Dow Jones Soars, US Dollar Drops as Fed Announces Huge Loan Program

Federal Reserve provide a credit backdrop with a huge $2.3 trillion loan program. US Dollar drops.

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Canadian Employment: 1010.7k Jobs lost in March – in Line with Recent Themes

This morning brought the release of net change in employment out of Canada to the tune of -1010.7k vs the expectation of -500k.

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Bitcoin (BTC) Price: Rally Supported But Quickly Running Out of Steam

Bitcoin continues to edge higher but the daily chart shows the advance slowing. The supportive uptrend from mid-March may come under renewed pressure.

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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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EUR/GBP Price Nears Short-Term Support, Fractious Eurozone Negotiations Continue

With no agreement reached yet by the Eurozone on their latest coronavirus rescue plan, EUR/GBP may look to re-test a cluster of support levels.

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British Pound (GBP) Latest: GBP/USD Edges Back to 1.24, EUR/GBP Stable

Sterling has moved back to 1.24 US Dollars in early European business Thursday as the BoE agrees to finance UK Government spending temporarily and Boris Johnson’s health improves.

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US Dollar, Crude Oil May Rise on OPEC Meeting, Sentiment Data

The US Dollar may rise if sentiment data for April falls short of forecasts and pushes the highly-liquid Greenback higher. Reconciliation within OPEC could buoy crude oil prices.

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Gold Prices Up As Fateful Weekly US Jobless Claims Figure Looms

Gold prices found support in the wait for US employment data which hasbeen soaring for the past two weeks as coronavirus stifles the labor market.

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EUR/USD Susceptible to Range Bound Conditions Through Easter Holiday

EUR/USD may face range bound conditions through the Easter holiday as the exchange rate fails to extend the series of lower highs and lows from the previous week.

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Australian Dollar Slides as RBA Financial Review Flags Increased Risks

The Australian Dollar was already under pressure but wilted further as the RBA's financial review was forthright about likely coronavirus effects.

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USD/CAD Negates Pennant Formation Ahead of Canada Employment Report

USD/CAD may face range bound conditions going into the Easter holiday as the exchange rate fails to track the pennant formation carried over from the previous month.

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Yen Falls as Wall Street and Crude Oil Prices Gain, AUD/USD May Rise

The Japanese Yen and US Dollar sank as Wall Street and crude oil prices gained ahead of the OPEC+ meeting. A rosy Asia Pacific trading session may bode well for the Australian Dollar.

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Dow Jones, Nasdaq 100, S&P 500 Forecast: An Earnings Season Like None Other

This earnings season will stand in a league of its own as corporations grapple with an unprecedented threat to growth and economic activity. As a result, it may be a stock-pickers dream.

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3 Things to Know When Trading Earnings Announcements

Earnings season is a period ripe with trading opportunities and volatility but can be unpredictable. Here are 3 things to know when trading earnings season.

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US Recession Watch, April 2020 - Recession Odds Artificially Low

The NY Fed Recession Probability indicator only indicates an 18% chance of a recession within the next year. That seems low.

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Dow Jones, Oil, Gold Technical Outlook & More

Stocks have come back but look at risk of weakness now, oil is still trying to figure itself out, while gold continues to be difficult but bullish-looking nevertheless.

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S&P 500, Russell 2000 Outlook: Approaching an Inflection Point

Bear market rally leaves S&P 500 vulnerable to renewed selling. Russell 2000 upside curbed at crucial level.

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Gold Price Forecast: Is Gold Setting Up For The Next Leg Higher?

Gold is back off yesterday’s one-month high, but the daily chart suggests that the precious metal may well be looking at another attempt at $1,700/oz+.

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British Pound (GBP) Latest: Volatility Tumbles as GBP/USD Stabilizes

As GBP/USD continues to trade close to the 1.23 level near-term, despite the hospitalization of UK Prime Minister Boris Johnson, volatility in the British Pound continues to drop.

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US Dollar May Rise on FOMC Minutes, Coronavirus Risks

The US Dollar may rise if the release of the FOMC minutes spark risk aversion and boost demand for haven-linked assets amid the coronavirus pandemic.

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