Brexit Briefing: EU Warning, Queen's Speech, Bank of England and GBP

Sterling continues to hold its ground after an EU warning that a no-deal Brexit would hurt the UK more than the EU; coming up, the Queen’s Speech and a central bank rate decision are unlikely to mo...

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Stocks May Turn Defensive with US Presidential Election Eyed

Global stocks may turn defensive as the calendar turns to 2020 and financial markets turn their attention to the outcome of the US presidential election.

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GBP, SEK, NOK Brace for BoE, Norges Bank and Riksbank Rate Decisions

The BoE, Norges Bank and Riksbank are all announcing their rate decisions, but British Pound, Swedish Krona and Norwegian Krone traders primarily have their eye on one – and it’s not what you think.

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NZD/USD Correction Unravels as RSI Falls Back from Overbought Zone

Recent developments in the Relative Strength Index (RSI) warn of further losses in NZD/USD as the oscillator falls back from overbought territory.

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Gold Prices Gain as Trump Impeachment Takes Over From Trade Worries

Gold prices maintained their bid on news that the US President will become only the third office holder to face trial in the Senate.

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EUR/USD Rate Forecast: RSI Offers Bearish Signal

EUR/USD carves a fresh series of lower highs and lows, with the RSI offering a bearish signal as the oscillator snaps the upward trend carried over from November.

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Australian Dollar Gains. Job Creation Returns to Health, Smashes Forecasts

The Australian Dollar got a boost as November's employment data came surging back to form. The RBA is closely watching this series, strength here may make lower rates less likely.

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Canadian Dollar Rose With Crude Oil Prices, Will Yen Look Past BoJ?

The Canadian Dollar gained on a combination of rosy local CPI data and rising crude oil prices. The anti-risk Japanese Yen may look past the Bank of Japan in favor of market mood.

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NZD/USD Rises after Upbeat GDP Report Tampers RBNZ Cut Odds

New Zealand GDP printed at 2.3% on a year-over-year basis, meeting expectations and beating expectations on a Quarterly basis at 0.7%

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US Dollar Outlook: GBP/USD, AUD/USD, USD/MXN Set for Volatility

The US Dollar is on pace to extend its rebound attempt,but the retracement higher may prove to be short-lived if support-turned-resistance hinders further upside. Meanwhile, GBP/USD, AUD/USD & USD/...

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Stock Market Forecast: Russell, EM Breakout May Suggest Another Rally

The Russell 2000 and emerging market equities were largely left behind during recent stock rallies, until a US-China phase one trade deal opened the door higher for both stock baskets.

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Canadian Dollar Outlook: USD/CAD Breakout Imminent– Loonie Levels

The Canadian Dollar has carved out a well-defined weekly opening-range just above the November lows. Here are the levels that matter on the USD/CAD technical charts.

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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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US Dollar Attempts a Comeback: EUR/USD, GBP/USD Give Back Gains

In the final full trading week of 2019 the US Dollar is attempting to stage a reversal to further claw back prior December losses.

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Dow Jones, Crude Oil & More: Indices, Commodity Technical Outlook

In today's session, we discussed the outlook of various indices and commodities as the year quickly comes to a close.

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Gold Price Outlook: Looking to Push Higher After Recent Consolidation

Gold is trading sideways to marginally higher, supported by all three moving averages. A clean break could bring $1,500/oz+ back into play.

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Brexit Briefing: GBP/USD Stabilizes Despite Doubts About Trade Talks

Sterling has steadied in the foreign exchanges even though Brussels is warning that only a basic free trade agreement between the UK and the EU can be reached by the end of 2020.

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EUR/USD Outlook Murky Ahead of German IFO Data, EU-US Tension

The Euro may fall against the US Dollar and cause EUR/USD to retreat from key resistance if German IFO data and EU-US trade tensions spook regional traders.

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Crude Oil Prices Slip As US Stock Build Puts EIA Data In Urgent Focus

Crude oil prices were hit by yet another unexpected stock rebuild in the US even as investors hope that reduced supply will meet rising demand if a US-China trade deal can fly.

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Gold Price Forecast: RSI Foreshadows Change in Behavior

Developments in the RSI instill a constructive outlook for gold and foreshadow a potential change in market behavior as the oscillator breaks out a bearish formation.

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