Euro May Hold Up vs US Dollar Despite Worrying Technical Cues

EUR/USD may be able to hold onto its uptrend despite negative RSI divergence hinting that upside momentum is fading. Will fundamental factors work in the pair’s favor?

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Crude Oil Prices See Some Profir Taking As US, European Data Approach

Crude oil prices rose sharply after stronger-than-expected US labor data and on enduring trade deal hopes. Now manufacturing data are nervously awaited, as are the new ECB President’s first words i...

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EUR/USD Correction Remains in Focus Ahead of ISM Non-Manufacturing

EUR/USD trades near the October-high (1.1180) ahead of the ISM Non-Manufacturing survey, with the Dollar susceptible to the weakness in business sentiment.

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US Dollar Outlook: SGD, PHP, IDR, MYR May Gain on Capital Inflows

The US Dollar may continue weakening against the SGD, PHP, IDR and MYR as long as US-China trade deal hopes keep rising, fueling capital flows into emerging market assets.

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Crude Oil Prices, NOK, SEK Brace for Data Cascade, OPEC Outlook

Crude oil prices, the Swedish Krona and the petroleum-linked Norwegian Krone may convulse ahead of a data-packed week against backdrop of the Riksbank minutes and key EU economic forecasts.

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Gold Price Forecast: Bull Flag Takes Shape as RSI Breaks Out

A bull-flag formation continues to take shape as the price of gold attempts to break out of a narrow range, with the RSI highlighting a similar dynamic.

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US Dollar, Yen Sank as S&P 500 Hit Record. AUD 2018 Trend Line Eyed

The anti-risk US Dollar and Japanese Yen fell as China PMI, US jobs data and trade deal hopes pushed the S&P 500 to another record. The AUD/USD downtrend may be overturned.

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Weekly Gold Price Forecast: Bullish Outlook Improves as Fed Eliminates Rate Hike Potential

With G10 currencies’ central banks continuing to slash interest rates amid weak global growth conditions, gold prices have a strong fundamental base.

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Has the S&P 500’s Forecast Recharged Risk Appetite Across the Financial System?

here were a few fundamental highlights this past week such as the news that the US and China may have reached an agreement in principle for its Phase One deal. Yet, that silver lining was the excep...

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Dow Jones and FTSE 100 Forecast for the Week Ahead

Dow Jones looks to an all-time high. However, focus is on ISM Non-Manufacturing survey, while FTSE 100 fails to extend gains.

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GBP/USD Rate Recovery to Persist If BoE Alters Forward Guidance

Fresh updates from the Bank of England (BoE) may fuel the recovery in GBP/USD if the central bank alters the forward guidance for monetary policy.

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US Dollar (USD) Outlook Remains Focussed on US-China Trade War

The next 25 basis point US rate cut is not fully priced in until mid-2020. And that won’t please President Trump who wants further rate cuts now.

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Crude Oil Prices May Fall on OPEC Outlook Despite Fresh Iran Risks

Crude oil prices may suffer after OPEC publishes its World Oil Outlook against the backdrop of shaky US-China trade talks. Will renewed Iran risks be able to thwart a selloff?

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AUD Could Make Further Gains If RBA, US-China Trade News Permit

The Australian Dollar rose to three-month highs as October bowed out, boosted by hopes for more monetary stimulus. Trade worries dragged it back but may yet be overcome.

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US Dollar Outlook: Implied Volatility & Trading Ranges for Next Week

Check out the latest US Dollar options-implied trading ranges on major USD currency pairs with ISM Services PMI, initial jobless claims, consumer credit and sentiment data due for release next week.

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Stock Market November Forecast: History Suggests Volatility is Overdue

A distinct lack of volatility last month, typically the most volatile month on the calendar, could see November attempt to compensate as stocks trade at record levels.

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Canadian Dollar Outlook: USD/CAD Slams into Resistance- Loonie Levels

The Canadian Dollar is on the defensive into open of November trade with USD/CAD driving into downtrend resistance. Here are the levels that matter on the Loonie charts.

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Rate Cut Odds Shift After Fed, BOC, BOJ Meetings - Central Bank Watch

The Federal Reserve delivered its rate cut, and while hinting at a pause in the cut cycle, Fed Chair Powell made clear no rate hikes are coming any time soon.

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US Dollar Gives Back NFP Gains After ISM Manufacturing PMI Miss

The US Dollar pivoted back to session lows and erased all earlier NFP-related gains following the October ISM Manufacturing PMI report that missed expectations.

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US Dollar Bounces on NFP: EUR/USD, GBP/USD, USD/JPY

A weak US Dollar caught a bounce after the release of Non-Farm Payrolls but sellers came right back into the mix to take advantage of that run.

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