saudi Attracks

Risk appetite remained capped by geopolitics as investors counted the cost of elevated oil prices and weighed the chances of them enduring

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Asia FX Markets Eye RCEP Trade Talks as Regional Growth Sputters

Asia FX markets will be closely watching for developments in the ongoing China-led RCEP trade negotiations against the backdrop of slower global growth and rising protectionism.

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Australian Dollar Wilts. RBA Keeps Rate-Cut Prospects Very Much Alive

The minutes of the last Reserve Bank of Australia monetary policy meeting found the central bank resolved to keep all options on the table.

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Gold Price Forecast: All Eyes on Fed Rate Decision, Forward Guidance

Fresh updates from the Federal Reserve may push market participates to hedge against fiat currencies as the central bank is expected to implement another 25bp rate cut.

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US Dollar Price Volatility Report: September Fed Meeting on Deck

The long-awaited September Fed meeting is now just hours away. What does US Dollar volatility convey about the central bank's upcoming interest rate decision?

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FX Week Ahead - Top 5 Events: September BOE Meeting & GBP/USD Rate Forecast

The September BOE meeting results will be released on Thursday, September 19 at 11:00 GMT, but with the Brexit talks ongoing, rates should stay on hold.

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FX Week Ahead - Top 5 Events: Q2'19 New Zealand GDP & NZD/USD Rate Forecast

The Q2’19 New Zealand GDP report will be released on Wednesday, September 18 at 22:45 GMT and forecasts suggest a slowing rate of growth.

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Euro Price Outlook: EUR/USD Breakout Targets- Battle Lines Drawn

Euro reversed off downtrend resistance last week with the decline now challenging monthly open support. Here are the levels that matter on the EUR/USD price charts.

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Crude Oil Prices Threaten Major Breakout - How Will USD/CAD Respond?

Oil prices exploded higher at the market open on Sunday after a weekend attack on a Saudi Arabian processing facility knocked over 5% of the global oil supply offline.

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Gold Price Outlook: Gold Clings to Support Ahead of the Fed

Gold prices continue to grasp for support around the 1500 level. But will buyers kick-in that next bullish wave ahead of the Fed?

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Weekly British Pound Forecast: Inflation Report Due Ahead of BOE Meeting; Brexit Talks Ongoing

As Brexit talks persist, the BOE remains sidelined. And with the UK parliament prorogued, all attention is on UK PM Johnson's talks with his EU counterparts.

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

It was a climactic outing for both the US Dollar and the Euro last week, and this week's FOMC rate decision can keep the volatility flowing.

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Crude Oil Explodes Higher, CAD and JPY Gain - US Market Open

Crude oil futures saw a record spike higher at the Asia open, with Brent crude gapping higher by 18% to hit 4-month highs. In typical fashion, oil-sensitive currencies benefitted.

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Fed Expected to Keep Risk Appetite Running After ECB, Trade Wars

The fundamental pressure will not ease up over the coming week, but momentum behind a distinct trend is not guaranteed. Risk appetite has benefit an improved view of trade wars and the help offered...

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Sterling (GBP) Price Outlook: Brexit, Prorogation and BoE All in The Mix

GBPUSD is expected to remain volatile this week as Brexit meetings collide with the Bank of England and the question of whether prorogation is legal or not.

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DailyFX PLUS Content Now Available Freely to all DailyFX Users

DailyFX now offers all DailyFX+ content freely to all web users.


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Gold Price, Silver Price Jump After Saudi Arabia Oil Field Attacks

Gold and silver turned sharply higher after the weekend’s drone attacks on Saudi oil fields saw tensions in the area ratchet higher with US President Donald Trump warning Iran that he is ‘locked and loaded’.


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