AUD/USD Trades to Fresh Yearly High Ahead of RBA Policy Statement

The updated Statement on Monetary Policy may keep AUD/USD afloat as the RBA continues to rule out a negative interest rate policy (NIRP) for Australia.

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US Dollar May Extend Losses as Gold Prices Surge With Stock Markets

The US Dollar may continue to decline versus gold and growth-linked assets in an environment of high risk tolerance and buoyancy in equity markets.

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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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GBP/USD Price Outlook: Pound Sterling Eyes BoE Update on Tap

The Pound-Dollar looks primed for currency volatility judging by implied GBP/USD price action headed into Thursday’s scheduled Bank of England (BoE) monetary policy update.

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Bank of England (BoE) Rate Decision Preview: So Far, So V

The BoE is not expected to make any major changes to the current monetary policy. But surprise negative rate talk is a risk.

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US Dollar Price Action: USD Bears are Back - EUR/USD, AUD/USD

USD bears didn't wait around for long: After a resistance test at a significant swing-low from 2018, sellers have returned with a vengeance.

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Global Risk Events for August - BoE, RBNZ, Fed Jackson Hole Symposium in Focus

Throughout August, key risk events will come in the form of the BoE, RBNZ rate decision. Alongside the Fed’s Jackson Hole Symposium.

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Crude Oil Prices Up with Gold and Stocks as US Dollar Drops, EIA Eyed

Crude oil prices rose as alongside US stock markets and gold while the US Dollar traded sharply lower. S&P 500 futures hint these moves may extend. EIA inventory data is due.

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Gold Soars to a Fresh All-Time High, Silver at its Best Level in Seven-Years

Gold and silver continue to rally hard, fueled by persistent US dollar weakness, negative real yields and the haven-status of the precious metals space.

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British Pound (GBP) Latest: FTSE 100 Heading Higher, GBP/USD Flat

The FTSE 100 index of the major London-listed stocks is gaining some upward momentum and could rise further as traders shrug off concerns about the cost of pandemic relief programs.

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DAX 30 Index Hampered by Covid-19 Concerns As German Bunds Eye Fresh Highs

Germany’s DAX 30 stock index may slide lower on ‘second wave’ Covid-19 fears as haven-associated German Bunds eye fresh monthly highs.

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EUR/USD Outlook: Rates to Watch as RSI Holds in Overbought Zone

The persistent reading above 70 in the RSI is indicative of a further appreciation in EUR/USD like the behavior seen in June.

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Copper Price Outlook: Pullback on the Cards as US-China Trade Tensions Escalate

Copper prices seem to have stalled just shy of key chart resistance as geopolitical tensions weigh on the global-growth proxy.

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Hang Seng Index May Break Key Resistance, China A50 Awaits PMI

The Hang Seng index rebounded 2% on Tuesday, challenging a key resistance at 25,000. The China A50 index edged higher following an upbeat US session.

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Gold Price Blasts Through $2000 to Mark Fresh Record High

The price of gold blasts through the psychologically important $2000 mark to tag a fresh record high ($2026).

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New Zealand Dollar Rallies on Stellar Jobs Data, AUD/NZD to Reverse?

The New Zealand Dollar extended its rally after a bright day on Wall Street after release of better-than-expected local jobs data. Will AUD/NZD again retreat from 5-year resistance?

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How China-ASEAN Relations Impact SGD, IDR, MYR, PHP

Learn about the ASEAN-China relationship and how to trade ASEAN currencies like the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using the Core-Perimeter model.

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S&P 500 Price Outlook: VIX Drifts Sideways as Stocks Sputter

Looking beyond stellar big tech earnings, the S&P 500 Index has changed little over the last two weeks as stocks lose upward momentum and the VIX ‘fear-gauge’ stays supported amid stimulus talks st...

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AUD/USD Forecast: AUD/USD Clings to Trendline with Bearish Sentiment

Bulls maintain control in AUD/USD, but can they break through Fibonacci resistance?

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GBP Price Outlook: Pound Sterling Eyes PMIs & BoE Inflation

The Pound Sterling could be ripe for volatility later this week in light of the upcoming revision date to Markit PMI data and a highly-anticipated Bank of England monetary policy update on deck.

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