Dow Jones Technical Forecast for the Week Ahead

The Dow Jones lags the Nasdaq and S&P 500 but has climbed nevertheless. If risk appetite continues in the week ahead, the Industrial Average may have to negotiate multiple barriers overhead.

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USD/BRL Volatility Surges on Moro Resignation

Brazil's Minister of Justice, Sergio Moro, resigned Friday as political turmoil in the country continues. The Real continued to underperform its emerging market peers.

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Canadian Dollar Price Outlook: Loonie on Offense as Oil Stabilizes

Canadian Dollar is holding a well-defined range just above the April open into the close of the week. Here are the levels that matter on the USD/CAD technical charts.

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Central Bank Watch: Carry Trade Yield Appeal Wiped Out for AUD, CAD & NZD

G10 currencies’ central banks are taking extraordinary measures to stem the economic fallout from the coronavirus pandemic.

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Brexit Latest: EU's Barnier Signals Disappointment - US Market Open

A relatively lacklustre end to the week with European equities under pressure. Narrow ranges across FX pairs.

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Brexit Latest: EU's Barnier Signals Disappointment - US Market Open, Brexit Talks

A relatively lacklustre end to the week with European equities under pressure. Narrow ranges across FX pairs.

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EUR/USD, USD/CAD, USDJPY & More: USD Charts for Next Week

The Euro is in danger of a significant breakdown, the Canadian dollar is in limbo, while the Yen contracting price points to a breakout soon.

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Australian Dollar Forecast: Key AUD/USD Levels to Watch For the Week Ahead

Upside momentum beginning to wane. AUD/USD turnaround would need confirmation from pullback in risks sentiment.

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British Pound (GBP) Latest: GBP/USD Slides Against a Powerful US Dollar

PM Boris Johnson is expected to return to No.10 on Monday as expectations mount that a phased exit from lockdown measures may be announced soon. The FTSE 100 remains rangebound while Sterling is lo...

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Euro May Fall on German IFO Data After Dismal PMI Cascade

The Euro may extend its decline versus the US Dollar if German IFO data amplifies a selloff in EUR/USD after the Eurozone, UK and US all printed alarming PMI figures.

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Crude Oil Prices Up Despite Covid-19 Demand Hit. Production Cuts Eyed

The crude oil markets has seen some fightback as investors hope more producing regions will respond to collapsing demand with much reduced supply.

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Indian Rupee Gains But US Dollar May Rise as Nifty 50 Eyes Virus Risk

Indian Rupee gains on the RBI’s operation twist may be short lived if the haven-linked US Dollar rises as the virus lockdown persists. The Nifty 50 trades within a bearish formation.

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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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USD/MXN Achieves Bullish Breakout, USD/ZAR Tests New Highs

USD/MXN may be on the verge of a bullish spike after it broke a key technical level in a short-term continuation pattern as USD/ZAR tests new highs.

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USD/CAD Rate Breakout Flops Ahead of April High

USD/CAD may trade within a more defined range over the remainder of the month amid the failed attempt to test the April high (1.4298).

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Australian Dollar Stalled as Gilead Virus Drug Trial Disappointed

The Australian Dollar stalled as AUD/USD got caught in resistance after Gilead Sciences coronavirus drug trial disappointed. S&P 500 futures are pointing lower into Friday trade.

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Dow Jones Technical Forecast for the Week Ahead

The Dow Jones lags the Nasdaq and S&P 500 but has climbed nevertheless. If risk appetite continues in the week ahead, the Industrial Average may have to negotiate multiple barriers overhead.

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Australian Dollar Price Analysis: Can AUD/USD Bulls Take on .6500?

AUD/USD has rallied by more than 800 pips in a little more than a month, coming in stark contrast to the bearish theme that had built in Aussie in Q1.

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Euro Forecast: EUR/USD Plunges Below 1.08 as EU Summit Flops

EUR/USD price action spikes lower as the Euro comes under heightened selling pressure in late Thursday trade after EU leaders fail to agree on much needed coronavirus stimulus measures.

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US Dollar Unphased by Weak US PMI Figures

US PMI figures from Markit crossed the wires Thursday morning showing a sharp drop in activity for the US manufacturing and services sectors amid the current COVID-19 pandemic

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