Thursday, 1 July 2021

Dow Jones, Crude Oil and Energy Stocks Gain on OPEC+ Deal Struggle Prior to NFPs

The Dow Jones climbed as energy stocks and crude oil prices outperformed as OPEC+ members struggled to achieve a deal. The ASX 200 is looking wobbly ahead of key US non-farm payrolls.

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AUD/USD Hits Fresh Multi-Month Low as Delta Variant Worries Accelerate

The Australian Dollar extended its fall against the US Dollar as the Covid Delta variant weighed against the chance for a clean economic recovery.

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US Dollar Forecast: NFP Preview with Fed Policy & Market Impact

The DXY Index is hitting fresh 12-week highs with the US Dollar strengthening broadly headed into Friday's release of nonfarm payrolls data. How will the NFP report impact Fed policy and markets?

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Covid Virus Risks Weigh on Latam FX; USD/BRL and USD/MXN Spike Higher

Latin American currencies weaken on coronavirus risks, with the Brazilian real leading losses and falling sharply against the U.S. dollar at the start of the new month.

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S&P 500 Forecast for the Week Ahead: The Summer Doldrums Drag On

The effects of seasonality are in full swing as the summer doldrums see volume and volatility dry up and price action constrict to culminate in tiny daily trading ranges. History suggests the headw...

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Euro Technical Analysis: EUR/GBP, EUR/JPY, EUR/USD Rates Outlook

The Euro isn’t in good shape versus the US Dollar, but looks on much better footing versus the British Pound and the Japanese Yen.

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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Gold Price Forecast: Is the Bullish Trend Dead and Done?

Gold prices just finished their worst month since November of 2016, and after that instance, the FOMC hiked rates eight times over the next two years. Are Gold bears telling us something?

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How to Research Stocks: A Step by Step Guide

Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.

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USD/CAD Rebound Unravels Ahead of US Non-Farm Payrolls (NFP) Report

The recent rebound in USD/CAD appears to be stalling ahead of the US NFP Report as it struggles to extend the series of higher highs and lows from earlier this week.

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Three Women Leaders Changing Finance, Economics and Business

To mark International Women’s Day on March 8, we are highlighting three women leaders who are steering financial, economic and business organizations through unprecedented change.

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U.S. Manufacturing Cools but Stays on Growth Path, Dollar Ticks Higher as NFP Comes in Focus

June ISM manufacturing slides to from 60.6 from 61.2, but manages to grow at a robust pace for the 13th consecutive month, lifting the U.S. dollar.

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How to Trade After a News Release

Looking to trade post release? Read on for more on approaching volatile conditions after news events.

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Japanese Yen Outlook: New Highs as USD/JPY Breaks Key Resistance

USD/JPY surges to fresh 2021 highs as global factors back U.S. dollar strength but can this hold with key economic risk events on the horizon?

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Introduction to Basic Trendline Analysis

Learn to identify, construct and utilize trend lines; the simplest and single most important tool in your trading arsenal.

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Breaking: Oil Prices Jump as OPEC+ Agree Oil Production Increase

Oil prices jump as Saudi Arabia and Russia reportedly agree oil production boost

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Bitcoin (BTC), Ethereum (ETH) Remain Choppy, Hedge Funds Embrace Cryptocurrencies

The cryptocurrency market remains trapped in a choppy, sideways range despite further adoption by some high profile hedge funds

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Euro Outlook: EUR/USD Bears Are in Control as Euro Looks Vulnerable

Euro traders lose ground as focus shifts to US NFP figures out on Friday

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British Pound (GBP) Price Outlook: Downside Momentum Builds for GBP/USD

GBP/USD remains under downward pressure, close to the support line of a bearish descending triangle pattern on the charts.

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Gold Price Drop May Resume as ISM Data Beckons Fed Action

Gold prices may face renewed selling pressure if the ISM manufacturing survey flags swelling price pressure, beckoning the Federal Reserve to begin scaling back stimulus.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...