USD/CAD Continues to Eye March Price Gap Ahead of Canada Employment

The update to Canada’s Employment report may influence the near-term outlook for USD/CAD as the economy is expected to shed 500K jobs in May.

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AUD, APAC Stocks May Trim Gains. Is Bullish Sentiment Fading?

The Australian Dollar may fall alongside Asia-Pacific stock markets as bullish sentiment appears to be showing signs of upward exhaustion after a mediocre day on Wall Street.

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NFP: Nonfarm Payrolls Drives the US Dollar & Forex Volatility

Several fundamental forces can impact the US Dollar, but the monthly release of nonfarm payrolls in particular is a frequent driver of USD price action that tends to spark above-average forex volat...

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Dow Jones, Nasdaq 100, S&P 500 Forecasts: What is Fueling the Rally?

The US stock market has moved within reach of all-time highs as equities look to reclaim ground that was lost during the coronavirus crash. Is such a rebound warranted, and what is the driver?

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Macro Matters: USD Down the Drain as Euro, CAD, Aussie Rip Higher

While yet another risk factor has entered the equation as social unrest runs high, markets have just continued to climb.

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FTSE 100 Forecast: Index Surges Through Price Gap, Can it Continue?

The FTSE 100 recently broke through a major level of resistance which allowed for bulls to quickly fill the gap that sat overhead. Can they continue their charge higher?

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US Dollar & Volatility Swoon as Fed Achieves V-Shape Recovery

Largely thanks to the Fed, US Dollar selling pressure sinks the DXY Index to a fresh twelve-week low as appetite for risk runs rampant, crushes volatility, and steers the Nasdaq to its all-time high.

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ECB Reaction: EUR/USD Surges on Large ECB QE Package

ECB delivers large stimulus package Euro and Italian bonds soar.

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Crude Oil Rally Hindered by Gap Resistance, OPEC+ Meeting in Limbo

The V-shaped crude oil recovery has petered out this week as traders wait to hear if today’s mooted OPEC+ meeting will go ahead. Technical resistance is also crimping further upside movement.

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British Pound (GBP) Latest: GBP/USD Increasingly Nervous About Brexit

The possibility that the UK will fail to agree a post-Brexit trade deal with the EU is increasingly a worry for GBP/USD bulls as the deadline for an extension approaches.

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EUR/USD Trades at 3-Month High Ahead of ECB Rate Decision

EUR/USD is stalling ahead of the ECB press conference while the US Dollar looks to hold its ground after falling to its lowest levels since March.

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NZD/USD Comes Up Against March High as RSI Pushes into Overbought Zone

NZD/USD has come up against the March high (0.6448) and the bullish momentum may persist as the Relative Strength Index (RSI) pushes into overbought territory.

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Gold Prices Sink, Crude Oil Risks Falling with OPEC+ Meeting in Doubt

Gold prices sank as ADP estimated a smaller contraction in jobs ahead of NFPs. Crude oil prices may fall with the OPEC+ meeting in doubt as WTI left behind a Doji candlestick.

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ASX200 Climbs to Post-Lockdown Highs Even though Australia Contracts

The ASX200 rallies to post-COVID highs even though Australia appears to be on track to face its first recession in 29 years.

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Dollar Outlook vs Mexican Peso, South African Rand, South Korean Won

The US Dollar has been aggressively declining versus the Mexican Peso, South African Rand and South Korean Won. The USD/KRW selloff may continue, but USD/MXN and USD/ZAR could start recovering.

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AUD/USD Forecast: 2020 High on Radar as RSI Sits in Overbought Zone

AUD/USD may attempt to test the 2020 high (0.7032) following the Reserve Bank of Australia (RBA) meeting as the Relative Strength Index (RSI) sits in overbought territory.

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NZD Rally May Extend into Asia as Data Stabilization Inspires Optimism

The New Zealand Dollar may rise with APAC stocks heading into Asia as data stabilization amid the coronavirus pandemic appears to be inspiring bullish sentiment.

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US Dollar & Volatility Swoon as Fed Achieves V-Shape Recovery

Largely thanks to the Fed, US Dollar selling pressure sinks the DXY Index to a fresh twelve-week low as appetite for risk runs rampant, crushes volatility, and steers the Nasdaq to its all-time high.

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FTSE 100 Forecast: Index Surges Through Price Gap, Can it Continue?

The FTSE 100 recently broke through a major level of resistance which allowed for bulls to quickly fill the gap that sat overhead. Can they continue their charge higher?

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Canadian Dollar Price Outlook: USD/CAD Grinds Around Big Fig Support

USD/CAD continues to test the 1.3500 level, even through the Bank of Canada rate decision; but sellers haven't yet been able to establish much for trends below 1.3500.

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