Crude Oil Prices Eye $75 Amid Tight Supply, Falling Stockpiles

WTI crude oil is hovering at around $75/bbl after the API reported a 7th consecutive weekly fall in stockpiles. Tight supply conditions may lend support to prices amid lingering viral concerns.

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Gold Prices Steady as Inflation Hits 13-Year High, Eyeing 1815 for Breakout

Gold prices edged higher within an “Ascending Triangle” as stronger-than-expected US inflation data bolstered its appeal. Nonetheless, tapering concerns may cap the upside after the RBNZ’s hawkish ...

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New Zealand Dollar Forecast: NZD/USD Shoots Higher on Hawkish RBNZ, LSAP Termination

The New Zealand Dollar rocketed higher against the US Dollar after the RBNZ announced a halt to its Large Scale Asset Purchases Program.

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Dow Jones Retreats after US Inflation Data, Hang Seng May Pull Back

Wall Street stocks pulled back from all-time highs after June’s US core inflation surpassed market expectations by a wide margin. The Hang Seng Index may follow lower.

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Euro Stoxx 50 & IBEX 35 Retreat from Records Amid Inflation, Virus Fears

European equities have retreated off recent highs as fears over the Delta COVID variant force multiple EU members to reimplement restrictions.

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Australian Dollar Outlook: Westpac Data May Underpin AUD/USD as Jobs Report Nears

The Australian Dollar weakened versus the US Dollar overnight and may see more volatility after the July Westpac consumer confidence index crosses the wires. An RBNZ interest rate decision is also ...

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USD/CAD Price Outlook: Canadian Dollar Hinges on BoC Decision

USD/CAD price volatility is expected to stay elevated owing to high-impact event risk posed by the Bank of Canada update due Wednesday. What are Canadian Dollar traders watching out for?

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Mexican Peso Forecast: USD/MXN Jumps on Sizzling U.S. Inflation. Will Traders Fade this Move?

The U.S. dollar gains across the board on Tuesday on expectations red-hot inflation in the United States will lead to tighter monetary policy by the Federal Reserve.

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

Strength in the US Dollar (via the DXY Index) has translated into fresh monthly lows for EUR/USD rates.

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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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USD/JPY Rebound Takes Shape Ahead of Fed Chairman Powell Testimony

Fresh remarks from Fed Chairman Jerome Powell may sway USD/JPY as the central bank head is scheduled to testify in front of Congress over the coming days.

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Dow Jones Forecast: Will Earnings Season Push the Index to Record Highs?

The Dow Jones has moved within reach of record levels despite weakness in value and industrial stocks that had helped the Industrial Average outperform the Nasdaq 100 during much of the second quar...

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Trading Earnings Season: 3 Steps for Using Earnings Reports

Read on for our 3 steps to follow when using earnings reports for trading.

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Gold Price Fails to Test 200-Day SMA amid Talks of Fed Exit Strategy

The price of gold may continue to trade within the monthly range amid the failed attempts to push back above the 200-Day SMA ($1826).

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US Dollar Rips Higher on Red-Hot Inflation, CPI at 5.4% in June

The US Dollar is surging in the wake of hotter-than-expected inflation data just released with headline CPI hitting 5.4% in June and causing Fed taper fears to intensify.

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South Africa update: USD/ZAR Soars Towards 15.00, SA unrest weighs on the Rand

South African economy falters as unrest, riots and lockdowns weigh on the Rand.

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Earnings Season: JP Morgan and Goldman Sachs Blow Past Estimates

Find out more about JP Morgan and Goldman Sachs Q2 earnings

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Market Sentiment Still Positive Towards Equities and Crude Oil | Webinar

Trader confidence remains high in the stock markets while sentiment in crude oil is recovering and confidence in gold is improving.

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EUR/USD Price Outlook - Risks Remain Tilted to the Downside, US CPI up Next

Any short-term uptick in EUR/USD continues to be met by sellers with the pair looking set to re-test the late March low.

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