US Dollar Outlook: NFP Report Set to Sway Fed Taper Timeline

The US Dollar is in the hot seat with outlook for USD price action hinging largely on the upcoming release of monthly nonfarm payrolls data and its potential to impact the Fed taper timeline.

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How to Trade Forex News: An Introduction

Find out the essentials of trading the news with this introductory guide to forex news trading

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Brazilian Real Fails to Capitalize on Copom’s Hawkish Hike, USD/BRL Drifts Higher

The Brazilian real fails to take advantage of the aggressive tightening cycle undertaken by Brazil's central bank, as fiscal concerns dent sentiment and drive demand for US dollars.

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NZD/USD Rate Defends August Rally Ahead of US NFP Report

NZD/USD defends the rally following the better-than-expected New Zealand Employment report even as Federal Reserve officials show a greater willingness to switch gears.

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US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, USD/CAD

The US Dollar is holding on to a gain for the week, and tomorrow brings the big one with the release of July Non-farm Payrolls.

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Oil Price Eyes July Low as Bearish Price Series Remains Intact

Recent price action casts a bearish outlook for the price of oil as it extends the series of lower highs and lows from the start of the week.

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BOE Meeting: GBP Pulls Back as Only Saunders Sticks to Hawkish Agenda

Bank of England votes 7-1 to keep asset purchases unchanged as Saunders sees inflation more persistent than others

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Crude Oil Price Outlook: US Crude May Have Further to Fall

The price of US crude has fallen sharply so far this month and will likely drop further as traders shrug off heightened political tensions in the Middle East and concentrate on rising inventories.

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EUR/GBP Testing Notable Support Level Ahead of BoE ‘Super Thursday’

EUR/GBP is again pressing down on an important support level at 0.8500 as the latest Bank of England (BoE) decision looms.

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Bank of England Preview: How Will the Pound (GBP) React?

BoE to maintain policy settings, markets geared for a vote split on QE

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Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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Crude Oil, Energy Stocks Sink on Fed Commentary. WTI at Risk to Technicals

Crude oil prices and energy stocks weakened as investors worried about rising Covid-19 cases and rather hawkish commentary from the Fed. WTI may be at risk of bearish technical signals.

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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Gold Price Outlook: XAU Stumbles on Fed-Induced US Dollar Strength, NFPs Eyed

Gold prices fell after the Fed's Vice Chair fueled policy tightening bets, driving the US Dollar higher to XAU/USD's detriment. A Death Cross is undermining the technical view.

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S&P 500 Falls on Weaker ADP Jobs Report, Hang Seng to Open Flat

Wall Street stocks pulled back broadly on Wednesday as a weaker private jobs report and viral resurgences dampened reflationary hopes. Crude oil prices plunged 3%. Asia-Pacific markets to open mixed.

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Australian Dollar Outlook: AUD/USD Sinks on Fed Remarks as Trade Balance Eyed

The Australian Dollar was on the way up following this week's RBA rate decision. However, Fed commentary sent AUD/USD lower. Australia's June trade balance figures are in focus.

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Brazil Central Bank Hastens Rate Hikes to Strangle Inflation, USD/BRL in Peril

Brazil’s Central Bank raises the Selic rate by 100 basis points to 5.25% and indicates that its baseline scenario includes quicker monetary tightening to tame inflation.

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Crude Oil Price Outlook: Bullish Drivers to Sputter in Q3

Crude oil price action made an explosive move higher during Q2 with the commodity surging about 25% gain on balance. Oil outlook is less sanguine for 3Q, however, due to waning bullish impetus.

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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD

The US Dollar put in a spike this morning on the back of comments from FOMC Vice Chair, Richard Clarida. NFP is on the docket for Friday - can USD bulls maintain?

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Former Fed Advisor Danielle DiMartino Booth Talks US Economy, Women in Finance & Trading

American economist and former advisor at the Dallas Federal Reserve Danielle DiMartino Booth sits down for a conversation about the US economy.

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