EUR/USD Rate Tracks Monthly Range While ECB Rules Out V-Shape Recovery

EUR/USD may trade within a more defined range over the remainder of the month as the recent rebound in the exchange rate fails to trigger a test of the May high (1.1020).

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US Dollar May Rise as SGD Falls on US-China Woes, Indian Rupee at Risk

The US Dollar could rise against ASEAN currencies such as the Singapore Dollar as US-China tensions seem to escalate. The Indian Rupee is also looking ahead of local 1Q GDP data.

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AUD May Fall on Australia-China Tensions, Euro Eyes €500b Proposal

The AUD may suffer as relations between Australia and China deteriorate amid dwindling growth prospects. Euro traders will be closely watching progress in talks about a €500b recovery fund proposal

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USD/CAD Rate to Face Record Decline in Canada GDP

Canada’s 1Q Gross Domestic Product (GDP) report may influence USD/CAD as the update is expected to show the biggest contraction since the data series began in 1961.

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Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil

The US Dollar has slowed its descent with the Dow Jones leveling off as crude oil prices rise with lockdown easing bets. US-China tensions seem to be heating up which could complicate virus economi...

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Crude Oil Prices May Be Plotting a Return to $40/Barrel WTI

Crude oil prices may be setting up for a rebound to revisit the $40/barrel level on the WTI benchmark. Gold prices are struggling to make good on an upside break.

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Euro Outlook Appears Bearish Ahead of German IFO Data

The Euro may suffer versus its G10 counterparts after German IFO data is released as the region wrestles with the recession-inducing coronavirus pandemic.

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Gold Price Outlook Mired Ahead of June by Negative RSI Slope

The price of gold may consolidate throughout the final week of May as the Relative Strength Index (RSI) reverses ahead of overbought territory and tracks a negative slope.

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US Dollar May Rise as SGD Falls on US-China Woes, Indian Rupee at Risk

The US Dollar could rise against ASEAN currencies such as the Singapore Dollar as US-China tensions seem to escalate. The Indian Rupee is also looking ahead of local 1Q GDP data.

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AUD May Fall on Australia-China Tensions, Euro Eyes €500b Proposal

The AUD may suffer as relations between Australia and China deteriorate amid dwindling growth prospects. Euro traders will be closely watching progress in talks about a €500b recovery fund proposal

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NZD/USD Rate Vulnerable to Dovish RBNZ Financial Stability Review

Fresh remarks coming out of the Reserve Bank of New Zealand (RBNZ) may drag on NZD/USD as the central bank retains a dovish forward guidance for monetary policy.

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S&P 500 Struggling at Resistance, Volatility Risk Ahead Elevated

The S&P 500 shrugged off risk aversion to end last week higher, but upside momentum seems to be fading. US markets are offline today, raising the risk of volatility.

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Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil

The US Dollar has slowed its descent with the Dow Jones leveling off as crude oil prices rise with lockdown easing bets. US-China tensions seem to be heating up which could complicate virus economi...

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S&P 500, Nasdaq 100, DAX 30 Forecast for the Week Ahead

The S&P 500 and Nasdaq will look for developments in US-China tensions while the DAX 30 awaits a string of regional data. Possible coronavirus vaccines may also influence sentiment in the week ahead.

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USD/MXN Outlook: Downside Pressure Continues as Investors Cheer Drug Hopes

The possibility of a Covid-19 cure by year end keeps market sentiment high despite ongoing political tensions

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Euro Forecast: EUR/USD Outlook Lifted Long-Term by Recovery Fund Plan

The long-term outlook for the Euro has been boosted significantly by a Franco-German proposal for a €500 billion coronavirus Recovery Fund, even though an agreement is not yet close.

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Gold Price Outlook Bearish on GDP Data, US-China Tension and Covid-19

Gold prices may face heightened liquidation pressure as US-China tensions over Hong Kong heat up ahead of US GDP data amid the coronavirus pandemic.

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US Dollar Outlook: US-China Tensions Complicate Virus Recovery Bets

The US Dollar mayfind some strength if tensions between the US and China keep rising, adding an extra layer of uncertainty to the global economic outlook amid the coronavirus outbreak.

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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 Faces Data Drought, RBA Silent so Covid Will Drive

The Australian Dollar market is headed for a bare domestic data cupboard which will once again leave overall market risk appetite in charge. This may well mean it remains stuck in its current range.

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