Gold Price to Stay Afloat on Strong US PCE Price Report

The update to the Personal Consumption Expenditure (PCE) Price Index may prop up the price of gold if the Fed’s preferred gauge for inflation rises for 11 straight months.

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Crude Oil Fundamental Forecast: US and China Square Off Against OPEC

Oil fell last week after the United States and China appeared to coordinate efforts to fight high prices. Will potential SPR releases between the two superpowers put OPEC on the defense?

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US Dollar Forecast: Key Inflation Data, Biden Fed Nomination in Focus

The US Dollar may remain on the offense with the Fed's preferred gauge of inflation - core PCE - expected at the highest since 1991. Will Joe Biden's Fed Chair nomination have lasting US Dollar imp...

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Bitcoin (BTC) and Ethereum (ETH): A Period of Strong Consolidation is Needed if The Long-Term Trend is to Resume

This week's sell-off has called into question the multi-month crypto rally. A period of rebuilding can help get the market back on track.

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RBNZ Preview: How will the New Zealand Dollar React?

With inflation and employment data much better than the RBNZ expected, risks are geared towards a possible 50bps hike.

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Australian Dollar Outlook: US Dollar, Treasuries, RBA, Fed. Is AUD/USD Sidelined?

The Australian Dollar was undermined by US Dollar strength and then a feisty bond market that over-reached. What is going to drive AUD/USD from here?

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Oil Suffers Worst Decline Since July with Covid, Potential Reserve Releases Weighing on Sentiment

Oil prices continue to come under pressure as Covid lockdowns and potential strategic supply releases weigh on price.

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Pound Sterling Forecast: GBP Lacking Significant Tailwinds Despite Positive Retail Sales Data

Despite positive retail sales data, Sterling contends with a stronger dollar, post-Brexit headaches and apparent change in sentiment

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USDCAD: Oil Drop & European Lockdown Risks Trump Retail Sales

USDCAD looking to oil and European lockdown risks.

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DailyFX Analyst Tammy Da Costa on Her Day Trading Career

For women, starting a career in finance can be difficult. Yet due to changing economic and social trends, more opportunities in trading, investing and finance are becoming available. We sat down wi...

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U.S. WTI Crude (CLc1), Alibaba (BABA) & USD/TRY – FinTwit Trends to Watch

An exponential rise in market volatility this week created FinTwit havoc with European COVID-19 cases hurting growth prospects reflective in crude oil prices, Turkey’s rate decision creating EM ave...

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GBP/USD Outlook - Sterling Propped Up by Data But US Dollar Strength Controls Cable

Positive UK retail sales data are helping Sterling push forward but the US dollar is running the show against a range of USD-pairs, including GBP/USD.

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EUR/USD Slides Germany Cannot Rule Out Possible Lockdown on Covid Surge

Euro risks remain lower as Germany cannot rule out possible lockdown

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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 Looks to Consolidate Against the US Dollar After Making New Lows. Can USD/JPY Go Higher?

The Japanese Yen has taken a pause from weakening after establishing a multi-year low against the USD. Will USD/JPY resume trending higher?

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The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

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USD/JPY Aims Higher After Japan’s Core CPI Falls Short of Expectations

USD/JPY appears to be ready to finish out the week with gains as Japanese Yen weakness continues following CPI data for October.

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Nasdaq 100 Leads Markets Higher as FAANG, Chipmakers Outperform

Nasdaq 100 components outperformed on Thursday, as chipmakers and FAANG names carried equities higher.

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Mexican Peso Falls as Turkish Lira Crisis Saps EMFX Sentiment, USD/MXN Eyes Resistance

The Turkish Lira plunge weighs on EMFX through the sentiment channel, causing moderate losses for the Mexican peso, but contagion and spill-over should be limited in the near-term.

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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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