GBP/USD & EUR/USD Rise, USD Dips, Chinese Virus Outbreak Raises Concerns - US Market Open

Global equities dip on China’s virus outbreak, while Euro and Sterling rise on stronger data.

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US Dollar Pulls Back from Resistance Test: AUD/USD, GBP/USD

US markets are returning from an extended holiday weekend, and the ECB and BoC are set to offer rate decisions this week.

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China Virus Fears Knock Risk Sentiment | Webinar

Concerns about the coronavirus outbreak in China have damaged market confidence but the impact so far has been minor and there is unlikely to be a long-term effect.

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British Pound (GBP) Latest: Brexit Defeats for Johnson in House of Lords

GBP/USD will likely continue to trade around 1.30 near-term despite three Brexit defeats for the UK Prime Minister in Parliament and continuing speculation that UK Bank Rate will be cut.

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Gold Price Forecast - XAU/USD Hits a Two-Week High as Risk Markets Crack

The price of gold (XAU/USD) has been boosted in early turnover by a wave of risk-off sentiment in the global markets on increased fears that the deadly coronavirus is spreading further.

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Euro May Rise on ZEW Survey and Davos Forum Opening

The Euro may rise if comments from the World Economic Forum in Davos, Switzerland cool ECB rate cut bets against the backdrop of favorable German ZEW data.

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Crude Oil Prices Slip. Coronavirus Fears, HK Rating Cut Sap Risk Appetite

Crude oil prices retreated in Asia along with those of other growth-correlated assets as some new problems surfaced to darken what had been a bright new year outlook.

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Gold Price Eyes Monthly High as RSI Continues to Track Upward Trend

The price of gold may continue to retrace the decline from the monthly high ($1611) as the Relative Strength Index (RSI) tracks the upward trend from December.

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US Dollar May Fall vs NOK, SEK on Davos Forum, Growth Outlook

The US Dollar may fall against the Swedish Krona and Norwegian Krone if commentary from officials at the Davos forum uplift market mood and pressure haven-linked currencies.

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Yen Up As WHO to Meet on Coronavirus

The Japanese Yen caught a bid as did other haven assets as the World Health Organizations said it would meet Tuesday to discuss the outbreak which has seen cases as far from China as Japan and Thai...

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AUD/USD, NZD/USD Outlook Looks Past Stocks to Rate Cut Bets

The Australian Dollar and New Zealand Dollar tend to rise with stocks. They have recently fallen despite gains in the S&P 500. What does this mean for AUD/USD and NZD/USD ahead?

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USD/CAD Rate to Take Cues from Bank of Canada (BoC) Forward Guidance

The Bank of Canada (BoC) interest rate decision may influence the near-term outlook for USD/CAD as the central bank remains reluctant to reverse the rate hikes from 2018.

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Japanese Yen May Fall on EU-US Trade Truce as JPY Looks Past BoJ

The anti-risk Japanese Yen may fall if Asia stocks rally on the EU-US trade truce, looking past the Bank of Japan. Technicals seem to point towards near-term JPY strength however.

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USD Forecast: FOMC & Trade Deal to Hinder US Dollar Rebound

Fundamental outlook for the US Dollar remains unfavorable considering the Fed plans to keep inflating its balance sheet while markets grow exuberant and frothy amid an absence of volatility.

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Dow Jones, Nasdaq 100, DAX 30 Forecasts for the Week Ahead

A trade deal signing coupled with a string of earnings from the country’s largest banks saw the Dow Jones drive to new records. Can stocks maintain this pace without further catalysts?

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IMF Predicts Modest Global Growth; US GDP to Fall in the Next 2 Years

Global growth is projected to rise to 3.3% in 2020 from 2.9% in 2019, according to the latest IMF World Economic Outlook, slower than previously expected.

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UK Market Webinar: GBP/USD, EUR/GBP and FTSE all Eye UK PMIs

UK financial markets are trading sideways in thin turnover as traders’ thoughts turn to the all-important UK PMI releases at the backend of the week.

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Weekly Crude Oil Forecast: Searching for Stability

Energy markets have had a volatile January so far, defined by the ebbs and flows of the geopolitical tensions between the US and Iran.

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S&P 500 Hits Record, USD Up. JPY, CAD, EUR Outlook Eye Rate Decisions

The S&P 500 sets record highs but forex volatility remains low. Will the Bank of Japan, the Bank of Canada and the European Central Bank awake the Yen, Canadian Dollar and Euro? The IMF and World E...

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Bitcoin (BTC) Price Rally Cracks, Hit by Weekend 'Flash Crash'

The recent Bitcoin (BTC) rally was bought to a shuddering halt over the weekend as the dominant cryptocurrency fell over $500 in less than one hour.

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