British Pound May Fall on Industrial Data Ahead of UK Election

The British Pound may suffer heading into the UK election if local industrial and GDP data inflame BoE rate cut bets ahead of the UK election.

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USD/CAD Forecast: Post NFP Rebound Unravels Amid Hopes for USMCA

USD/CAD pares the advance following the US Non-Farm Payrolls (NFP) as Congress appears to be on track to pass the United States-Mexico-Canada Agreement (USMCA).

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US Dollar, London Increase Currency Market Dominance, Yuan Stagnates

The politics of the US and UK may be starkly divided but their grip on the vast, $6.6 trillion global foreign exchange trade seems as tight as ever.

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Australian Dollar Outlook in AUD/USD, AUD/JPY After China CPI

The Australian Dollar is vulnerable to volatility on the Fed and UK General Election after Chinese CPI data surprised higher. I discuss the technical outlook in AUD/USD and AUD/JPY.

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NZD/USD Rate Forecast: RSI on Cusp of Offering Textbook Sell Signal

NZD/USD pulls back from the monthly high (0.6576) and the RSI may offer a textbook sell-signal as the oscillator struggles to hold in overbought territory.

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Canadian Dollar Prices Focus on USMCA Deal Bets as AUD Declines

The Canadian Dollar rose as USMCA deal bets trimmed pessimism over last week’s dismal jobs report. This is as the Australian Dollar declined alongside the S&P 500 later in the day.

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UK General Election Preview: Everything You Need to Know

The UK election is expected to generate significant volatility for GBP/USD. As it stands, polls suggest a Conservative majority, which is expected to push GBP/USD higher.

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Bitcoin Price Forecast: Bulls Retreat as BTCUSD Threatens Breakdown

Bitcoin has continued higher after its brief stint beneath support, creating a series of higher lows that could suggest BTC is headed higher in the near term. Still, the broader outlook is concerning.

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Canadian Dollar Outlook: USD/CAD Bears Emerge, but Can they Drive?

The Dollar has pared a portion of the post-NFP rally against Loonie with price holding downtrend resistance. Here are the levels that matter on the USD/CAD weekly chart.

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US Dollar Returns to Resistance Ahead of CPI, FOMC

It could be a big week for the US Dollar with both CPI and FOMC on the radar. But will USD-bears be able to continue driving?

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Stock Market Crashes: Current Climate Compared to Prior Conditions

The stock market has rallied into the last months of the year, but 2019 was not without its turbulence and many pundits still fear a total collapse. But are those fears justified with stocks at rec...

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GBP/USD Calm Before the Storm, EUR/USD Eyes Resistance - US Market Open

GBP/USD benefits from weekend opinion polls on election week. Euro becoming an attractive funding currency.

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Gold Price Holds Key Support Ahead of a Big Week for Global Markets

Gold prices softened with the Friday rally in the US Dollar; but the US currency will remain on center-stage this week around FOMC and CPI.

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EURUSD Forecast Top Risk Between Fed and ECB, Pound and AUDUSD Risk Volatility

There are a few, high-profile and high-potential themes meeting critical events or deadlines over the coming week. With events like the Fed and ECB rate decision as well as time tables for a UK ele...

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British Pound Rallies as Boris Johnson Remains in Poll Place - Webinar

It is starting to look likely that UK PM Boris Johnson will not only remain in No.10 but will also hold a working majority in the Houses of Parliament.

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Sterling (GBP) Analysis - GBP/USD Rally Continues on Latest Poll Boost

The latest UK opinion polls continue to show the Conservative Party gaining a working majority at Thursday’s election, pushing Sterling ever higher.

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Weekly Euro Forecast: December ECB Meeting Caps Off Quiet Year

Rates markets expect ECB interest rate policy to remain stagnant for several months. Overall, 2019 was a year to forget, producing the tightest six-month trading range in EUR/USD history.

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Euro, USD May Fall if Trade Wars Inspire ECB, Fed Rate Cuts

The Euro and US Dollar may fall if escalating US-China and EU-US trade war risks inflame ECB and Fed rate cut bets beyond this week’s rate decisions from both central banks.

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Crude Oil Prices May Retreat Before FOMC, UK Election

Crude oil prices may pull back after hitting a seven-week high as markets position for the FOMC rate decision and the UK general election.

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Gold Price Continues to Test for Support Ahead of FOMC Meeting

The price of gold may continue to test for support ahead of the FOMC meeting as the US Non-Farm Payrolls (NFP) report encourages traders to boost their appetite for risk.

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