Japanese Yen Forecast: Key USD/JPY Levels to Watch

Soft start to the week for the Japanese Yen. However, negative macro risks keep USD/JPY downside bias intact.

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British Pound (GBP) Latest: GBP/USD Under Pressure, EU-UK Trade Talks Need a Reboot

Trade talks between the EU and the UK are becoming increasingly fractured and with the June 31 extension deadline nearing, both sides need to push forward. Weekend commentary from BoE chief economi...

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British Pound Feeling Familiar Pain of Brexit as Covid-19 Takes its Toll

The British Pound’s sensitivity to political risk is returning as GBP suffers from the UK’s internal fragmentation and renewed concerns about Brexit amid the coronavirus pandemic.

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Crude Oil Prices Hit One-Month Highs On Economic Re-Start Hopes

Crude oil prices found continuing support from investors looking to the gradual re-opening of Covid-hit economies, along with production cuts.

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Gold Price Forecast: Breakout Pushes RSI Towards Overbought Territory

The break above the November 2012 high ($1754) may keep the price of gold afloat as the Relative Strength Index (RSI) approaches overbought territory.

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US Dollar on Offense? SGD, IDR, PHP, MYR Fundamental Outlook

Is the US Dollar ready to rise against currencies such as the Singapore Dollar, Indonesian Rupiah and Philippine Peso? FOMC minutes, US-China tensions and fiscal stimulus are eyed.

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NZD/USD Rate Eyes April Low Ahead of New Zealand Retail Sales Report

NZD/USD may continue to give back the advance from the April low (0.5843) as the update to New Zealand’s Retail Sales report is expected to show a 1.5% contraction.

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US Dollar May Rise on Powell Testimony, FOMC & ECB Minutes: Covid-19 in Focus

US Dollar may rise versus the Euro and British Pound ahead of Powell’s testimony, the release of the FOMC and ECB minutes amid renewed Brexit risks.

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British Pound Slumped Post Brexit Talks, GBP/USD Eyeing Reversal?

The British Pound slumped as Brexit talks failed to find progress, opening the door for a GBP/USD reversal after support was cleared. Ahead, the Yen faces Japanese GDP data.

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Markets Weekly Outlook: Dow Jones, Gold Prices, US Dollar, Fed, Earnings

The Dow Jones and S&P 500 weakened as gold prices and the US Dollar gained last week. Will risk aversion pickup in momentum ahead? Eyes turn to the Federal Reserve, European sentiment and US retail...

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S&P 500, DAX 30 and FTSE 100 Forecasts for the Week Ahead

US-China Tensions Added to Macro Risks. Europe underperforms, while the UK digest Brexit Deadlock

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USD/MXN Outlook: Another Rate Cut Sees Mexican Peso Resilience

Banxico has applied another 50 bps cut showing that they have ample room to apply further downgrades

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Euro Forecast: Outlook for EUR/USD Increasingly Bearish

The Euro continues to trade in a narrow range against the US Dollar but a break to the downside is looking more and more likely.

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Gold Prices Yearn for Momentum, Will XAU/USD Rally Fizzle or Takeoff?

Gold prices seem torn between the US Dollar and Treasury yields. Upside momentum has been somewhat lackluster since mid-April, will XAU/USD find some meaningful traction ahead?

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US Dollar Forecast: Fed Says No to NIRP, China Tension Flares

Following a recent consolidation in the DXY Index, US Dollar price outlook grows more upbeat as Fed Chair Powell dismisses negative interest rate policy and US-China trade tension spurs USD demand.

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The Financial & Trading Skills Index

The DailyFX Global Financial Centres Index (GFCI) reveals data on the mostlucrative and widely available finance and graduate roles in top 20 cities around the world.

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How to Invest During a Recession: Investments & Strategy

Economic recessions are often accompanied by stock market crashes and extended periods of low returns. Here are some of the best investments to hold during a recession.

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Australian Dollar Could Wilt As Reality of Covid Recession Sinks In

The Australian Dollar has posted impressive gains from this year’s lows, but can they last as the global data cycle sours?

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Canadian Dollar Price Outlook: Will Resistancec Stall the USD/CAD Pop?

The US Dollar exhibited strength this week as USD/CAD moved off support and looks to test overhead resistance nearby. The level has stalled prior rallies, will it spark a reversal lower this time?

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Stock Market Forecast: Should I Sell in May and Go Away?

Will the ‘sell in May and go away’ stock market anomaly come to fruition this year amid coronavirus recession risk and rekindled US-China trade war tension? Or will Fed balance sheet growth and fis...

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