British Pound (GBP) Outlook - GBP/USD Setting Sail Into Potential Cross-Winds

A busy time ahead for GBP/USD with the latest BoE policy decision, UK local elections, and US Non-Farm Payrolls all on the docket next week.

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The CPI and Forex: How CPI Data Affects Currency Prices

Find out how to use the Consumer Price Index to make informed trading decisions.

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Oil Price Forecast: WTI Crude Resumes Climb on Bullish Demand

Oil prices surge as demand forecasts improve on the back of easing of restrictions on international travel

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Euro Latest: EUR/USD Looks Past GDP, EUR/GBP Coiling for a Breakout

EUR/USD shrugs off expected German GDP contraction. EUR/GBP awaiting a breakout following tight range.

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US Dollar Price Outlook: DXY Falling Wedge in Play Ahead of PCE Release

Federal Reserve tapering bets, on the back of better-than-expected GDP figures, may pave the way for the US Dollar to regain lost ground in the coming days.

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Gold Prices May Fall as US PCE Data Sends Yields, Dollar Higher

Gold prices may continue to fall – brushing off dovish Fed posturing – as PCE inflation data helps drive Treasury bond yields higher alongside the US Dollar.

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Dogecoin Spikes on Musk, Cuban Tweets, Bitcoin Struggles Post-FOMC

Dogecoin prices spiked higher on the back of a flurry of tweets from Elon Musk and Mark Cuban, while Bitcoin prices remain at risk of a more extensive correction lower post-FOMC meeting.

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Nasdaq 100 Futures Drop on Mixed Tech Earnings, Hang Seng and ASX 200 May Fall

Nasdaq 100 futures declined during early APAC trading hours as investors digested mixed US tech earnings and strong GDP data. The Hang Seng and ASX 200 futures are pointing to a lower start on Friday.

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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Australian Dollar Forecast: AUD/USD Eyes Chinese PMI as Iron Ore Surges Higher

The Australian Dollar failed to move higher despite a sharp rally in iron ore prices. AUD/USD remains rangebound but upcoming PMI figures out of China may bolster prices.

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Bitcoin (BTC/USD) Pressured as Ethereum (ETH/USD) Probes New Highs

Bitcoin is edging back lower while Ethereum is flirting with record highs. Cryptocurrencies might stay broadly bid with the direction of BTC/USD and ETH/USD likely capitalizing on US Dollar weakness.

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FinTwit, Women and Trading: An Interview with @DeadCaitBounce

Finance and trading are two areas where men considerably outnumber women. Progress is being made and DailyFX is highlighting that progress with a new series on women leaders changing finance.

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Nasdaq 100, Dow Jones, S&P 500 Set for Success After Upbeat Tech Earnings

US equities have emerged from the height of earnings season with upbeat takeaways and improved clarity on the factors that drive valuations. As a result, the groundwork for further gains has been l...

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Dow Jones, Volatility, Treasury ETF Fund Flows Post-FOMC

Dow Jones, VIX, and Treasury ETFs have had mixed reactions in the lead up to and immediate aftermath of the FOMC’s April policy meeting.

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USD Recovery and Resistance Hurdles: Q2 Top Trading Opportunities

Look for topside exhaustion early in the quarter to give way to larger pullback - losses should be limited by 91 IF price is indeed heading higher.

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Gold Price Pares Post-Fed Gain Amid Rise in US Treasury Yields

The price of gold gives back the advance following the Federal Reserve interest rate decision as the 10-Year US Treasury yield climbs to a fresh weekly high (1.68%).

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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Short AUD/USD, AUD/JPY: Q2 Top Trading Opportunities

With a head-and-shoulders formation and the establishment of a downward trend in RSI, traders should be mindful.

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USD/CAD Rate Eyes January 2018 Low as RSI Flirts with Oversold Zone

USD/CAD appears to be on track to test the January 2018 low (1.2247) as the Relative Strength Index (RSI) flirts with oversold territory.

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Muted Reaction From Markets As US Q1 GDP Prints At 6.4%

US GDP for Q1 2021 printed at 6.4%, edging above the already-impressive forecast of 6.1%.

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