Nasdaq 100 Forecast: Bulls Look to Hold Support as Index Turns Lower

The Nasdaq 100 will look to hold above support that has become crucial in warding off further losses, but volatility remains significantly above historical averages.

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US Dollar Forecast: DXY Above 100 as USD Surges Despite Fed Action

The DXY Index soars past the 100.00 mark to notch its highest reading since April 2017. Amid deepening coronavirus woes, will US Dollar dominance endure despite dovish Fed measures taken?

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US Dollar Rises, British Pound (GBP) Drops to 1985 Low, London Set for Lockdown - US Market Open

US Dollar is king as panic selling persists. GBP/USD hits 1985 low as coronavirus is expected to put London on lockdown.

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Euro Struggles to Hold EUR/USD 1.1000 Against a Rampant US Dollar

The ECB needs to come back to the table with new measures to help restore confidence against a wide range of assets. EUR/USD has another foe, a surging US Dollar.

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DAX 30, Euro Stoxx 50 Outlook: Europe Heading Towards a Recession

Coronavirus spread to push Europe into a recession. DAX at risk of deeper retracement. Euro Stoxx 50 Eyes 2000 Level

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Crude Oil Price Crushed to a 17-Year Low as Global Recession Fears Grow

US crude oil's slump continues and currently trades around $26/bbl. as the coronavirus pandemic destroys global economic activity.

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British Pound (GBP) Latest: Sterling and FTSE Weakness Set to Persist

The flight from UK assets continues on fears that the economic impact of the coronavirus pandemic will outweigh attempts by the UK Chancellor to mitigate its effects.

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Euro Outlook Bleak as Eurozone Governments Shut Down Borders

The Euro may face additional selling pressure after key German data sent a chilling message as the European Union closes its borders to contain the coronavirus.

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Crude Oil Price War, Coronavirus Fears Put 4-Year Low in Focus

Crude oil prices were steadier through Asia’s Wednesday but have still been in effective free-fall this month as the coronavirus and its attendant Saudi/Russian price war take a toll.

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Can Coronavirus Helicopter Money Bring Markets Back to Life?

Investors in stocks, commodity currencies and energy have been praying for a massive fiscal bazooka to combat the virus effects. It looks like they’re going to get it.

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Gold Price Rebounds from Key Price Zone as Fed Deploys Credit Facility

The price of gold attempts to retrace the decline from earlier this month as the Federal Reserve establishes a Primary Dealer Credit Facility (PDCF).

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and opens the door to violent volatility – and trading opportunities.

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AUD/USD Rate Clears 2008 Low Ahead of RBA Announcement

AUD/USD takes out the 2008 low (0.6006) and the exchange rate may continue to exhibit a bearish behavior as the Relative Strength Index (RSI) sits in oversold territory.

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USD/CAD Rises Towards 2016 High. Dollar Rallies and Crude Oil Falls

The Canadian Dollar and crude oil prices are approaching their weakest points since 2016 amid the coronavirus outbreak. The US Dollar soared on haven demand and may continue gaining.

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NZD/USD Price Outlook: Fiscal Response Boosts Kiwi, Can it Rally?

The Kiwi enjoyed a boost yesterday after the New Zealand government offered a significant fiscal response that helped soothe fears regarding the country’s economy, but gains may be short-lived.

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US Dollar, S&P 500 Surge as VIX Retreats, FX Volatility Climbs

The S&P 500 notched a 6% rally was accompanied by a spike in the US Dollar during Tuesday’s trading session as FX volatility remained elevated despite a pullback in the VIX Index.

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Canadian Dollar Price Outlook: Loonie Crushed, USD/CAD Explodes

The US Dollar has surged over the past couple of weeks and, when combined with CAD-weakness, USD/CAD has shown an aggressive bullish breakout.

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ASX 200 & Nikkei 225 Price Outlook: Stocks and Sentiment Steady, For Now

Stocks marched higher on Tuesday after suffering their second worst daily performance on record. With governments eager to shore up their respective economies, where are equities headed?

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US Dollar Soars as USD/JPY Rips, EUR/USD, GBP/USD & AUD/USD Flop

The US Dollar recoils to multi-year highs after spiking 5% higher since March 10 as the coronavirus pandemic sparks a dash for cash and weighs on USD/JPY, EUR/USD, GBP/USD and AUD/USD price action.

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European Stock Exchanges Ban Short-Selling, Massive Stimulus Needed

The coronavirus continues to roil global financial markets with some European Bourses clamping down on short-selling. Governments need to go ‘all in’ immediately to prevent further economic meltdown.

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