Euro Latest: German GDP in Crash Mode, EUR/USD Eyes Crucial Trendline

German Q1 GDP contracts 2.2%. Euro Unmoved as Tight Range Persists.

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British Pound (GBP) Latest: GBP/USD and EUR/GBP Test Limits, Brexit and COVID-19 Updates

Sterling has weakened over the course of the week and is now testing multi-week support levels as sentiment weakens. A new research article suggests that the spread of COVID-19 in London has fallen...

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US Dollar May Rise vs Euro on Retail Sales, Eurozone GDP Data

The US Dollar may rise if retail sales and consumer confidence data sour risk appetite while the Euro may suffer after Eurozone GDP data is released in a politically-battered region.

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Crude Oil Holds Gains On Hopes Huge Stockpiles Can Be Run Down

Crude oil markets are still stuck between the demand collapse inspired by Covid and hopes that production cuts will start to erode inventory.

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AUD Rates Hold May Range Despite Record Drop in Australia Employment

AUD/USD may face range bound conditions despite the record drop in Australia Employment as the decline from earlier this month sputters ahead of the May low (0.6373).

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Hang Seng May Struggle as Yen Gains if US-China Tensions Resurface

The Hang Seng could struggle if US-China trade tensions resurface, denting Hong Kong’s economy amid the coronavirus. Such an outcome could boost the anti-risk Japanese Yen.

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Australian Dollar Steady As China Industrial Production Registers Big Beat

The Australian Dollar didn't move far on a mixed bag of Chinese numbers which showed industry powering ahead despite Covid while retail sales and investment lag.

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Silver and Gold Prices May be at Risk of a Short-Term Pullback

Silver and gold prices may be at risk of a short-term pullback as the uptrends that pushed the precious metals higher show signs of fragility.

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Canadian Dollar, Crude Oil, Dow Jones Gain with Financial Stocks

The Canadian Dollar gained with crude oil prices as financial stocks lead the Dow Jones higher. Ahead, Asia Pacific equities may rise which could bode well for the Australian Dollar.

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GBP/USD Price Analysis: Pound-Dollar Probes Big Support Level

Recent weakness exhibited by spot GBP/USD price action has gained pace over the last few trading sessions and pushes the Pound Sterling to a 5-week low against its US Dollar peer, but will support ...

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Dow Jones, Nasdaq 100, S&P 500 Forecast: Is the Rally Unfounded?

The Dow Jones and S&P 500 have slowed their recovery rally in recent days while the Nasdaq 100, fueled by large tech stocks, has pressed higher. Is this sustainable or is the rally unfounded?

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Bitcoin Price Analysis: BTC Back Towards 10k, Can Bulls Break Through?

It's been a wild past two months in Bitcoin and now bulls are met with heavy resistance and considerable motive.

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USDMXN Drops on Bank of Mexico Rate Cut

The Bank of Mexico slashed its overnight rate to 5.50% from 6.00%, as expected. USDMXN price action moved lower on Peso strength

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US Dollar on the Rise with FX Volatility; Sentiment Souring?

The US Dollar extends higher after Fed Chair Powell pushed back on the prospect of negative interest rates, which seems to have corresponded with an uptick in volatility and downshift in risk appet...

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Euro Stoxx 50, IBEX-35 Price Outlook: Bulls Retreat as Virus Risks Resurface

European stocks move lower this week as coronavirus risks reemerge on worries that the economy may have to endure a longer than previously thought shutdown

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S&P 500 Outlook: US-China Tensions Puts S&P 500 at Risk of a Breakdown

Key levels to watch for the S&P 500. US-China tensions add to concoction of bearish catalysts.

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Euro Latest - EURUSD Continues to Press Down on Support

The Euro remains under pressure against the US dollar after Fed Chair Jerome Powell closed the door on negative interest rates in the US, boosting the value of the greenback.

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Crude Oil Outlook - CFTC Advises Vigilance Over Possible Negative Pricing

The US Commodity Futures Trading Commission has sent out an advisory notice to exchanges warning that the price of WTI crude futures could turn negative again as the June expiry date nears.

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British Pound (GBP) Latest: GBP/USD to Drop to April Low?

GBP/USD is in danger of falling to the low at 1.2166 reached on April 6 as concerns about a second wave of coronavirus infections drive traders towards safe havens such as the US Dollar.

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US Dollar May Rise on Jobless Data as Fed Warns of Long-Term Impact

The US Dollar may rise if demand for liquidity in times of unprecedented uncertainty is amplified after US jobless data is published following Fed Chairman Jerome Powell’s warning.

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