NZD/USD Eyes Monthly Low as RBNZ Mulls More Stimulus for May Meeting

NZD/USD eyes the monthly low (0.5843) as the Reserve Bank of New Zealand (RBNZ) endorses a dovish forward guidance for its next meeting on May 13.

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US Dollar May Rise With Yen, Wall Street Follows Crude Oil Drop

The US Dollar gained alongside the Japanese Yen and may continue doing so after taking out resistance. Wall Street suffered as equities followed the collapse in crude oil prices.

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Nasdaq 100 Price Outlook: Netflix Earnings Shatter Expectations

The highly anticipated earnings report from Netflix did not disappoint as the streaming-provider shattered market expectations at a time when the Nasdaq 100 looks vulnerable.

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Dow, S&P 500 Bears Re-Emerge: Is Another Major Sell-Off On the Way?

It's been almost a month since the lows were set but bears have made a stark reappearance this week.

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Australian Dollar Price Outlook: Aussie Correction Underway- Levels

Australian Dollar is off more than 2.5% from the April high with Aussie now approaching uptrend support. Here are the levels that matter on the AUD/USD technical charts.

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Nasdaq 100 Forecast: Will Netflix Earnings Live Up To Expectations?

Coronavirus containment procedures have battered corporate profits and outlooks alike, but not all stocks are expected to suffer at the hands of the virus. Will Netflix’s results live up to the hype?

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Market Sentiment Hit by US Crude Oil Price Crash | Webinar

Trader confidence has been damaged by the crash in US crude oil prices, prompting a move out of riskier assets and into safe havens, but the impact has been less than might have been expected.

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EUR/USD, USD/JPY & More: Chart Set-ups, Technical Outlook

The Euro is coiling up against Dollar on a major long-term trend-line, while the calm in USD/JPY looks set up to turn towards another short-term move soon, key support to watch.

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Gold Price Remains Volatile as Risk Assets Begin to Crumble

Gold remains under pressure despite the current risk-off theme, as wild price action in the oil complex casts a dark shadow over risk assets.

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Negative Crude Oil Prices Amid Historic Capitulation: Cross Asset Correlation

Historic collapse the oil complex as front-month contract goes negative. Storage concerns to weigh on June contract.

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EUR/USD Remains Fragile After Mixed German ZEW Data

The latest German ZEW data paints a mixed picture, leaving Euro traders none the wiser ahead of the closely watched PMI data released on Thursday.

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British Pound (GBP) Latest: GBP/USD Outlook Poor on Demand For Havens

GBP/USD is in danger of easing further on demand for safe havens following the plunge in crude oil. The latest UK jobs data have been shrugged off and this week’s Brexit talks are unlikely to affec...

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EUR/USD May Fall if German ZEW Data Triggers Euro Selloff

The Euro may fall vs the US Dollar if German ZEW data amplifies risk aversion in virus-shaken markets as European investors worry about the outlook for the Eurozone.

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Gold Prices Slip Back As Oil Rout Strenghens USD's Haven Bid Instead

Gold prices retreated despite wilting risk appetite caused by oil’s sensational collapse. The US Dollar has been investors’ lifeboat of choice throughout the coronavirus disruption period.

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USD/CAD Rate Breakout Brings Monthly High on Radar

The monthly high (1.4298) is on the radar for USD/CAD as the exchange rate breaks out of the downward trending channel carried over from March.

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Euro Trembles Ahead of EU Leaders Summit as Regional Recession Looms

The Euro may face heightened selling pressure if signs of unity are lacking during the EU leaders summit as the region prepares for what could be the worst recession in the union’s history.

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Australian Dollar Steady As RBA Minutes Show Bank Content To Wait

The Australian Dollar didn’t have far to move on a set of policy meeting minutes which flagged up stimulus already undertaken rather than necessarily pointing to more ahead.

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EUR/USD Rate Tracks Monthly Range Even as ECB Warns of 20% Contraction

EUR/USD may carve a more defined range even though the ECB warns of a 20% contraction amid the failed attempt to test the monthly high (1.1039).

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

The US Dollar and VIX Index pop as the bear market rally comes under pressure amid negative crude oil prices, pessimistic equity earnings and dreadful economic data readings.

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Nasdaq 100 Forecast: Will Netflix Earnings Live Up To Expectations?

Coronavirus containment procedures have battered corporate profits and outlooks alike, but not all stocks are expected to suffer at the hands of the virus. Will Netflix’s results live up to the hype?

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