January ISM Manufacturing PMI Misses Expectations, USD Remains Strong

The ISM Manufacturing PMI Report for January remained expansionary but fell below expectations, showing potential challenges in the manufacturing sector as the economic rebound softens.

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USD Firms, Silver Price Spikes on Reddit Short Squeeze Frenzy, Euro Slips - US Market Open

Markets have staged a modest recovery from Friday’s weak close. Silver spikes to $30.

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How to Learn Technical Analysis with DailyFX

Getting started in technical analysis can seem daunting but understanding the basics will build a solid foundation. Learn more...

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Markets Week Ahead: Gold, Dow, Euro-Area GDP, NFPs, BoE & RBA Eyed

Markets gyrated wildly this past week as traders reacted to a barrage of headlines ranging from central bank commentary to GameStop stock price volatility. What's in store for the week ahead?

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Bitcoin (BTC/USD) and Ethereum (ETH/USD) Outlooks Differ in the Short-Term

Bitcoin (BTC/USD) remains slightly better bid but further upside looks increasingly difficult to call in the short-term

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South African Rand Outlook: EMs Favored in 2021 as Rand Opens Higher

Emerging market currencies outlook remains positive for 2021 based on an expectant global recovery and additional U.S. stimulus however further Rand strength will depend on management of the curren...

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DAX 30 Brushes Off Retail Figures as Bullish Sentiment Returns

German retail sales plummeted in December as the country faced a nationwide lockdown

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Implied Volatility: What is it & Why Should Traders Care?

Implied volatility, synonymous with expected volatility, is a variable that shows the degree of movement expected for a given market or security.

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British Pound (GBP) Latest: GBP/USD Outperforms, EUR/GBP Remains Bearish

GBP outperforms on equity recovery while EUR/GBP bias remains to fade bounce-backs.

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Euro Outlook: EUR/USD Consolidating with GDP, Inflation Data on Tap

The Euro may regain lost ground against the US Dollar, as better-than-expected economic data suggests that the trading bloc’s economy weathered a second viral wave resiliently.

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Gold, Silver Price Outlook: Is the Retail-Driven Rally Sustainable?

A 6% gap up in silver prices on Monday led market to question the sustainability of the rally, which appeared to be driven by the spillover effect of the recent Reddit day-trader frenzy.

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S&P 500, Hang Seng, ASX 200 Outlook: More Rainy Days Ahead?

Asia-Pacific equities are poised for a sour start after 93% of S&P 500 companies closed lower on Friday. For the week ahead, GME-linked volatility, nonfarm payrolls data and Q4 earnings reports wil...

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Silver Price Surges as Reddit Group WallStreetBets Fuels Buying Spree

Silver surged over 7% to kick-off a fresh week of trade, as Reddit forum r/wallstreetbets intensifies calls for a short-squeeze of epic proportions.

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Markets Week Ahead: Gold, Dow, Euro-Area GDP, NFPs, BoE & RBA Eyed

Markets gyrated wildly this past week as traders reacted to a barrage of headlines ranging from central bank commentary to GameStop stock price volatility. What's in store for the week ahead?

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Stock Market Forecast for the Week Ahead: Will the Mania Continue?

US indices were thrown into disarray last week as an army of retail traders poured into stocks with heavy short interest like GameStop. What makes for an intriguing story is also immensely risky fo...

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Euro Forecast: EUR/USD to Shrug Off Any Hints of an ECB Interest Rate Cut

Nobody is seriously expecting the ECB to cut Eurozone interest rates any time soon. It appears keen to persuade the markets that a reduction is possible but there’s little chance EUR/USD will react.

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Gold Price Forecast: Is Gold at Risk From a US Dollar Turning Point?

Gold prices consolidating, however, US Dollar may present a risk.

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US Dollar Forecast: Where to After GameStop Short-Squeeze Rattled Markets?

The US Dollar may remain in a consolidative state as fundamental risks, such as fiscal stimulus bets, non-farm payrolls and “short-squeezing”, threaten broader stock market sentiment.

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Crude Oil Forecast: Backwardation Hints at Gains with OPEC JMMC on Tap

Crude oil prices may continue to push higher ahead of OPEC’s JMMC meeting, on the back of futures curve backwardation, vaccination progress and a notable decline in global cases of Covid-19.

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AUD/USD Rate Outlook Hinges on February 2021 RBA Rate Decision

The Reserve Bank of Australia (RBA) interest rate decision may fuel the recent rebound in AUD/USD if the central bank retains the current course for monetary policy.

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