EUR/USD Latest: Eurozone Economy Slows as Inflation Weakens Even Further

EURUSD struggles to find buyer support as Eurozone data continues to show signs of weakness in the economy

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British Pound Latest: Sterling (GBP) Price Rally as The UK Leaves The EU

Sterling opens the session on a positive note, taking heart from the BOE decision yesterday to keep UK rates unchanged. And tonight, the UK finally leaves the EU after three-and-a-half years of wra...

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Euro, DAX May Rise on Eurozone GDP Data as Growth Stabilizes

The Euro may rise with Germany’s DAX equity index as economic data continues to show signs of regional stabilization despite coronavirus fears.

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Crude Oil Prices Gain as WHO Stops Short Of Advising Travel Ban

Crude oil prices crept higher in the Asian session as, despite declaring the spread of coronavirus a global emergency, the World Health Organization did not recommend draconian travel restrictions.

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Commodity Dollars, Stocks, Energy Will See Worst Coronavirus Hit

The spread of coronavirus promises a global economic hit at a time when the global economy is perhaps especially ill-equipped to deal with one. Growth-correlated assets are vulnerable.

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Australian Dollar Unphased by China PMI as AUD Eyes Coronavirus

The Australian Dollar shrugged at the release of Chinese PMI data as the cycle-sensitive currency focuses on the coronavirus and the impact it has on Asia – the primary destination of Australia’s c...

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GBP/USD Soars on BoE, Yen at Risk After WHO Coronavirus Conference

The British Pound and GBP/USD soared after the Bank of England left rates unchanged. S&P 500 futures hint the Yen may fall after the WHO coronavirus conference calmed markets.

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Canadian Dollar Forecast: USD/CAD Outlook Bolstered as Resistance Fails

The Canadian Dollar slipped versus USD in January as the pair broke through various levels of resistance. With the event risk of the Fed passed, can the USD/CAD rally continue?

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Dow Jones, Nasdaq 100, S&P 500, Gold Price Outlook: Eyes on Fed Repos

The Dow Jones, Nasdaq 100, S&P 500 and gold prices rallied in 2019 on US-China trade deal bets and a swelling of the Fed’s balance sheet. What is the road ahead for 2020 from here?

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S&P 500, US Dollar Pressured as Treasury Yield Curve Inverts (Again)

The US Treasury yield curve has inverted once again along the 10-year and three-month maturities, which may foreshadow a major reversal lower in the S&P 500 and US Dollar.

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Australian Dollar Price Outlook: AUD/USD Breaks Down, Nears Key Support

AUD/USD is nearing a test of a critical support zone around the same price that thwarted sellers four different times last year. Can bears break through?

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USD Drops After FOMC; British Pound Pops on BoE, GBP/USD Breaks Out

It's been a busy day in global markets as yesterday's FOMC rate decision led into this morning's Bank of England rate meeting.

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Bank of England Leaves UK Bank Rate at 0.75%, GBP May Weaken Further

The Bank of England has left UK Bank Rate at 0.75% but the move is unlikely to end the downward pressure on GBP/USD.

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Gold Price Forecast: Potential XAU/USD Breakout as Virus Fears Escalate

The price of gold is nearing near-term resistance which, if broken convincingly, could lead to a larger rally in the short-to-medium term. All eyes on global coronavirus updates.

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Canadian Dollar Forecast: Key USD/CAD Levels to Watch

Canadian Dollar continues to fall amid the coronavirus concerns. However, key resistance has capped USD/CAD upside for now.

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British Pound (GBP) Latest: Weakness Ahead, Rate Decision Evenly Balanced

The decision today by the Bank of England on whether to cut UK interest rates could go either way but GBP/USD is in a downtrend that may well continue either way.

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British Pound May Fall on BoE Rate Decision, Brexit Concerns

The British Pound may suffer if the BoE radiates unexpectedly dovish overtones and pressures GBP/USD against the backdrop of US GDP data and robust Amazon Q4 earnings.

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Stock Markets May Struggle Even If Coronavirus Fears Subside

Global stock markets may continue to struggle even if worries about the ongoing Wuhan coronavirus subside. The unrivaled liquidity of the US Dollar may see it capitalize.

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Gold Prices Rise Again as Market Eyes Next WHO Coronavirus Meet

Gold prices were higher again, while crude oil prices headed lower as fears about the spread of coronavirus continue to dominate global markets.

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Australian Dollar Outlook: AUD/USD, AUD/JPY at Risk to Long Bets

The Australian Dollar is at risk to declines against the US Dollar and Japanese Yen, with trader positioning supporting the downside scenario for AUD/USD and AUD/JPY after the Fed.

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