RBNZ Rate Decision Preview: Covid Shock for RBNZ, What Now For NZD/USD?

RBNZ decision grabs NZD traders attention after Covid shock prompts rethink on rate outlook

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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

With the COVID-19 delta variant continuing to plague major economies, rate hike odds have shifted dramatically in the past 24-hours.

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Canadian Dollar Price Forecast: USD/CAD Threatens Breakout, Inflation on Deck

USD/CAD is testing a big level and tomorrow brings Canadian inflation followed by FOMC minutes. Buckle up.

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Gold Price Forecast: Four-Day Rally Stalls Ahead of 50-Day SMA

Lack of momentum to climb back above the 50-Day SMA ($1800) may undermine the recent recovery in the price of gold as a ‘death cross’ takes shape in August.

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US Dollar Shoots Higher vs JPY on US Retail Sales

USD higher on retail sales miss. Outlook for FOMC unchanged, focus is on jobs

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Markets Jittery: JPY, CHF, Gold and Treasuries All Benefiting | Webinar

Trader sentiment is poor at present, with safe haven buying of the Japanese Yen, the Swiss Franc, Gold and US Treasury notes seen alongside some selling of European stocks.

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Bitcoin, Ethereum Stagnate at Recent Highs, Solana Soars to a New Peak

The cryptocurrency market is taking a breather after touching multi-week highs but Solana continues its recent record-breaking rally.

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Snap Lockdown Puts RBNZ Hike into Question, NZD/USD Drops to Three-Week Low

NZD/USD drops 1.7% as economists increase calls for no change at tomorrow’s RBNZ after a 3-day snap lockdown

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British Pound (GBP) Price Outlook: GBP/USD Eases Despite Strong UK Jobs Data

Latest labor market figures show UK employment up by more than expected, higher average earnings and a lower UK unemployment rate yet GBP/USD fell, suggesting underlying weakness.

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New Zealand Dollar Down on Covid Case as RBNZ Looms, SEC Warns on China

The New Zealand Dollar fell on reports of a new local Covid case just as the RBNZ rate decision enters the spotlight. NZD, AUD and APAC equities were weighed down ahead of US data and FOMC meeting ...

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Crude Oil Prices Fall Amid Viral Concerns, US Retail Sales Data in Focus

WTI crude oil prices extended lower on Tuesday as investors mulled the spread of Delta variant around the globe and its impact on energy demand. US retail sales figures will be in focus today.

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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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Gold Price Outlook: XAU/USD Firms Back Into Range Ahead of Fed Powell Speech

Gold continued to shake off last week’s test of the lower bound of the recent range. The rally occurs as US yields drift lower ahead of a busy week and Jerome Powell’s speech.

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Australian Dollar Outlook Remains Bleak Following Release of RBA Minutes

Significant headwinds remain for the Australian Dollar in the face of local lockdowns, slowing economic data, and the Federal Reserve potentially starting to taper this year.

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Dow Jones Advances Despite Growth Concerns, Hang Seng Tests Support

The cyclically-oriented sectors led the decline whereas defensive ones gained on Monday. Lingering viral concerns and poor Chinese economic data weighed sentiment. Asia-Pacific markets opened modes...

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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Japanese Yen Outlook: USD/JPY Falls on Soft US and Chinese Data. AUD/JPY Eyed

The Japanese Yen outperformed, sending USD/JPY lower as market sentiment mostly soured and global bond yields declined on Monday. AUD/JPY may rise on the RBA meeting minutes.

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USD/CAD Price Outlook: Rising Support to Challenge Resistance

USD/CAD price action is edging higher to start the week as crude oil comes back under pressure. US Dollar volatility might accelerate with retail sales data and FOMC minutes on tap for release.

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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FX Week Ahead - Top 5 Events: August RBNZ Meeting; UK Inflation, Canada Inflation, and Eurozone Inflation; July FOMC Minutes

The turn through the middle of August brings forth a bevy of data related to inflation and central banks’ stimulus withdrawal efforts – and most of it arrives on Wednesday.

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