Surging US Dollar Hits a Wall; is a USD Unwind Underway?

The near-vertical climb in the US Dollar Index takes a breather as GBP/USD pivots higher, AUD/USD rebounds and USD/CAD ricochets off resistance. Is the US Dollar rally over?

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Dow Jones, S&P 500 Wary of Quadruple Witching Volatility - US Market Open

After historic making moves, Dow Jones, S&P 500 await quadruple witching induced volatility.

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British Pound (GBP) Latest: GBP/USD Rebound Looks Fragile After Wild Sell-Off

The British Pound is bouncing back against a weaker US dollar after an untamed sell-off saw the pair shed 18 big figures in just two weeks.

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EUR/USD Breaks Key Level as EU Growth Outlook Darkens

Amid an aggressive selling bout, EUR/USD plunged below a crucial support level as the spread of the coronavirus continues to lower Europe’s baseline economic growth outlook.

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Crude Oil Prices Up Despite Virus On Hopes US May Stem Price War

Crude oil prices got a lift from hopes the United States might at some point step in to calm the market conflict between key producers Russia and Saudi Arabia.

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US Dollar, Rupee Outlook: USD/INR Record Highs Eyed as Nifty Sinks

The US Dollar hit record highs versus the Indian Rupee. The Nifty 50 aims for its worst month since 2008 as the coronavirus complicates a fragile banking sector. USD/INR may rise.

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Norwegian Krone Plunges vs US Dollar, Euro on Covid-19 Outbreak

The petroleum-linked Norwegian Krone is the worst performing G10-currency this year and has plunged against the US Dollar and Euro amid a market-wide decline in risk-oriented assets.

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AUD/USD Remains Vulnerable as RSI Pushes Deeper into Oversold Zone

The current environment may keep AUD/USD under pressure especially as the Relative Strength Index (RSI) pushes deeper into oversold territory.

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Yen Sinks, USD/JPY Nears 2019 Peak. AUD/USD Gains on More RBA Stimulus

The Japanese Yen fell as the haven-linked US Dollar benefited the most amid global economic uncertainty as USD/JPY soared back towards the 2019 peak. AUD/USD gained on an RBA bond-buying plan.

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Canadian Dollar Forecast: USD/CAD Stalls Near 2016 High, Will it Reverse?

USD/CAD exploded higher this week as volatility surged and crude oil collapsed further. Now, the pair has slowed its ascent near the 2016 high and is showing signs of weakness.

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US Dollar Climbs as EUR/USD Eyes 2017 Low, USD/JPY & USD/MXN Explode

Another surge in the US Dollar is boosting the DXY Index toward three-year highs amid the coronavirus-driven cash crunch that’s steering EUR/USD lower while USD/JPY and USD/MXN rise.

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Gold Price Outlook: XAU Continues to Tank, Nears Seven Month Lows

Gold has gotten crushed over the past ten days. Despite a safe-haven run, the dash for cash has taken almost 15% out of Gold prices in less than two weeks.

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Crude Oil on Pace for Worst Monthly Decline in its History

Crude oil plummeted to its lowest level since 2002 on Wednesday before bouncing off the $20 mark alongside a modest gain in stocks. Still, the commodity is vulnerable.

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S&P 500 Price Outlook: Coronavirus Panic Selling Erases Trump Rally

S&P 500 plunged more than 30% as the Coronavirus panic sell-off drives the index into support at three-year lows. Here are the levels that matter on the SPX500 charts.

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GBP/USD: Pound Sterling Pops as BoE Cuts Rates to 0.1%, Boosts QE

GBP price action jumped immediately after the Bank of England, or BoE, announced an emergency 15-basis point interest rate cut and increase to its bond purchase program.

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Coronavirus Crisis Forces BoE to Cut Rates and Increase QE, GBP/USD & FTSE 100 Rise

Spread of coronavirus forces the Bank of England to deliver yet another emergency rate cut, following in the footsteps of the Federal Reserve.

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Australian Dollar Whipsaws on Latest Stimulus, Eyes on Currency Intervention - US Market Open

AUD/USD Whipsaws, RBA Announce Stimulus Package, Eyes on Currency Intervention and US Data to Show Coronavirus Impact

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EUR/USD Plunges to Multi-Year Lows, German GDP Predicted to Slump in Q2

EUR/USD has finally succumbed to a variety of negative drivers and broken below the important April 2017 low. Markets continue to test central bank’s resolve.

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Coronavirus QE: FTSE 100, FTSE MIB Relief Rally to be Faded

Modest gains stemming from ECB’s large stimulus package. However, the relief rally is likely to come back under pressure.

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US Dollar (USD) Latest - King Dollar Continues to Flex its Safe-Haven Muscles

The US dollar rally continues as investors continue to rush for USD liquidity, crushing a range of FX-pairs in its wake.

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