NZD/USD, NZD/JPY May Wilt as Covid-19 Concerns Halt Trans-Tasman Bubble

The NZD/USD and NZD/JPY exchange rates may break lower as surging coronavirus cases in Australia threaten the implementation of the Trans-Tasman travel bubble.

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USD May Fall Despite Rising Covid-19 Cases, Euro Holding Breath on EU Summit

Despite a growing number of coronavirus cases, the US Dollar may extend its losses versus its peers while the Euro waits in suspense on the outcome of a key EU summit.

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Markets Week Ahead: US Dollar, Dow Jones, S&P 500, Microsoft, Coronavirus

The US Dollar fell as the S&P 500 and Dow Jones climbed despite rising coronavirus cases in the US. With earnings season in full swing, all eyes turn this week to Microsoft after dismal figures fro...

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Nasdaq 100, Dow Jones, DAX 30 Forecasts for the Week

The major equity markets will look to another string of high profile earnings reports in the week ahead as other tech members throw their hat in the ring following a rough start to the season.

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Euro Forecast: Outlook for EUR/USD Positive After ECB and EU Summit

The week ahead is looking quieter but positive for EUR/USD and the Euro crosses after a busy few days that included both Thursday’s ECB meeting and the weekend EU Summit.

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Gold Price Forecast: Gold Above $1800, What Next?

Gold prices are on course for a 6th consecutive weekly gain, the first time in over a year.

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US Dollar Outlook Bearish on Economic Stabilization, Soft Haven Demand

The US Dollar may extend its losses against its G10 peers as signs of economic stabilization alleviate demand for haven-linked assets like the Greenback.

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Crude Oil Weekly Forecast - Oil Price Supported by OPEC Demand Forecasts and Easing Production Cuts

OPEC+ producers will begin easing recent supply cuts from the start of August as demand continues to pick-up.

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Australian Dollar May Wilt with Dow Jones, S&P 500 Looking Wobbly

The Australian Dollar may fall as rising US coronavirus cases may result in lockdowns being reinstated. The S&P 500 and Dow Jones also look wobbly with earnings season in full swing.

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Canadian Dollar Price Outlook: USDCAD Range Continues Post-BoC

USD/CAD has continued to trade in its pre-defined range after the Bank of Canada maintained rates at their recent meeting.

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S&P 500 Price Outlook: Will Abysmal Netflix Earnings Dent Sentiment?

Streaming service provider and content producer Netflix saw its stock price crater after reporting weak earnings and guidance after the close on Thursday.

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EUR/USD, Gold Price & More – Charts for Next Week

The Euro continues to look steady and heading higher, while gold as well has a firm structure with a clean line-in-the-sand to watch.

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Australian Dollar Forecast: Key AUD/USD Levels to Watch

Rather calm week for the Australian Dollar. However, upside has stalled at key resistance.

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EUR/GBP Price Latest: Back Above Supportive Short-Term Trendline

EUR/GBP continues to make supportive higher lows this week and is back above a trendline started in late April. IG client sentiment data suggests further gains may be on the cards.

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British Pound (GBP) Latest: GBP/USD May Receive a Boost Next Week on Vaccine News

GBP/USD remains in the middle of this week’s tight range after a slew of heavyweight data failed to trigger a move. A report out Monday on the Oxford COVID-19 vaccine may give Sterling a fresh driver.

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EUR/USD Eyes Fresh Highs After Break of Bullish Chart Pattern

The EUR/USD exchange rate may climb to fresh yearly highs after validating the breakout of a bullish trend continuation pattern.

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USD/IDR May Rise as Jakarta Composite Falls After Bank of Indonesia

The USD/IDR may rise after the Bank of Indonesia cut rates to a record low, expected more intervention from the BI. This is as the Jakarta Composite index rose beyond a 4-month high.

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S&P 500 Challenges 3,200 Resistance, Hang Seng Tests 25,000 Support

US indices fell slightly as technology sector stocks fell. The Hang Seng Index is set to test a key support at 25,000 after falling 2% yesterday. Netflix share price fell 9%.

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Gold Prices Vulnerable as RSI Snaps Upward Trend

Recent developments in the Relative Strength Index (RSI) warn of a potential pullback in the price of gold as the indicator snaps the upward trend from June.

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US Dollar May Reclaim Lost Ground vs AUD as Haven Demand Spikes

The US Dollar may extend its gains after stocks on Wall Street ended in the red and put a premium on haven-linked and anti-risk assets.

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