GBP/USD Treading Water as Investors Eye BoE Rate Decision

GBP/USD is in danger of breaking down as focus turns to the Bank of England (BoE) interest rate decision.

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EUR/USD Rate Struggles Ahead of EU Meeting on European Recovery Fund

EUR/USD dips to a freshly weekly low ahead of the EU meeting on June 19, with the agenda focused on “establishing a recovery fund to respond to the COVID-19 crisis.”

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AUD/USD Plunges as Australia Unemployment Rate Jumps to 19-Year High

The Australian Dollar plunged as the local economy shed 227,000 jobs and the unemployment rate rose to a 19-year high of 7.1%.

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Indian Rupee Eyes China-India Border Dispute, Nifty 50 at Risk

The Indian Rupee eyes escalating China-India tensions along a disputed border. USD/INRcleared key resistance, opening the door to further gains. Will the Nifty 50 fall?

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USD/CAD Reversal from March Low Still in Focus Following BoC Testimony

The limited reaction to the Bank of Canada (BoC) testimony raises the scope for a larger correction in USD/CAD as the exchange rate reverses at the March low (1.3315).

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NZD Falls on GDP Data, Australian Dollar Braces for Key Jobs Report

The New Zealand Dollar fell after local GDP data underwhelmed Looking ahead, AUD is bracing for a key domestic jobs report – will the statistics cause selling pressure to swell?

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Dow Jones, S&P 500 Price Outlook Hinge on Jobless Claims Data Due

The Dow Jones and S&P 500 stumbled ahead of Thursday’s trading session as investor appetite for risk stalls with weekly jobless claims data due for release. What’s the stock market’s next move?

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Nasdaq 100 Forecast for the Week: Technical Patterns Weakened

A surge in volatility has worked to erode a crucial technical pattern after price broke above and below the confines of an ascending channel. Is the damage a sign of rising instability?

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Gold Price Outlook: Gold Holds Below Key Resistance, Range Remains

Despite the fireworks in equities Gold prices have remained fairly calm over the past couple of months. Is that set to soon change?

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US Dollar Stages Rebound as VIX ‘Fear-Gauge’ Climbs, Dow Slumps

The US Dollar continues to show encouraging signs that a potential bottoming attempt might be in play as the VIX Index, or Wall Street fear-gauge, starts to edge higher while stocks lose upward mom...

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EUR/USD, EUR/JPY Rallies Infeebled by Virus Headlines - Key Levels

Resurgent fears of a new coronavirus wave have kneecapped the Euro.

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S&P 500, Nasdaq 100, Silver & More: Index & Commodity Charts

The stock market is bouncing from support, but still determining whether a pullback or if more weakness to come; silver trying to lift from support.

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Canadian Dollar Outlook: USD/CAD Probing 200-DMA Support Again

USD/CAD is testing support off the 200-day moving average, an indicator that has underpinned the pair over the last 14 weeks. A clean break below could see USD/CAD losses mount.

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DAX 30 Outlook: Stimulus Outweighs China Second Wave Risks For Now

Central bank largesse sees risk appetite supported, despite rising geopolitical and second wave virus concerns.

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British Pound (GBP) Latest: GBP/USD Steady Ahead of Bank of England Meeting

GBP/USD is stable despite news of a fall in UK inflation to a four-year low and will likely tread water ahead of the Bank of England’s latest monetary policy decisions due Thursday.

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GBP/JPY Eyes Monthly Low as COVID-19 Concerns Fuel Risk Aversion

GBP/JPY may continue to retreat from post-crisis highs, as second wave concerns and China-India tensions fuel risk aversion.

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Gold Price Holds Steady as Fed Pledges to Purchase at ‘Current Pace’

Current market conditions may keep the price of gold afloat as Fed Chairman Jerome Powell pledges to increase the central bank balance sheet over the coming months.

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Indian Rupee Eyes China-India Border Dispute, Nifty 50 at Risk

The Indian Rupee eyes escalating China-India tensions along a disputed border. USD/INRcleared key resistance, opening the door to further gains. Will the Nifty 50 fall?

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Crude Oil Price Rise Capped By Fed's Powell, Chart Warns of Topping

Crude oil prices backtracked as Fed Chair Jerome Powell cooled hopes for a near-term expansion of the US central bank’s stimulus menu. More of the same may be ahead.

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Nikkei 225 and ASX 200 Break Uptrends, HSI Reverses At Resistance

The return of risk aversion has seen the ASX 200 and Nikkei 225 slice through their respective 12-week uptrends, as Hong Kong's Hang Seng Index falls just shy of the 200-day moving average.

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