British Pound (GBP) Latest: GBP/USD Heading Lower, UK Inflation Below Expectations

UK inflation was less than predicted last month, weakening GBP/USD. The Bank of England will likely look through the numbers but Sterling could still fall further.

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Bitcoin (BTC/USD) Latest: Buy Your Tesla With Bitcoin Tweets Elon Musk

Tesla CEO Elon Musk has just tweeted that buyers can now use Bitcoin to buy their new Tesla and it looks like he will keep hold of these BTC as well.

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EUR/USD Bounce on Firmer PMI Unlikely to be Maintained

Flash PMI’s in the Eurozone have printed better than expectations, providing the Euro a marginal reprieve.

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US Dollar (DXY) Price Forecast: Demand for Havens to Fuel USD Rebound

The tightening of coronavirus restrictions in several European nations has notably soured market sentiment in recent days and may open the door for the haven-associated USD to extend its rebound hi...

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Gold Prices Buoyed by Falling Yields, Crude oil Plunges on Viral Concerns

Crude oil prices were weighed by a surging US Dollar amid concerns about Europe’s vaccine campaign, while gold prices were underpinned by falling real yields. Fed Chair Powell downplayed inflation ...

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Japanese Yen Forecast: AUD/JPY, NZD/JPY Tumble on Souring Market Sentiment

The Japanese Yen may continue to rebound robustly against its higher-beta counterparts, as a string of lockdowns in Europe sours market sentiment. Key levels for AUD/JPY and NZD/JPY rates.

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Dow Jones Falls as Viral Resurgence in Europe Threatens Recovery, Hang Seng Eye Losses while ASX 200 Gains

Wall Street stocks retreated broadly as a viral resurgence in Europe shadowed recovery prospects. The haven-linked US Dollar surged while crude oil plunged. Asia-Pacific equities may retreat as sen...

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AUD/USD Drops as Vaccine-Induced Worries Plague Economic Reopening Hopes

The Australian Dollar fell as concerns over the AstraZeneca vaccine raised by US regulators injected a sense of fear through markets on Tuesday. Meanwhile, Australian PMI data crossed the wires bet...

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US Dollar Outlook: NZD/USD Crumbles as Risk Aversion Takes Hold

The US Dollar strengthened sharply across the board during Tuesday's trading session. NZD/USD price action plunged a whopping -2.3% as risk aversion mounted and exacerbated Kiwi weakness.

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Dow Jones Price Forecast for the Week Ahead

The Dow Jones trades within a few hundred points of record levels with minimal resistance overhead. Should risk appetite persist, the Dow could drive deeper into uncharted territory.

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Nasdaq 100, S&P 500 Fall as Markets Digest Powell & Yellen Testimony, Gamestop Earnings

Markets declined during trade as investors watch Jerome Powell and Janet Yellen closely as the pair testified in front of the House Financial Services Committee.

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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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USD/CAD Snaps Lower, Canadian Dollar Soars as BoC Tapers Policy

USD/CAD price action just plummeted 40-pips as the Canadian Dollar strengthens sharply in response to the Bank of Canada announcing the removal of its emergency market liquidity programs.

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Crude Oil Price Forecast: CL Snaps Back - Pullback or Reversal?

Crude oil prices have snapped back and taken out a big level of support along the way. Is a bigger reversal brewing in oil prices?

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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NZD/USD Rate Forecast: Head-and-Shoulders Formation Takes Shape

Recent price action warns of a further decline in NZD/USD as a head-and-shoulders formation appears to be taking shape.

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Sentiment in EUR/USD, GBP/USD, AUD/USD and NZD/USD Hurt by EU Lockdowns | Webinar

Trader confidence has been hit by the slow vaccine rollout in the EU and Germany’s decisions to extend lockdown until April 18 and close over Easter.

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Canadian Dollar Outlook: Key USD/CAD, AUD/CAD Levels to Watch

USD/CAD facing a potential bullish breakout. AUD/CAD downside remains on stronger US outlook.

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DAX 30 Forecast: Pulling Back From ATH as Germany Imposes Easter Lockdown

The DAX 30 continues to see bullish bias despite renewed Covid-19 lockdown, Volkswagen AG leads the index higher

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USD/MXN Pushing Higher Ahead of Banco de Mexico Interest Rate Decision

The Mexican central bank is unlikely to cut interest rates again at Thursday’s meeting, but nothing can be ruled out and that leaves USD/MXN likely to push higher

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