Crude Oil Price Drives Lower with S&P 500, VIX Snaps Back

Crude oil price sinks another 7% on Friday as the S&P 500 Index spirals lower. Volatility rebounds toward crisis-high readings while sentiment crumbles owing to coronavirus recession risk.

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USD/CAD Erratic Price Action After Bank of Canada Emergency Rate Cut

The Bank of Canada is the latest central bank to announce an emergency interest rate cut.

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USD/ZAR - US Dollar vs South African Rand, ZAR Remains Vulnerable

South Africa forced into QE, eyes on Moody’s Rating. Downgrade to junk poses downside risks to South African Rand

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USD/MXN Outlook - Mexican Peso Besting a Weak US Dollar, Volatility Remains Extreme

USD/MXN may well have made its short-term high with the latest US liquidity pump driving down the value of the US dollar.

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US Dollar May Rebound as Fed QE Euphoria Subsides

The US Dollar is on the defensive after the Fed activated open-ended QE to becalm panicky financial markets, but scope for renewed stress means losses may be limited.

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British Pound (GBP) Latest: GBP/USD and FTSE 100 Trimming Wild Gains

A volatile week in UK asset markets with both the British Pound and the FTSE 100 storming back from multi-year lows. Support levels for both will be keenly eyed by traders.

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US Dollar Eyes Sentiment, Spending Data as Fiscal Package Heads to Trump

The US Dollar may rise if consumer sentiment and spending data print worse-than-expected figures and reignite demand for liquidity and push the haven-linked Greenback higher.

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Gold Prices Steady Despite Increased Coronavirus Stimulus Hopes

Gold prices remain close to two-week highs even as the market looks with hope toward the passage through Congress of a huge US financial rescue package.

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Indian Rupee Falls on RBI Emergency Cut, USD/INR Focuses on Sentiment

The Indian Rupee cautiously fell versus the US Dollar after the RBI cut rates in an emergency meeting amid the virus. USD/INR continues to focus on sentiment after clearing support.

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Singapore Dollar, USD/SGD Outlook: Virus Stimulus Package, MAS Eyed

The Singapore Dollar soared after the local government announced extra stimulus, plunging USD/SGD through support and placing the aggressive uptrend at risk. Where to from here?

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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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How Do Politics and Central Banks Impact FX Markets?

Foreign exchange – or “forex” – markets often pay close attention to politics and central bank policy. We offer a model for traders to gauge their impact on exchange rates.

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AUD/USD Rate Rebound Undermined by Bear Flag Formation

The recent rebound in AUD/USD may end up being short lived as a bear flag takes shape, while the RSI continues to track the downward trend from earlier this year.

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British Pound, GBP/USD Climbs Through Resistance. Yen at Risk Next

The British Pound rose alongside equities as GBP/USD broke above key falling resistance. Ahead, the anti-risk Japanese Yen may weaken if Asia Pacific stocks follow Wall Street’s lead.

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Gold Price Outlook: Stimulus May Propel XAU/USD Past Resistance

Gold suffered a substantial pullback two weeks ago as risk aversion roared and investors sought liquidity in the form of the US Dollar. Now, however, gold could resume higher as governments offer aid.

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Dow, S&P 500 Hasten Rally as the USD Snaps - Is the Low in Place?

Stocks have come back to life this week with the S&P 500 up by more than 18% off of the lows, going along with a strong reversal in the US Dollar.

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Nasdaq 100 Price Outlook: Micron Sees Quarterly Boost from Quarantine

The Nasdaq 100 stands in a relatively advantageous position compared to the S&P 500 and Dow Jones and a recent earnings report from Micron may see the trend continue.

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Euro Price Outlook: EUR/USD Rips as Markets Surges on Virus Stimulus

Euro surged 3.3% off the yearly lows as stimulus hopes fuel a breakout of monthly downtrend resistance. Here are the levels that matter on the EUR/USD technical charts.

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USD/JPY Pressured by Record-Smashing Spike in Jobless Claims

The US Dollar peels back further from three-year highs as dismal weekly jobless claims data driven by economic fallout from the coronavirus fuels selling in USD/JPY.

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US Dollar Rises on Historic Jobless Claims

US initial jobless claims crossed the wires at 3.2 million, marking the sharpest rise in history for the figure amid the current global pandemic

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