Canadian Dollar Outlook Bearish on Growth Outlook, US PMI Data

The petroleum-linked Canadian Dollar may fall as global demand for cycle-sensitive commodities like crude oil decline. Policymakers have warned that a Depression-like downturn may be ahead.

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Australian Dollar Bulls May Tire If Coronavirus Headlines Don't Improve

The Australian Dollar has risen sharply and perhaps counterintuitively in April as markets pin their hopes on turbo-charged stimulus to fight the contagion’s economic effects.

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AUD/USD & ASX 200 Price Outlook: Aussie Leads Recovery but Stocks Lag

The Australian Dollar has rebounded significantly from its March lows and is among the frontrunners in risk assets in recent weeks. Still, Australian stocks have lagged their major counterparts.

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US Dollar & VIX Supported; Stock Market Rally at Wits End?

The strong US Dollar and still-elevated VIX Index suggest that the ongoing bear market rally may soon unwind as pessimistic earnings reports trickle in and dreadful economic data readings mount.

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US Dollar Dips to Find Support, NZD/USD Surges - US Market Open

Equity markets are firmly in the green, despite weak Chinese economic GDP. US Dollar Dips.

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EUR/USD, USD Index & More – Charts for Next Week

The Euro is finding little lift off a major long-term trend-line, could break soon; DXY will get a lift if it does break.

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GBP/NZD Price Outlook: Two Steps Forward, One Step Back

The longer-term upward trend in GBP/NZD remains with a series of higher lows in place. The pair have failed to break 2.1040 but may well be setting up for a fresh attempt.

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DAX, Euro Stoxx 50 Outlook: Coronavirus Vaccine Hopes Risk Being Faded

Equity markets soar on positive drug results. However, beware of fading optimism as DAX and Euro Stoxx 50 eye key levels.

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British Pound (GBP) Latest: GBP/USD Sell-Off Eyes Support, FTSE Buoyed By Drug Hopes

Overnight news that US drug company Gilead’s antiviral remdesivir had shown promising signs treating patients with coronavirus is pushing risk markets higher at the open.

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Euro Outlook Gloomy as Covid-19 Amplifies Political Tension

EUR/USD may suffer as the coronavirus amplifies inter-regional tension, potentially putting the politically-sensitive Euro at risk of heightened liquidation pressure.

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Crude Oil Prices Rise on Hopes US to Emerge From Covid Lockdowns

Crude oil prices found solace in hopes for a US reopening, and in a broad risk appetite revival. This year’s demand looks set to take a massive hit, however.

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Yuan, SGD, IDR, MYR, PHP: China-ASEAN FX Price Trends Since 2008

How might the Chinese Yuan trade against ASEAN FX such as the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using data since the 2008 financial crisis?

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Australian Dollar Struggles As China GDP Falls More Than Expected

The Australian Dollar slipped very modestly after Chinese growth data came in below market forecasts, although industrial production fell by far less than had been expected

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NZ Dollar Outlook Mired by Failed Attempt to Test Former Support Zone

NZD/USD may exhibit a more bearish behavior following the failed attempt to test the former support zone around 0.6170 (50% expansion) to 0.6230 (38.2% expansion).

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US Dollar Sinks, Dow Jones Up on Virus Drug Trial, Trump Reopen Plan

The US Dollar and Japanese Yen are falling as Dow Jones and S&P 500 futures rally on reports of Gilead’s virus drug trial and Donald Trump’s economy reopening guidelines.

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US Dollar & VIX Index Climb, Stock Market Rally at Wits End?

The bear market rally is coming under pressure as pessimistic earnings reports trickle in and dreadful economic data readings mount, which is bolstering the US Dollar and VIX Index.

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AUD/USD & ASX 200 Price Outlook: Aussie Leads Recovery but Stocks Lag

The Australian Dollar has rebounded significantly from its March lows and is among the frontrunners in risk assets in recent weeks. Still, Australian stocks have lagged their major counterparts.

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Gold Price Outlook: XAUUSD Goes into ST Range After Seven Year Highs

Gold prices jumped by as much as 20% from the March lows up to the Tuesday high.

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Canadian Dollar Price Outlook: USD/CAD Breakout Under Review

Canadian Dollar is down more than 1% vs US Dollar with the USD/CAD breakout now eyeing initial resistance. Here are the trade levels that matter on the technical charts.

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US Dollar Forecast: Volatility? Yes; Direction? Unclear - Key Levels for DXY Index

The US Dollar (via the DXY Index) has been trading in an ever-tightening range, with implications for pairs like EUR/USD and USD/JPY.

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