USD/CAD Snaps Lower as Big Miss on NFPs Fuels Weaker US Dollar

USD/CAD price action is back under pressure as the major currency pair snaps 30-pips lower to erase intraday gains in response to a big miss on monthly nonfarm payrolls data just released.

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How the COVID-19 Pandemic is Disrupting India’s Gold Demand

With COVID-19 cases rising in India, local gold demand has taken a hit. How will this affect the price of gold in Q2?

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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FTSE 100 Price Outlook - Multi-Month Rally Boosted by UK Local Election Results

The FTSE 100 hit a fresh 14-month high in early trade as the ruling UK Conservative Party won the previous Labour stronghold of Hartlepool for the first time.

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EUR/GBP Holding to Ascending Triangle, Awaiting Scottish Election Results

EURGBP bounces higher after BoE meeting, with focus on whether SNP get a majority in Scotland

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Gold Prices May Retreat as US Jobs Data Flags Sticky Wage Inflation

Gold prices surged before April’s US jobs report but the move may unravel if wage inflation proves stickier than expected, stoking bets on sooner Fed stimulus withdrawal.

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Indian Rupee Gains May Not Last After Banking System Dollar Glut, USD/INR Eyes CPI

The Indian Rupee has been rising despite a surge in local Covid cases, owing to rising yields amid a temporary flood of US Dollars into the banking system. INR remains at risk, eyeing CPI data.

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Introduction to Pitchfork Analysis & Median Line Trading

Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.

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Trouble for EUR/CAD, EUR/NOK: Q2 Top Trading Opportunities

The Euro has lost a significant amount of ground against the commodity-sensitive Norwegian Krone and Canadian Dollar in the first quarter of 2021. These losses appear to stem from the divergence in...

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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AUD/USD Gains May Extend on China PMIs After Discounting AU-China Tensions

AUD/USD is tracking higher despite an overnight drop as tensions between China and Australia heat up further. Today's PMI prints out of China, and the RBA policy statement may move sentiment.

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US Dollar Outlook: USD/CAD Volatility to Rise, Jobs Data Looms

The US Dollar snapped notably lower during Thursday's trading session led by EUR/USD strength and USD/CAD weakness. USD/CAD price volatility might accelerate with high-impact jobs data due.

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Bitcoin Price Forecast: BTC Battles Resistance as Altcoins Siphon Demand

Bitcoin is grappling with resistance as altcoins like Doge rocket higher. While BTC remains the largest coin by market cap, surging prices elsewhere have begun to steal its appeal.

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Federal Reserve Hints at Potential Declines in Asset Prices, Calls for Hedge Fund Transparency

The Federal Reserve released its financial stability report on Thursday, in which the central bank highlighted the vulnerability of various asset prices.

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Euro Technical Analysis: Rally May Have Another Leg - Levels for EUR/GBP, EUR/JPY, EUR/USD

The Euro started May on rocky footing, but may be turning the corner after a trio of EUR-crosses rebounded at their daily 21-EMAs.

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Gold Price Tops $1,800 with Conviction – More Gains Ahead?

Gold price action has been ripping higher over recent trading sessions alongside silver. The precious metals are up 2.6% and 5.9% respectively this month, but could more gains be in store?

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Dogecoin: Doge Drops from All-Time High, Musk’s SNL Debut Up Next

Dogecoin recently reached a new all-time high after another two platforms announced that they would offer the meme-inspired coin. Doge trades down for the day thus far

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Oil Price Rally Vulnerable Amid Failure to Test March High

The rally in the price of oil appears to be stalling ahead of the March high ($67.98) as it fails to extend the series of higher highs and lows from the start of the week.

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Breaking: Bank of England Tapers QE, GBP/USD Jumps

BoE announces that it will slow QE purchases, while also upgrading their economic outlook.

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USDTRY Drops as Turkey Keeps Rates Unchanged, Easing Cycle Expected to Begin Soon

Risks surrounding Turkish Lira persist despite lack of rate cut from Turkey’s Central Bank

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