British Pound (GBP) Latest: GBP/USD Highest Since May 2018, Uptrend Intact

The long-term trend higher in GBP/USD suggests further gains for the pair even after it hit its highest level in almost three years.

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US Dollar Outlook: DXY Forms Head and Shoulders Pattern Ahead of FOMC

The US Dollar Index (DXY) is at risk of extending its recent slide lower as prices carve out a bearish Head and Shoulders pattern ahead of the FOMC interest rate decision.

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Gold, Crude Oil Outlook: Will FOMC Meeting Catalyze Price Volatility?

Gold prices traded lower while crude oil prices edged higher ahead of the January FOMC meeting, where investors are looking for the Fed’s take on recent economic developments and future monetary po...

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US Dollar Forecast: Stuck Between Treasuries, Equities as Emerging Markets Push On

Will the US Dollar fall versus the Singapore Dollar, Taiwanese Dollar and Philippine Peso if a fiscal stimulus delay pressures Treasury yields? The Fed and earnings may keep risk appetite intact.

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Copper Forecast: US Stimulus and Chinese Recovery Key Price Drivers

Copper prices are easing this week after a major producer downgraded its sales volume forecast. Price action is likely dependent on Chinese demand and US Stimulus in coming weeks.

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Nasdaq Poised to Rise with Hang Seng, ASX 200. Apple Earnings in Focus

Nasdaq 100 index futures are climbing afterhours as traders await earnings from Apple and Facebook. Asia-Pacific stocks look set to rebound from Tuesday’s losses. The US Dollar retreated.

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AUD/USD May Rise if Australian Inflation Data Impresses, FOMC in Focus

Wall Street took a step back on concerns over future fiscal relief, led by small-cap stocks. Meanwhile, the Australian Dollar is rising ahead of Q4 inflation data

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US Dollar Outlook: AUD/USD Eyes Federal Reserve Announcement

AUD/USD price action extended higher on Tuesday as the US Dollar weakened broadly and erased prior session gains with traders shifting focus to the Fed rate decision on deck for release.

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NZD/USD Breaks Out of Narrow Range Ahead of FOMC Rate Decision

The FOMC rate decision may do little to derail the bullish price action in NZD/USD as the central bank relies on its non-standard tools to support the US economy.

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US Recession Watch, January 2021 - Slowing Growth Evident as Calendar Turns

Although US Treasury yields have risen in recent weeks, 4Q’20 growth expectations have slid. A double dip recession may or may not be avoided.

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Oil Price Forecast: US Crude Oil Price Action Indecisive Ahead of FOMC

WTI US Crude Oil remains encapsulated within a channel prior to major event risk

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Gold Price Forecast: XAU/USD Resistance Bound Ahead of the Fed

Gold prices are going on six months of digestion now as markets like Bitcoin or Gamestop have went ballistic. Will the Fed wave the red flag tomorrow to let the bulls run?

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USD/CAD Outlook Clouded by RSI Divergence Ahead of FOMC Rate Decision

The recent rebound in USD/CAD appears to be stalling ahead of the Federal Reserve’s first meeting for 2021 even as the RSI diverges with price.

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NZD Outperforms, EUR/GBP Back to Key Support, AUD Awaits CPI - US Market Open

Turnaround Tuesday as equities firm. NZD tracks risk sentiment higher. Traders continue to buy the GBP dip.

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Italian PM Conte Resigns, What Happens Next? - Euro Outlook

Italian politics in focus as PM Conte confirms resignation.

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USD/JPY Outlook: Yen Stable After BoJ Invites More ETF Flexibility

USD/JPY consolidates after uncertainty in global markets however, this week should provide high volatility with multiple U.S. focused data scheduled.

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DAX 30 Attempts to Push Higher, EUR/USD Hovering Above Key Support

US volatility increases as speculative traders pile in whilst Europe struggles to get a grip

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Bitcoin (BTC) Continues to Struggle While Ethereum (ETH) Comes Off a Fresh All-Time High

Bitcoin (BTC/USD) continues to struggle to move higher and yesterday’s bearish candle may cap any further upside in the short-term.

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British Pound (GBP) Latest: GBP/USD Falling After UK Unemployment Data

GBP/USD is sliding in early European trade Tuesday despite the release of marginally better than expected UK jobs data, with a firmer US Dollar adding to its weakness.

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Yen, Dollar May Extend Rise as Stocks Fall After China Drains Liquidity

The anti-risk Yen and US Dollar rose while stocks swooned in Asia-Pacific trade as China pulled close to US$12 billion from the banking system. More of the same may be ahead.

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