Australian Dollar Forecast: AUD/USD May Wilt on RBA, Falling Iron Ore Prices

The Australian Dollar may struggle as the RBA further hints at rolling the yield target to the November 2024 bond. AUD/USD remains vulnerable to falling copper and iron ore prices.

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Biden Administration Reveals 2021-22 Budget Forecast, Lack of Growth Apparent

The Biden Administration released its forecasted budget for FY 2021-22, highlighted by a strong rebound in employment and underwhelming growth over the next decade.

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GBP/USD Weekly Forecast: BoE Hawks vs UK Reopening Concerns

GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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The Scary Fed Number Everyone is Talking About

Volumes across the Federal Reserve’s open markets desk suggest that excess liquidity is being drained from financial markets. Is this the start of the taper?

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Gold Price Reverses at Resistance as Rally Remains Intact

After surging to its highest level since January earlier this week, gold suffered a slight pullback at resistance around $1,920. Alongside technical barriers, a slight rise in Treasury yields may h...

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US Dollar Stays Strong After PCE Inflation, Spending Data

The US Dollar is trading broadly stronger on Friday, but USD price action might look to trim some of its gains following in-line PCE inflation and personal spending data just released.

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Euro Latest: EUR/USD Upside Exhausted, Risking a Pullback

EUR/USD holding support for now. Upside looking exhausted.

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British Pound (GBP) Outlook Remains Positive Going Into The Long Weekend

The British Pound remains bid going into the long weekend after hawkish commentary from Bank of England policymaker Gertjan Vlieghe

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Gold Price Rise May Fizzle as US PCE Data Beckons Fed Action

Gold prices may turn lower having stalled near the $1900/oz figure if US PCE data registers hotter inflation than expected, beckoning the Fed to rethink its stimulus programs.

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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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Euro Technical Outlook: EUR/USD, EUR/CHF Chart Levels

EUR/USD and EUR/CHF are in sensitive technical positions as the month draws to a close. Where to next?

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Nasdaq 100 Retreats as Reddit Retail Frenzy Returns, Hang Seng Index May Climb

The Nasdaq 100 index pulled back as small-cap stocks outperformed larger ones. Reddit traders pushed AMC Entertainment 35% higher. APAC markets look set to open steadily following strong US jobs data.

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Bitcoin (BTC) Analysis: Price Remains Vulnerable Despite Recent Bounce

Bitcoin appears to have settled down following a wave of panic selling and forced liquidations, but the cryptocurrency remains vulnerable in the near-term.

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NZD/USD Aims Higher But US PCE May Spark Volatility on Fed Policy Rethink

NZD/USD is aiming higher as the week draws on, but the upcoming US PCE print may spark a bout of volatility.

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USD/JPY Jumps to Monthly High, US Dollar Eyes PCE Inflation Due

USD/JPY catapulted higher on Thursday as Treasury yields climbed and exacerbated Yen weakness. The US Dollar now looks to the upcoming release of PCE inflation data for direction.

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The Scary Fed Number Everyone is Talking About

Volumes across the Federal Reserve’s open markets desk suggest that excess liquidity is being drained from financial markets. Is this the start of the taper?

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Gold Price Reverses at Resistance as Rally Remains Intact

After surging to its highest level since January earlier this week, gold suffered a slight pullback at resistance around $1,920. Alongside technical barriers, a slight rise in Treasury yields may h...

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Ethereum (ETH/USD) Strength Outshining Bitcoin (BTC/USD) Recovery

Crypto cooled after a massive sell-off, but now that coins are recovering, Ethereum is showing greater strength than Bitcoin. Might this be a sign of what's to come?

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Bitcoin (BTC), Gold, Gamestop (GME) & AMC – FinTwit Trends to Watch

FinTwit is abuzz this week with return of the meme stocks. Bitcoin (BTC/USD), spot gold (XAU/USD) in focus ahead of tomorrow’s PCE data.

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