FTSE 100 Holding on to Moving Average Support After Shocking UK Data

The sharp sell-off in risk assets this week has knocked nearly 500 points of the FTSE 100 in one-way trade and the index is now testing support off the 50-day moving average.

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British Pound (GBP) Latest: Record GDP Collapse, GBP/USD Dips

The UK economy had its largest monthly contraction on record in April with GDP crashing 20.4%.

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EUR/USD Falters as COVID-19 Cases Surge, US Stocks May Recover

EUR/USD has surrendered at key resistance as a surge in US COVID-19 cases sent risky assets spiraling downward. However, US stock futures hint sentiment may recover.

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Indian Rupee, Nifty 50 May Fall. Virus Cases Grow, Consumption Falters

The Indian Rupee and Nifty 50 may fall as local virus cases grow and retail consumption dwindles. Jitters from investors could reignite capital outflows, pushing USD/INR higher.

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USD/CAD Surges, CAD/JPY Plummets as Market Sentiment Sours

The Canadian Dollar has retreated from post-crisis highs as the risk-associated currency suffers from souring market sentiment.

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S&P 500 Index, Crude Oil Outlook Bearish After Uptrends Invalidated

Crude oil prices and the benchmark S&P 500 index may face increasingly-aggressive selling pressure after they both shattered their respective uptrends. What happens next?

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AUD/USD Outlook Mired by RSI Sell Signal Ahead of Fed Testimony

AUD/USD may face a larger correction ahead of the Fed testimony in front of Congress as the RSI falls back from overbought territory and offers a textbook sell signal.

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US Dollar and Yen Surge as Stocks Crater. APAC Equities, AUD to Follow?

US equity markets plunged and catapulted the anti-risk Japanese Yen and US Dollar higher. AUD and Asia-Pacific stocks now brace for what could be an extended selloff in the region.

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Hang Seng Index: Bulls Stumble on Recent Gains as Global Risk Appetite Recedes

The Hang Seng index faces focused political and economic pressure, however, a recent breakdown in risk appetite globally may allow bears to overtake the recent momentum in the index.

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US Dollar Rises from the Dead as VIX Soars, Stocks Drop Sharply

The US Dollar attempts to put an end to its downward spiral as the DXY Index and VIX ‘fear-gauge’ surge thanks to returning demand for anti-risk assets fueled by a sharp selloff in stocks.

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Gold Price Outlook: Gold Grapples at Fibonacci Resistance...Again

Gold prices have moved back to a key level of Fibonacci resistance following yesterday's FOMC rate decision. Can bulls drive through this time?

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DAX 30, FTSE 100 & CAC 40 Forecasts: How Far Will Stocks Fall?

European equities extended their losses in the second half of the week as selling spread to US indices following the FOMC rate decision. Will the bullish trend reverse, or is this a mere blip?

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Central Bank Watch: RBA, RBNZ, & BOC Interest Rate Expectations

As the global economy inches towards recovery, the commodity currencies have enjoyed significant gains. Are we out of the woods?

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US Dollar Fueled by Rising US Yields, Falling Fed Rate Cut Odds

The US Dollar (via the DXY Index) has seen losses accumulate rather quickly throughout June.

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S&P 500 Outlook: FOMC Punchbowl is Here to Stay, S&P 500 Drops to Support

Equity markets under pressure post Fed meeting, however, liquidity taps remain in full flow.

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Gold Prices Up, Crude Oil Down with Stocks AFter Fed Meeting

Gold prices got a lift as the Fed promised to maintain an ultra-loose policy stance but sluggish progress on stimulus expansion cooled risk appetite and hurt crude oil.

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Bitcoin (BTC) Making a Fresh Attempt at Multi-Month Highs

Bitcoin’s slow grind higher sees it once again nudging resistance at $10,000, a level that currently seems to both attract and reject price action. A break above here may well lead to a fresh multi...

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British Pound (GBP) Latest: GBP/USD Weak Ahead of Friday's GDP Data

GBP/USD has lost some of its recent strong gains ahead of UK economic growth data due Friday that will show a dramatic fall in the three months to April due to the coronavirus pandemic.

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GBP/USD Retreats, Stock Futures Sink as US COVID-19 Cases Swell

GBP/USD is retreating from fresh-monthly highs alongside US stock futures as a surge in COVID-19 cases compounds fears of a second wave of infections.

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Emerging Markets at Risk? Capital Flows Eyed After Fed, Powell

Emerging market capital outflows have been cooling. Yet, the EEM may be stalling in the aftermathof the Federal Reserve rate decision and Chair Jerome Powell press conference.

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