EUR/USD Looks Ahead to ECB as 'No Deal' Brexit Fears Return

The Euro has stalled at 8-week highs ahead of the ECB monetary policy announcement whilst ‘no deal’ Brexit fears have returned to haunt the British Pound.

from DailyFX - Market News https://ift.tt/2XnadLO
via IFTTT

Gold Prices Rally, Crude Oil May Be in Limbo Ahead of OPEC+ Meeting

Gold prices rallied as the US Dollar sank in ‘risk on’ trade. Crude oil could remain in limbo ahead of this week’s OPEC+ meeting with all eyes on Saudi-Russia negotiations.

from DailyFX - Market News https://ift.tt/2XQekiH
via IFTTT

AUD/USD Rate Nudges Higher as RBA Sticks to Status Quo

The Australian Dollar nudged higher after the Reserve Bank of Australia (RBA) kept the official cash rate (OCR) and the three-year yield target unchanged at 0.25%.

from DailyFX - Market News https://ift.tt/36TqEmj
via IFTTT

USD/CAD Rate Eyes Price Gap from March Ahead of BoC Rate Decision

USD/CAD may struggle to fill the price gap from March if the Bank of Canada (BoC) takes additional steps to support the Canadian economy.

from DailyFX - Market News https://ift.tt/2ZXEPoR
via IFTTT

Indian Rupee, Nifty 50 Outlook: Technical Levels Pressured, Risks Brew

Are recent gains in the Indian Rupee and Nifty 50 warranted? Risks are brewing in the background, leaving USD/INR in a consolidative setting as the Nifty pressures resistance.

from DailyFX - Market News https://ift.tt/301lAuC
via IFTTT

Natural Gas Price Remains Vulnerable as Oversupply Issues Persist

Oversupply and demand disruption may continue to drag on the price of liquefied natural gas (LNG) even though it recovers from 22-year lows.

from DailyFX - Market News https://ift.tt/3eKF1fv
via IFTTT

Silver & Copper Prices Enjoyed a Nice Ride - Is it Time to Get Off?

Silver and copper prices have enjoyed a double-digit recovery following their selloff in mid-March, but technical cues are signaling that a pullback may be in the cards.

from DailyFX - Market News https://ift.tt/3gLpu0A
via IFTTT

NZD/USD Rate Forecast: Will RSI Offer a Bullish Signal?

The Relative Strength Index (RSI) may offer a bullish signal for NZD/USD if the oscillator breaks above 70 and pushes into overbought territory.

from DailyFX - Market News https://ift.tt/3dvjB5W
via IFTTT

AUD, NZD May Rise With APAC Stocks Ahead of RBA Rate Decision

The Australian and New Zealand Dollars may rise with Asia-Pacific stocks ahead of the RBA rate decisions despite political unrest in Hong Kong and America.

from DailyFX - Market News https://ift.tt/2ySA0C8
via IFTTT

S&P 500 Forecast: Stocks Face Peril as Day of Reckoning Looms

Stocks continue to surge and propel the S&P 500 Index within striking distance of record highs as bullish equity investors overlook threats from US-China tension escalating, double-digit unemployme...

from DailyFX - Market News https://ift.tt/3eK3NvZ
via IFTTT

New Zealand Dollar Forecast: NZD/USD Runs into Resistance, Will it Hold?

US Dollar weakness persisted to start the week, allowing a number of USD crosses to post outsized moves. NZD/USD was no exception as the pair quickly shot to resistance and a 3-month high.

from DailyFX - Market News https://ift.tt/2Xn8V3j
via IFTTT

Gold Price Outlook: Gold Goes Overbought, Finds Fibonacci Resistance

Gold prices are at their most overbought on the monthly chart since 2011, when prices topped-out. Can bulls bring on an alternative ending?

from DailyFX - Market News https://ift.tt/2Bo1IYs
via IFTTT

US Dollar Hemorrhaging as GBP/USD & AUD/USD Soar, USD/CAD Sinks

US Dollar extends its streak of declines as the DXY Index bleeds lower. GBP/USD and AUD/USD gains stand out in particular as spot USD/CAD plunges to a 12-week low, but will USD price action find a ...

from DailyFX - Market News https://ift.tt/2Br6cxD
via IFTTT

Canadian Dollar Technical Outlook: Loonie Rally Slams USD/CAD into Support

Loonie rallied more than 7% against the US Dollar since the March extremes with USD/CAD now testing support. Here are the levels that matter on the technical charts.

from DailyFX - Market News https://ift.tt/3eCzYxw
via IFTTT

Forex Economic Calendar Week Ahead: RBA, BOC, ECB Meetings; Canada & US Jobs Reports

The June ECB meeting and the May US nonfarm payrolls report take top billing during the first week of the month.

from DailyFX - Market News https://ift.tt/3gIlnlZ
via IFTTT

Markets Week Ahead: AUD, CAD, GBP, Brexit Talks, Dow Jones, USD, NFPs

The Australian Dollar, Canadian Dollar and Euro await the RBA, BoC and ECB respectively. Brexit talks continue, and rising fears of a no-deal could weigh on the British Pound. Will the Dow Jones an...

from DailyFX - Market News https://ift.tt/303rV8K
via IFTTT

GBP/USD, EUR/GBP and FTSE 100 Latest - UK Market Webinar

Sterling is beginning to fade some of last week’s month-end rebalancing strength and now faces mounting levels of political and trade risk.

from DailyFX - Market News https://ift.tt/303giP8
via IFTTT

Crude Oil Prices Rise as Trump Talks Hong Kong, Gold Up on US Unrest

Crude oil prices rose as US President Donald Trump took a less harsh line that markets expected in a clash with Beijing over the fate of Hong Kong. Gold rose as unrest in the US swelled.

from DailyFX - Market News https://ift.tt/3gGwk7F
via IFTTT

British Pound (GBP) Latest: Crucial EU/UK Trade Talks, Emergency UK Stimulus Package Talk

Trade talks between the EU and UK will continue this week with both sides keen to agree a deal but insistent that they won’t change their current stance. Chancellor Rishi Sunak is said to be drawin...

from DailyFX - Market News https://ift.tt/2Y2kWL1
via IFTTT

US Dollar May Rise if Riots, ISM Data Boosts Demand for Liquidity

The US Dollar may rise if ISM data and riots all over the United States further dampen the outlook for consumption and recovery amid the coronavirus pandemic.

from DailyFX - Market News https://ift.tt/3eDKgO2
via IFTTT