USD/MXN Forecast: Dollar-Peso Probes Key Level as Oil Swings

USD/MXN is gravitating around its 200-day moving average. The Mexican Peso is threatening a breakout as commodity currencies tied to crude oil prices strengthen against the anti-risk US Dollar.

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Canadian Dollar Forecast: USD/CAD Slips to 7-Month Low

USD/CAD fell to a 7-month low on Monday as renewed US Dollar weakness paved the way for Canadian Dollar gains. With a fresh low, will USD/CAD continue its downward trajectory?

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EUR/USD Rate Ripping to Two-Year Highs Leaves Euro at Resistance

EUR/USD price action is spiking into month-end and trading at its strongest level since May 2018, but Euro bears seem to be reacting to key technical resistance level as the US Dollar hits two-year...

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US Dollar Price Outlook: USD Pushes Towards Big Zone of Key Support

The US Dollar is pushing towards two-year-lows, but a potentially problematic area on the chart lies ahead for bears.

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Markets Week Ahead: Gold, Dollar, Dow, Euro, AUD, PMIs & Job Data

The US Dollar whipsawed violently last week amid the Fed Symposium, but a pro-risk tone ended up prevailing as stock markets hit fresh record highs and AUD/USD surged. Looking ahead, traders might ...

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Crude Oil Prices May Struggle Despite US Output Plunge

Crude oil prices may struggle to build higher even as data shows US output plunging as lackluster demand struggles to work through still-bloated inventories.

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Euro Price Outlook: EUR/USD, EUR/CHF May Slide as Covid-19 Cases Climb

The EUR/USD and EUR/CHF exchange rates may slide lower as cases of the novel coronavirus continue to climb in several European nations.

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Gold Price Continuation Pattern in Focus Following Fed Symposium

A continuation pattern may pan out over the coming days as the price of gold trades to fresh yearly highs during every single month so far in 2020.

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AUD/USD Analysis: RSI Flirts with Overbought Zone Ahead of RBA Meeting

The RBA interest rate decision may do little to derail the appreciation in AUD/USD as the central bank is expected to retain a wait-and-see approach for monetary policy.

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Nikkei, Hang Seng May Rebound with ASX 200, China NBS PMI Misses

Japan’s Nikkei 225 index may rebound as markets digest news of PM Shinzo Abe’s resignation. The Hang Seng Index and ASX 200 are set to move higher on mixed China PMI readings.

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Japanese Yen May Extend Fall as AUD/JPY, EUR/JPY Eye Multi-Year Highs

The Japanese Yen may fall against its major counterparts as it enters the second-half of an 8-year cycle. AUD/JPY, EUR/JPY rates eye push to multi-year highs.

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Markets Week Ahead: Gold, Dollar, Dow, Euro, AUD, PMIs & Job Data

The US Dollar whipsawed violently last week amid the Fed Symposium, but a pro-risk tone ended up prevailing as stock markets hit fresh record highs and AUD/USD surged. Looking ahead, traders might ...

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Dow Jones May Climb on Dovish Fed, Improving Macro Data

The Dow Jones Industrial Average may stay on its upward trajectory as the Fed sent a clear dovish message in the Jackson Hole symposium. But doubts remains about its rich valuation.

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USD/MXN Week Ahead: Quick Rebound Shows Upside is Limited

USD/MXN sees a spike in volatility after Jackson Hole and Banxico meeting minutes

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EUR/USD Weekly Forecast: Awaiting Breakout From Monthly Range

EUR/USD holding patten as markets await September breakout. US Dollar selling the dominant theme.

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Gold Prices May Rise as Federal Reserve Adopts Average Inflation Targeting

Gold prices may turn higher after Federal Reserve Chair Jerome Powell announced the adoption of average inflation targeting.

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Oil Price Outlook Mired by Rebound in Crude Production

A further rebound in crude production may drag on the price of oil as signs of a protracted recovery dampens the outlook for global demand.

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Australian Dollar May Rise on RBA, Economic Outlook, Strong Risk Appetite

The Australian Dollar may rise following the RBA rate decision amid signs of economic stabilization and resilient risk appetite despite still-precarious fundamentals.

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Gold Price Forecast: Precious Metals Primed for Next Breakout?

Gold price action has pulled back over 5% from its all-time high recorded earlier this month, but precious metals could be geared up for another advance following a healthy consolidation lower.

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