Crude Oil Tanks on Speculation of Supply From the US and Japan. Will WTI Continue to Break Support?

Oil forecasts toward US$ 100 a barrel have been questioned by the market as strategic stockpiles may provide relief. Can oil slide further?

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Gold Price Rise Hits a Wall on Hawkish Fed Comments, Key US Data Eyed

Gold prices retreated as a Fed official loudly called for faster stimulus withdrawal. US PMI, PCE and GDP data informing monetary policy bets now comes into focus.

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AUD/USD Eyes Upside on Potential Loan Prime Rate Cut in China

AUD/USD has China's monthly Loan Prime Rate fixing in focus amid an otherwise quiet economic docket. A surprise cut could spur some strength in the Australian Dollar.

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Powell versus Brainard: Next Fed Chair Pros and Cons

US President Joe Biden is expected to make his decision on who will be the next Fed Chair in the coming days.

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Weekly Fundamental US Stocks Forecast: Time to Buy the Dip for Year-End Rally

The end of November and beginning of December is typically one of the best times of the year for US stocks. The Santa Claus rally nears.

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Markets Week Ahead: Dow Jones, US Dollar, Crude Oil, NZD/USD, RBNZ, Fed Nomination

Volatility gripped markets on Friday, sinking the Dow Jones and crude oil as the tech-heavy Nasdaq 100 rose. European lockdown threats are in focus, with a busy in the United States for the US Doll...

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Euro Forecast: EUR/USD Outlook No Brighter For Week Ahead Despite Savage Falls

The key question for EUR/USD traders in the coming week is whether all the negativity towards the Euro has now been so fully discounted that a rally is due. The answer? Probably not.

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British Pound Outlook: US Dollar Strength Holds GBP/USD Bulls at Bay

GBP/USD continues to struggle to climb higher as USD strength hinders the bulls ability to drive prices higher. EUR/GBP aims lower

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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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