AUD/USD Monthly Opening Range Intact Ahead of Australia Jobs Report

Australia’s Employment report may trigger a bullish reaction in AUD/USD as the update figures are expected to show a further improvement in the labor market.

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EUR/USD Rate Outlook Hinges on 2021 ECB Forward Guidance

EUR/USD trades back above the 50-Day SMA (1.2081) ahead of the ECB’s first rate decision for 2021 as it extends the rebound from the monthly low (1.2054).

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USD/CAD Snaps Lower Following Bank of Canada Rate Decision

The Canadian Dollar is surging to session highs as USD/CAD price action plummets in response to the latest Bank of Canada interest rate decision just crossing market wires.

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Sentiment Snapshot (Europe): GBP/USD, EUR/JPY, GBP/JPY

This sentiment snapshot looks at some of the larger imbalances in positioning across a number of currency pairs and what this could mean for each

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Market Sentiment Firms as Netflix Soars, Euro Weakens as EUR/GBP Cracks Support - US Market Open

Tech stocks outperforms on Netflix. Italy PM survives confidence vote, however, government remains fragile

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Bank of Canada Preview: Canadian Dollar (CAD) Guide for BoC Rate Decision

BoC expected to maintain current policy despite some suggestions of a micro-cut.

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Gold Prices Rise to Critical Resistance on Inauguration Day

Gold prices capped by key resistance, US real yields key for direction.

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IBEX 35 Forecast: Price Consolidates as European Equities Struggle to Keep Up

The IBEX 35 consolidates between two Fibonacci levels, EUR loses bullish momentum

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EUR/GBP Price Outlook - Breaking Multi-Month Support Ahead of the ECB Rate Decision

EUR/GBP is probing an important support level, which if broken convincingly opens the way to further losses in the short-term

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British Pound (GBP) Latest: Trend Higher Intact, UK Inflation Above Expectations

GBP/USD continues to march higher within a rising channel on the charts, helped this session by news that UK inflation in December was higher than expected by analysts.

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S&P 500 Index Outlook: Yellen's Calls for Fiscal Support to Buoy SPX

The S&P 500 index looks set to continue it s climb to fresh all time highs on the back of Treasury Secretary nominee Janet Yellen’s push for addition fiscal support.

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Gold, Crude Oil Outlook: Weaker Dollar and Reflation Hopes Underpin Prices

Gold and crude oil prices climbed as the US Dollar retreated for a second day. US Treasury Secretary nominee Janet Yellen defended Joe Biden’s US$ 1.9 trillion fiscal stimulus plan, buoying commodi...

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Natural Gas Outlook: US Prices Sink Despite Global Supply Disruptions

Natural gas is moving lower after weather models pointed to warmer-than-average temperatures across much of the US.

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Dow Jones Up on Yellen Stimulus Push; Hang Seng and ASX 200 May Climb

The Dow Jones, S&P 500 and Nasdaq 100 indices rebounded after Yellen defended Biden’s $1.9 trillion fiscal stimulus package in the Senate confirmation hearing. Netflix jumped 12% on strong subscrib...

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Australian Dollar Outlook: AUD/USD Unfazed by Falling Westpac Confidence

The Australian Dollar is moving higher versus the US Dollar despite a 4.5% drop in the Westpac Consumer Confidence index. That move was preceded by an optimistic session on Wall Street as traders c...

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US Dollar Outlook: USD/CAD Volatility Jumps as BoC Decision Looms

The DXY Index slid -0.3% on Tuesday as US Dollar bears chisel away at recent gains. USD/CAD price volatility looks primed to intensify with the Bank of Canada rate decision on deck.

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Dow Jones Price Outlook Tied to Earnings as Netflix Soars on Subscriber Beat

Earnings season will continue this week as the country’s biggest banks weigh in and key Dow components like UnitedHealth Group report their quarterly performances. The findings may influence sentim...

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Gold Price Forecast: November Low on Radar as RSI Snaps Upward Trend

The price of gold may continue to give back the rebound from the November low ($1765) as the RSI fails to retain the upward trend carried over from December.

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Euro Awaits Italian Vote, Yellen to Urge Lawmakers to Act Big - US Market Open

Leaked text of Yellen suggests event will not be notably market moving. Euro looks to Italian Senate vote.

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Crude Oil Latest: Trend Higher Still in Place Despite IEA Cutting Forecast For Demand

The International Energy Agency has lowered its forecasts of demand for oil in both Q1 and 2021 as a whole but the price of US crude remains in a trend higher, with $55 per barrel in focus.

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