British Pound (GBP) Latest: GBP/USD Risks Remain to the Downside on Latest BoE Talk, UK Sales Data

Bank of England deputy governor Dave Ramsden, speaking to Reuters, said that while the fall in UK Q2 GDP may not be as bad as first thought, the recover may take longer than previously expected.

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

As risk sentiment takes a turn lower, high-beta currencies such as the Australian Dollar are among the underperformers.

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Euro Eyes ECB Minutes as GBP Braces for Brexit Woes Ahead

Euro traders will be closely watching the release of the ECB meeting minutes amid tension with the German high court. GBP is feeling the pain of Brexit as transition extension deadlines nears.

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Crude Oil Prices Slip With Stocks. China Plans Tighter Grip on Hong Kong

Crude oil prices made initial gains on reports that lockdown rollbacks had indeed increased demand. However Hong Kong stocks’ plunge on proposed tighter control from Beijing saw those gains pared.

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US Dollar Boosted, S&P 500 Threatened by Renewed China Tension

The US Dollar rebounds while the S&P 500 Index gives back gains as market sentiment shows signs of deteriorating due to a re-escalation in trade uncertainty and tension with China.

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Gold Price Consolidation to Linger as RSI Flops Ahead of Overbought Zone

The price of gold may consolidate over the remainder of the month as the Relative Strength Index (RSI) appears to have flopped ahead of overbought territory.

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Australian Dollar at Tipping Point as US-China Tensions Heat Up?

The Australian Dollar struggled at resistance after US-China tensions sent the Dow Jones and S&P 500 lower over the past 24 hours. This also benefited the haven-linked US Dollar.

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DAX 30 & CAC 40 Price Outlook: Euro Unity Bolsters Regional Equities

Recent news of a unified response to the coronavirus via federalized debt has shown commitment to the single-currency project which saw European stocks leap higher alongside the Euro.

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IBEX 35 Price Sluggish, Spain Stock Index Lags Euro Area Peers

The IBEX 35 index continues to lag its Euro Area peers, and bears nor bulls have set a decisive trend as recent price action remains rangebound

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British Pound Price Outlook: GBP/USD Bounces - Will Sellers Respond?

Last week ended with fear in the British Pound but this week has been noticeably more upbeat, even with the talk of possible negative interest rates.

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Central Bank Watch: Timing of Next Rate Moves for BOC, RBA, & RBNZ

Many central banks have reached the lower bound of interest rates – for now.

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USD Weakness Abates on Flash Manufacturing PMI

This morning brought the release of US Flash Manufacturing PMI data to the tune of 39.8 vs the expectation of 38.0.

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Dow Jones Rises to Resistance, US Dollar Dropping to Key Support

Risk On and Risk Off drives price action in short term. US Dollar has increasingly negative correlation to risk appetite.

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British Pound (GBP) Latest: UK PMIs Improve GBP/USD Outlook Modestly

GBP/USD edged ahead on a better-than expected batch of UK PMIs but continues to trade close to the 1.22 level within a triangle pattern on the charts, with little sign yet of a breakout either up o...

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Bitcoin (BTC) Struggles to Break Above $10,000, Supportive Trend Remains

Bitcoin continues to struggle with resistance at $10,000 but remains supported by a strong two-month uptrend.

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EUR/GBP Chart Setup Ahead of ECB Minutes, UK PMI Data

The Euro and British Pound may see higher-than-usual volatility ahead of the release of UK PMI data and ECB meeting minutes as EUR/GBP trades near a key inflection range.

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Gold Prices Return Some Gains Despite Broadly Supportive Backdrop

Gold prices failed to push higher despite a modest rise in overall risk aversion as relations between China and the United States appear more strained in the time of Covid.

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NZD/USD Rate Struggles Again at Former Support Zone

NZD/USD struggles to extend the series of higher highs and lows from earlier this week as it comes up against the former support zone around 0.6170 to 0.6230.

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Australian Dollar Lower, Trump Tweets Against Xi Stoke Risk Aversion

The Australian Dollar came under pressure against a generally stronger greenback as the US Administration makes its China spat much more personal.

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BTC/USD Analysis After Halving, Ethereum Technical Update

Bitcoin may experience a brief pullback as bold price action turns more timid ahead of retesting a key ceiling. ETH/USD is stalling in a compression zone – will a directional bias be revealed?

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