Australian Dollar Outlook Unfazed by Extended COVID-19 Restrictions

The Australian Dollar may rise despite the extension of economically-devastating Covid-19 restrictions in Victoria, Australia’s second most populous state.

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USD/CAD Rebound Stalls as BoC Sticks to Current Policy Tools

The recent rebound in USD/CAD appears to have stalled ahead of the March/June low (1.3315) as the Bank of Canada (BoC) sticks to the sidelines at the September meeting.

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EUR/USD to Reverse? Trump Call for US-China Decoupling Boosts Election Risks

EUR/USD may be on the verge of a major trend reversal as markets digest President Trump’s comments about US decoupling from China ahead of the presidential election.

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US Dollar Outlook: EUR/USD Eyes ECB Meeting as AUD/USD Recoils

The US Dollar surrenders recent gains against key FX peers like the Euro and Australian Dollar as EUR/USD traders look toward an upcoming ECB rate decision while AUD/USD rebounds with market sentim...

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Nasdaq 100 Price Forecast: Is the Technology Rout Over?

Three days of weakness in the technology sector has seen the Nasdaq 100 forfeit considerable ground and fall through nearby support. As demand returns, has the worst of the rout passed?

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Canadian Dollar Price Forecast: USDCAD Pulls Back to Support post-BoC

This morning's Bank of Canada rate decision prodded the Canadian Dollar and USD/CAD has sunk down to a key zone of support for a crucial test.

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Kiwi Dollar Forecast: NZD/USD Showing Potential Signs of Exhaustion

NZD/USD has reversed off of a key weekly level amid recent USD strength and continued speculation of unconventional monetary policy tools available to the RBNZ

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USD/CAD Gyrates on BoC Rate Decision

The Canadian Dollar gyrated as the Bank of Canada held its benchmark rate at 0.25% as the central bank continues its supportive stance following the COVID pandemic.

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USD/ZAR Outlook: ZAR Remains Resilient Despite Dismal Economic Data

USD/ZAR Remains below key psychological level despite dismal GDP figures

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EUR/USD Nears a Fresh One-Month Low But Trade Remains Thin Ahead of ECB Meeting

The Euro (EUR) continues to press lower against the US dollar as traders wait for the latest ECB policy meeting and press conference.

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Crude Oil Prices Down to 3-Month Low on Fed Policy, Seasonal Turn

Crude oil prices have dropped to the lowest level in three months after the Fed adopted a more hands-off policy stance just as markets transitioned out of the ‘summer lull’.

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Canadian Dollar Forecast: USD/CAD, CAD/JPY Levels to Watch on BoC

Bank of Canada to maintain current stance. USD/CAD forms double bottom, CAD/JPY drops to key support.

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British Pound (GBP) Latest: Brexit Row May Weaken GBP/USD Further

Although GBP/USD has already dropped below 1.30, the rising chances of the UK failing to reach a post-Brexit trade deal with the EU could lead to further losses.

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CAD/JPY Rates to Recoup Losses on Wait-and-See Bank of Canada

CAD/JPY rates could claw back lost ground as the Bank of Canada is expected to keep its monetary policy settings steady amid positive fundamental data.

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Gold Price Touches 50-Day SMA for First Time Since June

The price of gold has touched the 50-Day SMA ($1912) for the first time since June as it trades within the August range.

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Nasdaq 100 Lost 10% in 3 Days, Hang Seng and FTSE 100 May Fall

The Nasdaq 100 index tumbled 4% on Tuesday, stretching a three-day loss to over 10%. Futures markets are pointing lower as Asia-Pacific stocks start trading on Wednesday.

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Bitcoin Price Outlook: Will Support At $10,000 Stifle BTC/USD Sellers?

Bitcoin’s 26% retreat from its yearly high posted in August may prove to be a mere short-term pullback if pivotal chart support at the $10,000 mark remains intact.

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USD/CAD Rate Rebound Brings March/June Low on Radar

USD/CAD appears to be on track to test the March/June low (1.3315) for resistance as it breaks out of the range bound price action following Canada’s Employment report.

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AUD/USD at a Critical Juncture as Biden-Trump Spread Widens

AUD/USD is trading at what could be a trend-defining chart support as the US Dollar stages a comeback in tandem with a widening Biden-Trump spread.

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Dow Jones Forecast: Industrial Average Succumbs to Selling Pressures

The Dow Jones extended lower to start the week as US equities post their largest 3-day decline since March. Can technical support keep the Dow Jones afloat or will tech weakness reign supreme?

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