USD/JPY Outlook: Record Decline in Japanese GDP, Key USDJPY levels

USD/JPY has traded slightly lower after the Japanese economy experienced the worst decline in quarterly GDP on record. Short-term uptrend remains for now

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British Pound (GBP) Latest: EU/UK Trade Talks Resume, GBP/USD Hints at a Positive Breakout

The EU/UK trade talks continue in Brussels this week against a marginally positive backdrop. Sterling is pushing higher and GBP/USD is nearing a multi-month high.

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Crude Oil Prices Hold Up Despite OPEC+ Output Rise, Demand Drop

Crude oil prices have managed to hold up despite the unwinding of OPEC+ output curbs and a demand outlook darkened by the Covid-19 pandemic.

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USD/CAD Rates May Wilt on Canadian Inflation and Retail Sales Data

The USD/CAD exchange rate may extend recent declines should upcoming Canadian inflation and retail sales data exceed consensus estimates.

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Gold Price Levels to Watch as Rebound from August Low Unravels

The price of gold may continue to search for support over the coming days as the rebound from the monthly low ($1863) unravels.

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EUR/USD Rate Approaches 2020 High as RSI Retains Upward Trend

Current market conditions may keep EUR/USD afloat as the Relative Strength Index (RSI) continues to track the upward trend established in March.

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US Dollar Fundamental Outlook: USD/IDR, USD/PHP, USD/SGD, USD/MYR

The US Dollar traded lower against most ASEAN currencies last week. The IDR and PHP are eyeing the Indonesian and Philippine central bank with US-China trade talks postponed.

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Nasdaq Leads Nikkei 225 and ASX 200 Lower, US-China Talks Postponed

Japan’s Nikkei 225 and Australia’s ASX 200 stock indices look uneasy following a soft US session. Market sentiment is weighed by the delay of the US-China trade review.

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Japanese Yen Price Outlook: EUR/JPY, AUD/JPY Levels to Watch

The Japanese Yen may extend recent declines after breaching key chart support. AUD/JPY eyeing fresh yearly highs, EUR/JPY stalling ahead of key resistance.

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Markets Week Ahead: Gold, Dow Jones, US Dollar, Fed and ECB Minutes, Earnings

Gold prices tumbled as the Dow Jones rose on rising confidence in the global economic outlook, leaving the US Dollar under pressure still. With US-China trade talks postponed, all eyes turn to US r...

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Dow Jones Faces Pressure as Inflation Bets with the US Dollar

The Dow Jones Industrial Average may face increasing selling pressure after the stock index moved back to the pre-Covid levels. A rising inflation outlook may lead to a less-dovish Fed and thus a s...

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USD/MXN Week Ahead: Is The Upside In The Mexican Peso Sustainable?

USD/MXN breaks below downtrend support as Banxico cuts rates to help restart the economy

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Euro May Rise if Q2 GDP and PMI Data Reinforce Recovery Hopes

The Euro may rise if preliminary Q2 GDP data and PMI statistics shows a brighter than-expected-picture and kindle hopes of a smoother recovery.

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Gold Price Outlook: Will XAU/USD Brush off Worst Week in 5 Months?

Gold prices suffered the worst week in 5 months, is this the beginning of a new trend? The short-term outlook still seems to favor the upside on cheap global borrowing costs.

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US Dollar Price Forecast: Stimulus Deadlock, China Row Boost USD

The US Dollar may rise, buoyed by haven demand as fiscal stimulus talks stagnate and swelling tensions between Washington and Beijing sink trade talks.

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Crude Oil Weekly Outlook: Crude Oil Stalls Ahead of OPEC Meeting

Upside in Crude Oil struggling ahead of OPEC meeting. Cartel likely to maintain wait and see approach.

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AUD Forecast: Australian Dollar Vulnerable as Complacency Builds

The Australian Dollar has kept a bid alongside the slow-and-steady decline in volatility. Bulls may continue steering AUD price action higher, but the Aussie lies at risk of a bearish shift in mark...

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Nasdaq 100 Index Falls on Consumer Sentiment Report

The University of Michigan's Consumer Sentiment report printed 72.8 on Friday morning, sending the Nasdaq 100 index lower as consumer expectations remain downbeat in the current economic landscape ...

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GBP/USD, USDJPY & More – USD Charts For Next Week

The US Dollar continues to work on a sideways move in general that could lead to more weakness; USD/JPY bucking that trend while GBP/USD highlights it.

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Australian Dollar Forecast: AUD/USD, AUD/NZD Levels to Watch

AUD/USD stalling, AUD/NZD makes key topside break on diverging monetary policy.

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