US Dollar Up As EU Ministers Fail to Agree Corvid-19 Response

Another long meeting of Eurozone finance ministers has broken up without agreement on the way ahead even as the Eurozone economy buckles in the face of contagion.

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Crude Oil Prices Rise As Markets Hope For OPEC, Russia Cuts

The crude oil market remains pretty sure that reduced production and price wars’ end is on the way. That will still leave demand shattered by the coronavirus, of course.

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Post-RBA AUD/USD Rebound Stalls as S&P Cuts Rating Outlook to Negative

The recent rebound in AUD/USD appears to have stalled as Standard and Poor’s cuts Australia’s credit rating outlook to ‘negative’ from ‘stable.’

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Dow Jones, DAX 30, CAC 40 Forecast: How Can Short Bets Drive Trends?

Dow Jones, DAX 40 and CAC 40 short exposure has been rising alongside their recent ascent. What can this mean for the outlook in global stock markets?

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Gold Prices May Stay High as 2008 Crisis Cure Bedevils Covid-19 Policy

Gold prices well-supported as keeping interest rates ultra-low in response to the 2008 global financial crisis proves problematic for fighting the next one, the coronavirus outbreak.

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NZD/USD Rebound Susceptible to RBNZ Policy Following LSAP Expansion

The recent rebound in NZD/USD may end up being short lived as the Reserve Bank of New Zealand (RBNZ) expands its Large Scale Asset Programme (LSAP).

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US Dollar Outlook in Focus as Virus Deaths Rose, S&P 500 Erased Gap

The US Dollar fell despite the Dow Jones and S&P 500 erasing upside gaps as coronavirus deaths in New York and New Jersey rose the most over a day. Will USD regain lost ground?

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Nikkei 225 & USD/JPY Price Outlook: Gains Contingent on Risk Appetite

USD/JPY and the Nikkei 225 are both reliant on risk appetite to drive gains. Critically, coronavirus cases look to be slowing in the west which may bolster investor sentiment.

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US Dollar Drops with FX Volatility on Coronavirus Optimism

The US Dollar is giving back gains alongside a pullback in FX volatility. The move looks driven by the resurgence of risk appetite as coronavirus fears fade, but have markets turned complacent?

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CAC 40 Forecast: Index Continues Consolidation Beneath Resistance

The CAC 40 suffered yet another pull back from resistance as bulls failed to break the barrier around 4,500. Still, bullish appetite should persist in the weeks ahead.

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Market Sentiment Improves on Fear of Missing Out | Webinar

Trading confidence is returning, with traders dipping their toes into the markets as they show signs of bottoming out. However, a full-scale recovery could yet be days or even weeks away.

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EUR/USD, USD Index & Other Forex Charts

The Euro is trying to hold onto an important long-term line of support, while other pairs are working on providing clarity in direction.

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Currencies Most Impacted From Oil Prices Ahead of Crucial OPEC Meeting: Cross Asset Correlation

All eyes on OPEC meeting as oil prices soar. Volatility expected to pick up for commodity-linked currencies.

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USD/CAD Price Testing Support as Sell-Off Gathers Pace

The bearish sentiment in USD/CAD remains in place and the pair are now testing an important support area ahead of the OPEC+ meeting later this week.

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British Pound (GBP) Latest: Firmer After Tumble on News Johnson in Intensive Care

Sterling is showing underlying strength: recovering after its slide on news that UK Prime Minister Boris Johnson is in intensive care after his coronavirus symptoms worsened Monday.

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Gold Prices Slip From 1-Month Peak on Coronavirus Slowdown Hope

The gold market retains a formidable haven bid but hopes that the contagion can be contained by various remedial measures saw early gains surrendered.

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EUR/USD May Fall on Covid-19 Eurozone Finance Minister Meeting

EUR/USD may break below key support if the meeting between Eurozone finance ministers inspires a liquidation in Euro crosses.

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Australian Dollar Steady As RBA Leaves Rates On Hold At Record Low

The Australian Dollar didn't move far despite a decision by its home central bank to leave rates alone. Futures markets had expected the third reduction since early March.

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EUR/USD Rate Eyes 2020 Low Amid Mixed Views Surrounding OMT

EUR/USD may continue to give back the advance from the yearly low (1.0636) as the exchange rate extends the series of lower highs and lows from the previous week.

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US Dollar Scarcity May Endure Despite Fed's Bold Coronavirus Response

The US Dollar suddenly seems scarce amid the coronavirus outbreak. That threatens short-term financing underpinning global supply chains, despite the Fed’s epic efforts.

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