USD/ZAR Latest: Global Factors Dictating the South African Rand

With the USD/ZAR consolidating, it is only a matter of time before the pair receives the required fundamental catalyst to give traders directional bias

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New Zealand Dollar Forecast: NZD/USD, NZD/CAD Pressured by RBNZ Doves

NZD continues underperform as RBNZ doves maintain pressure on the currency.

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Gold Prices May Resume Selloff After Digesting Largest Drop in 7 Years

Gold prices might face renewed selling pressure after pausing to digest the biggest one-day drop in over seven years. Crude oil prices appear vulnerable as well.

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EU Stoxx 50 Index May Slide Lower on Disappointing GDP, Employment Data

The EU Stoxx 50 index is at risk of a near-term pull back ahead of the Euro-area’s upcoming second-quarter GDP release.

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Crude Oil Prices Brace for Impact with US-Iran Tensions Brewing

Crude oil prices may rise if renewed US-Iran tensions stoke supply-disruptions fears – but will that be enough to sustainably offset OPEC disengagement and push Brent higher?

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Australian Dollar Dips Lower Despite Better-Than-Expected Employment Data

The Australian Dollar initially climbed higher before stumbling at session-highs, despite positive Australian jobs data.

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Hang Seng Gains Before US-China Talks, Gold Prices Stabilize

The Hang Seng Index surged for a second day ahead of the review of the US-China phase one trade deal. Treasuries fell on rising inflation expectations.

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Canadian Dollar Forecast: Bond Yields Sink USD/CAD, TSX Eyes March High

The Canadian Dollar gained with government bond yields, might USD/CAD find its way to current 2020 lows? Canada’s benchmark stock index, the TSX Composite, faces the March high.

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Australian Dollar Eyes Jobs Data After S&P 500 Touched All-Time High

Australian Dollar traders will have their eye on local jobs data. AUD and commodity-linked currencies may be boosted by strong risk appetite after a buoyant day on Wall Street trade.

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AUD/USD & ASX 200 Forecast: Can Aussie Stocks Break Higher?

The ASX 200 has encountered robust resistance around the 6,185 mark while AUD/USD looks to continue its upward journey. Still, shifts in risk appetite leave both markets on precarious footing.

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VIX Index Flops as Rotation Trade Sends Stocks & Yields Surging

The VIX Index, or fear-gauge, is falling fast as S&P 500 price action rallies hard on the back of the rotation trade out of bonds and into stocks. This is sending Treasury yields on a sharp spike h...

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New Zealand Dollar Forecast: NZD/USD, NZD/CAD Slip to Major Support

New Zealand Dollar weakness has sent NZD/USD and NZD/CAD stumbling to major trendline support after a dovish RBNZ rate decision. If broken, both pairs may be susceptible to further selling.

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Silver Price Forecast: Silver Slices Support, Bulls Aim for Recovery

While Gold had a big month of July - Silver put in a far bigger move. But as the release valve has opened in the month of August, can bulls support the trend?

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Euro Price Outlook: EUR/USD Builds Range – Chart Levels Eyed

EUR/USD price action has drifted sideways over the last few trading sessions as Euro strength putters out and helps the US Dollar claw back recent losses. Where is EUR/USD headed next?

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Gold Price Forecast Bright & Volatile as USD, Real Yields Swing

Gold price performance has garnered quite a bit of market attention over recent weeks as the precious metal hits new all-time highs thanks to a parabolic rally fueled by falling real yields and US ...

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FTSE 100 Latest: Moving Higher Towards Trading Range Resistance

The FTSE 100 remains locked in a 6-8 week trading range and is currently pushing towards a re-test of the upper bound and the 50% Fibonacci retracement level.

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EUR/GBP Looks for Directional Cues after Record Drop in UK GDP Data

EUR/GBP fixated around the key 0.9000 level as price action offers no clear directional bias as the market digests a record drop in UK GDP

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Gold & Silver Prices Bounce Off Key Support Following Bond Fuelled Crash

Gold and Silver crash stemming from a surge in US yields. However, both bounce off 50% retracement.

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UK Q2 GDP Falls by a Record 20.4% But Signs of a Recovery Appear, GBPUSD Unchanged

The UK economy fell into a technical recession in the second quarter due to the COVID-19 pandemic with the economy contracting by over 20%. The monthly GBP figure for June however shows signs of a ...

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Euro Price Outlook: EUR/USD Bull Flag in Play as Covid-19 Case Numbers Taper

The EUR/USD exchange rate appears poised to resume its uptrend as it carves a potential Bull Flag pattern just shy of chart resistance.

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