British Pound (GBP) Latest: GBP/USD Price Breakout Imminent

GBP/USD continues to trade within a symmetrical triangle chart pattern but a breakout is close and the need for tight stops has therefore risen.

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Gold Price Forecast: May Low on the Radar Amid Negative RSI Slope

The price of gold may continue to give back the advance from the May low ($1670) as Relative Strength Index (RSI) establishes a negative slope.

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FTSE 100, S&P 500, CAC 40 Forecasts: Analyzing Signals in Positioning

Signals from IG Client Sentiment hint that the FTSE 100 and S&P 500 could have room for weakness ahead as the CAC 40 attempts to climb towards key resistance.

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AUD/USD Rate Faces Key Test as March High Sits on the Radar

The Australian Dollar has outperformed against all of its major counterparts so far in May, but AUD/USD faces a key test as it approaches the March high (0.6685).

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Yen Sank Despite US-China Hong Kong Tensions, USD/JPY May Fall

The Japanese Yen and US Dollar sank as the Australian Dollar rose despite escalating US-China tensions over Hong Kong. USD/JPY may be readying to turn lower after clearing support.

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S&P 500 Forecast: Break Out or Fake Out?

The S&P 500 broke above 3,000 for the first time since March 6 as risk appetite appears to drive equities higher. Will the bullish breach spark a continuation rally or is this a false break?

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Hang Seng Forecast: Pressure to Build as Mass Protests Planned

The Hang Seng index remains vulnerable to political and social pressures as mass protests are planned for Wednesday in response to increasing interference from China

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

Dow Jones skyrockets higher as the stock market recovery continues on the back of coronavirus vaccine hopes and rebounding economic activity, but the 'sell in May and go away' anomaly still threate...

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Dow Jones Index Remains at Multi-Month High Following Consumer Confidence

The Dow Jones Index remains higher after The Conference Board's Consumer Confidence Index printed 86.6 for May, stabilizing the index from its sharp drop in the months prior.

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EUR/USD Rallying Towards a Multi-Week High, ECB And Bundesbank May Clash

A bout of risk-on sentiment is pushing the Euro higher against the US dollar and back towards levels last seen in March.

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US Dollar Drops as S&P 500 Futures Break Key Barrier - US Market Open

US futures on the front-foot, while the US Dollar is coming under sizeable selling pressure.

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Stocks, AUD, GBP, EUR Sentiment Lifted by Lockdown Easing | Webinar

Trader confidence in ‘risk on’ assets including stock market indexes and currencies such as the Australian Dollar, the British Pound and the Euro has improved as coronavirus lockdowns are eased.

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Gold Price Remains Constrained, Risk-On Rally Stalls Upside Progress

Gold continues to consolidate in a tight range with political risk and market optimism battling to take control of near-term price action.

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US Dollar Shorts Slashed, GBP/USD & EUR/USD Shorts Pick-Up - COT Report

Speculative US Dollar shorts slashed. Investors defensive on risk sensitive currencies amid US-China tensions.

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Gold Prices Echo US Dollar Drop as Market Mood Improves

Gold prices are finding support despite typically unfriendly market conditions as the US Dollar swoons, boosting the appeal of anti-fiat alternatives.

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British Pound (GBP) Latest: GBP/USD Holds Support, Creeping Higher

GBP/USD continues to edge ahead despite a political storm over UK Prime Minister Boris Johnson’s chief adviser Dominic Cummings.

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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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