Gold Price Wavers as USD Jumps Post-FOMC Minutes

Gold price action is tumbling as the US Dollar snaps sharply higher immediately after the July 2020 FOMC minutes release.

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US Dollar Cautious Ahead of FOMC, NZD/USD Flying High - US Market Open

Tentative session ahead of the FOMC minutes. Kiwi flying high despite negative rate calls, while UK inflation jumps.

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Euro Dollar Outlook: Price Action Stalls Ahead of FOMC

After nine consecutive weeks of gains, EUR/USD price action stalls ahead of FOMC

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Canadian Dollar Forecast: Key USD/CAD Levels to Watch

USD/CAD downtrend remains firmly intact as USD selling theme dominates pair. Risks for 1.30 handle.

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Canadian Dollar Forecast: Key USD/CAD Levels to Watch

USD/CAD downtrend remains firmly intact as USD selling theme dominates pair. Risks for 1.30 handle.

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British Pound (GBP) Latest: GBP/USD Prints a Fresh Yearly High, UK Inflation Picks Up

The latest ONS inflation release showed price pressures picking up in the UK as lockdown measures were eased. GBP/USD remains elevated after Tuesday’s rally.

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DAX 30 Index Eyeing Yearly Highs as German Bunds Approach Key Resistance

Germany’s DAX 30 index may push to fresh yearly highs as German Bunds struggle to breach key chart resistance.

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Crude Oil Prices Eye OPEC+ Meeting. Will Gold Rise on FOMC Minutes?

Crude oil prices are eyeing the upcoming OPEC+ online meeting and EIA inventory data. Will gold prices extend recent gains on the FOMC meeting minutes?

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Gold Price Stages V-Shape Rebound with Federal Reserve Minutes on Tap

The FOMC Minutes may do little to derail the V-shape rebound in the price of gold as the crowding behavior in the US Dollar looks poised to persist.

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US Dollar May Rise on US-China Trade War Risks, F-16 Jet Sale to Taiwan

The US Dollar may find itself in a favorable light if tension between the US and China over arms sales to Taiwan and delayed trade talks put a premium on haven-linked currencies.

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NZD/USD Rates Poised to Rise Despite Extension of Covid-19 Restrictions

NZD/USD rates appear poised to climb higher despite the extension of stage-three coronavirus restrictions in Auckland, New Zealand’s largest city.

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S&P 500 Hits Record High, USD at 2-Year Low, Hang Seng Trades Lower

The S&P 500 index climbed to its all-time high at 3,389. The US Dollar index fell to its lowest level seen since May 2018. Hang Seng Index may open lower.

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EUR/USD Rally Pushes RSI Into Overbought Zone Ahead of FOMC Minutes

It remains to be seen if the FOMC Minutes will derail the EUR/USD rally as the Relative Strength Index (RSI) climbs above 70 for the fourth time this year.

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AUD/USD Eyes Key Ceiling as US Dollar Slides Deeper into 2-Year Low

AUD/USD is flirting with key resistance and is in part being aided by strong risk appetite and relentless selling pressure in the US Dollar.

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Gold Price Forecast: XAU/USD Rebounds, Will the Bull Case Continue?

Gold has been a hot commodity in the year-to-date, surging in the wake of the coronavirus pandemic. A recent price pullback sparked concern, but many of the underlying tailwinds remain.

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VIX ‘Fear-Gauge’ Lifeless as S&P 500 Index Price Hits New Record

The VIX ‘fear-gauge’ is floundering with the S&P 500 Index closing at its all-time record high set in February prior to the onset of the coronavirus pandemic, but can stocks keep pressing higher?

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Japanese Yen Forecast: USD/JPY, CAD/JPY, AUD/JPY

The Japanese Yen has witnessed some dramatic price swings across a variety of pairs in recent weeks, but few of the longer-term trends have changed. Here are the levels that could see price moves a...

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Crude Oil Price Outlook Buoyed by Falling Volatility; PMIs Eyed

Crude oil price action could keep edging higher as risk appetite flourishes while market volatility bleeds lower, but upcoming Markit PMI readings might hint at a stalling economic recovery.

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US Dollar Bear Flag Breakout Begins - Key Levels for DXY Index

The US Dollar (via the DXY Index) has fallen to fresh yearly lows after consolidating for the first half of August.

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Euro, Pound & More: Charts and Technical Outlook

The EUR and GBP are trading against the top of recent ranges versus the USD; breakout or range some more?

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