Australian Dollar May Rise as Europe Seeks Alternatives: Top Trade Opportunities

The Australian Dollar could be poised to benefit in the second quarter, appreciating from the spillover effects caused by Russia's attack on Ukraine

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EUR/USD Technical Risks & More with John Kicklighter and Pete Mulmat

Every month, DailyFX Chief Strategist and IG US CEO Pete Mulmat sit down to discuss their favorite forex pairs. This week, John and Pete discussed USD sentiment, risks in EUR/USD, and commodity cur...

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AUD/USD Rebounds from Weekly Low with Australia Employment on Tap

Fresh data prints coming out of Australia may prop up AUD/USD as employment is expected to increase for the fifth consecutive month.

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How to Create a Trading Plan in 7 Steps

A trading plan guides traders through the trading process. Learn how to set one up in 7 steps.

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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AUD/USD Eyes Chinese Trade Data as APAC Traders Weigh RBNZ Bets

The Australian Dollar may react to today's trade data out of China where a Covid outbreak is ongoing. APAC traders are also weighing the chance for a 50-basis point rate hike from the RBNZ today.

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Nasdaq 100 Outlook: Traders Sell the Rip as Inflation Remains a Headwind

U.S. stocks rose earlier in the day after core CPI grew less than expected, but gave up all gains and finished lower as the macroeconomic environment remains challenging for risk assets.

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Using Stop Loss Orders in Forex Trading

Market movements can be unpredictable. The stop loss can provide protection against losses.

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USD/CAD Rate Pulls Back from 50-Day SMA Ahead of BoC Rate Hike

The Bank of Canada (BoC) interest rate decision may drag on USD/CAD as the central bank is expected to deliver its third rate hike in 2022.

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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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GBP Forecast Q2 2022: The Bank of England's Inflation and Growth Puzzle

The Bank of England (BoE) is expected to raise UK interest rates further in the second quarter of 2022 as the UK central bank tries to stem soaring prices pressures. The BoE has already lifted the ...

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EUR/USD Price Outlook: EUR Receives a Lift after Macron’s First Round Victory

The euro starts the week higher as Macron takes the lead in the French elections. All eyes on the ECB for hawkish clues as rate differentials weigh on the currency

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British Pound (GBP) Technical Outlook: Cable Revisits 1.30 After Soft Economic Data Release

GBP/USD price action shows traders flirting with the significant 1.30 level for a second time in 2022, while focus shifts to key US and UK economic data tomorrow.

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Japanese Yen Forecast: USD/JPY Surge Persists As Bond Yields Hit Fresh Highs

Firmer bond yields and BoJ calm over weaker Yen keeps USD/JPY bullish.

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Crude Oil Price Forecast Q2 2022: Robust Demand Still Met with Limited Supply

The price of oil spiked to a fresh yearly high ($130.50) in March amid the disruptions caused by the Russia-Ukraine war. Current market conditions may lead to higher crude prices as expectations fo...

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Euro Challenged as US Dollar Skips Up on Higher Treasury Yields. Where to For EUR/USD?

The Euro may have got a reprieve from the French election potentially being resolved, but a strong US Dollar has dominated. Will EUR/USD break lower?

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Markets Week Ahead: Dow Jones, USD, Euro, Canadian Dollar, CPI, ECB, BoC, French Election

A busy week is ahead for the Dow Jones, US Dollar, Euro, Canadian Dollar, gold and crude oil. US inflation, the ECB and BoC rate decisions, as well as the French Presidential Election are on tap. W...

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Australian Dollar Forecast: AUD/USD Eyes China CPI Ahead of Event-Heavy Week

AUD/USD is in focus as Asia-Pacific trading kicks off for the week. The lockdowns in Shanghai are under watch as traders prep for several potential high-impact events, including Chinese CPI due out...

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S&P 500 Forecast: Rising US Consumer Prices to Drag on Risk Appetite

Fresh data prints coming out of the US may drag on the S&P 500 index as the Consumer Price Index (CPI) is expected to increase for the seventh consecutive month.

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Crude Oil Fundamental Forecast: US-IEA Release, Shanghai Woes to Weigh as Inventories Rise

Crude oil prices dropped for a second week amid Chinese Covid woes and increasing US production and inventory levels. Along with headwinds from a coordinated IEA release, prices may drag.

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