Monday, 12 July 2021

Australian Dollar Forecast: Chinese Trade Data Eyed as Covid Wave Worsens

The Australian Dollar remains near its yearly lows as Covid cases increase in Australia, prompting extended lockdown concerns. China is set to report its June trade balance.

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US Dollar Forecast: USD/JPY In Focus as Inflation Data Looms

USD/JPY price action, along with the broader US Dollar Index, will likely be front and center during Tuesday's trading session with inflation data due. How might the CPI report impact markets?

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Mexican Peso Outlook: Summer Doldrums Keep USD/MXN Muted as Traders Eye US CPI data

USD/MXN starts the week directionless, oscillating between small gains and losses as traders await U.S. inflation data on Tuesday.

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Wall Street Earnings Season Has Arrived, Here is What to Look For

Wall Street starts a busy earnings period led by big banks, as key economic data and testimony from Jerome Powell also fills out the calendar.

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NZD/USD Rate Rebound Emerges Following Test of June Low

NZD/USD bounces back after testing the June low (0.6923), with the RBNZ widely expected to keep the official cash rate (OCR) at the record low of 0.25%.

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FX Week Ahead - Top 5 Events: UK & US Inflation Rates; BOC & RBNZ Rate Decisions; Australian Jobs Report

It’s the most important week of the month.

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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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Gold Price Forecast: Gold Gears Up for Big Test with Inflation, Powell

Gold prices put in their worst month in over four years in June, and tomorrow brings inflation data with Powell speaking later in the week. Buckle up.

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USD/CAD to Face BoC Rate Decision, Monetary Policy Report (MPR)

USD/CAD may face range bound conditions ahead of the BoC interest rate decision as the central bank is slated to update its quarterly Monetary Policy Report (MPR).

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South African Rand Dollar Forecast: USD/ZAR Gains as Protests and Lockdowns Overshadow Muted Dollar

South Africa extends level 4 lockdown restrictions, violent protests intensify as economic outlook worsens

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Moving Average (MA) Explained for Traders

The Moving Average is a popular indicator for identifying trends. Learn how to use and interpret MA.

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FTSE 100 Outlook: Softer Commodity Prices Weigh on the UK Index

Softer commodity prices have contributed to a slower start to the week for the UK index as traders look to UK inflation data on Wednesday

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British Pound Outlook: GBP/USD Treads Water, EUR/GBP Slips Lower on ECB Rethink

Sterling trades flat against the US dollar in early turnover but has picked up against the Euro after the ECB said it may change its policy in July.

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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Sunday, 11 July 2021

Crude Oil Prices Eye $75 as Delta Variant Threatens Growth Outlook

WTI crude oil prices are hovering below the $75/bbl mark as markets weigh the impact of the Delta variant on global energy demand. OPEC+ disputes feed into supply uncertainty. China’s GDP figure is...

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What is Earnings Season & What to Look for in Earnings Reports?

Earnings announcements are a key driver for stock prices: Learn the what and when of earnings.

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Gold Prices Retreat as Yields Rise, US Inflation and Powell Speech in Focus

Gold prices fell as the US Dollar and Treasury yields gained. The emerging Delta variant and China’s RRR cut hinted at slowing growth momentum and the need for further stimulus.

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US Dollar Outlook: Delta Covid Cases Inducing Risk Aversion. THB, PHP, IDR Wobble

The US Dollar may extend gains against ASEAN currencies like the Thai Baht, Philippine Peso and Indonesian Rupiah amid surging Covid cases amid the Delta variant. US CPI is also eyed.

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S&P 500 Hits Fresh Record, Will China's RRR Cut Boost Hang Seng?

Wall Street stocks closed at record highs as investors shrugged off viral concerns and focused on the earnings season. The PBoC cut RRR by 50bps for all banks on Friday, surprising investors.

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AUD/USD at Risk Amid Less-Dovish Fed, PBOC Normalization, Australia-China Tensions: Q3 Top Trading Opportunities

The Australian Dollar may struggle in the third quarter amid a combination of a less-dovish Federal Reserve and potentially consequential knock-on economic impacts from China.

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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...