Sunday, 21 August 2022

S&P 500, FTSE 100 Week Ahead: Jackson Hole Symposium in Focus

S&P 500 posts first weekly drop in a month. FTSE 100 defying gravity

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Saturday, 20 August 2022

Canadian Dollar Weekly Forecast: USD/CAD Braces Ahead of Key U.S. Economic Data

Teaser: USD/CAD will be subject to USD specific factors next week as the Canadian dollar remains exposed to downside risk.

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Euro Forecast – EUR/USD Plunging Into Parity as US Dollar Bulls Run Amok

The Euro, along with a range of other majors, is looking fairly helpless in the face of a rampant US dollar with parity – EUR/USD 1.000 - unlikely to hold the latest sell-off.

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Gold Price Forecast: Bullion to Find Relief on Slowing US Inflation

The update to the US Personal Consumption Expenditure (PCE) Price Index may curb the weakness in the price of gold as the report is anticipated to show a slowdown in inflation.

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Friday, 19 August 2022

Bitcoin/Ethereum Outlook: BTC/USD, ETH/USD Weighed Down by the Fed

Risk assets sank this week as USD strength rattled markets. Bitcoin and Ethereum surrender August gains. US data and Jackson hole could drive prices in either direction.

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Australian Dollar Outlook Bearish Amid US Dollar Surge and China Woes

The Australian Dollar plummeted against the US Dollar as Fed pivot bets waned and China's economic woes darkened. Traders are growing increasingly bearish on AUD.

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Thursday, 18 August 2022

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

The commodity currency central banks have more rate hikes discounted in the coming months.

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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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GBP/USD Forecast: Pound Extends Fall as Markets Digest FOMC Minutes

GBP/USD extends its downward trajectory post-FOMC, driven by U.S. dollar strength as we look forward to several U.S. events on the economic calendar later today.

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When Can S&P 500 Volatility Break a Stock Diversification Strategy? Analyzing the VIX

When S&P 500 volatility is too high, a stock sector diversification strategy can fail. Using the VIX, what levels should traders watch for to identify this risk and what can be done about it?

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Wednesday, 17 August 2022

USD/JPY Rate Forecast: Test of August High on Tap

USD/JPY may continue to appreciate over the coming days as the exchange rate looks poised to test the monthly high (135.58).

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AUD/USD Falls After July Jobs Report

AUD/USD fell after a dissapointing jobs report. Australia lost 40.9k jobs in July, missing expectations and falling sharply from June when 88.4k jobs were added.

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Crude Oil Price Halts Three Day Selloff as US Crude Inventories Contract

Data prints coming out of the US appear to be propping up the price of oil as the 7.056M decline in crude inventories instill an improved outlook for consumption.

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Bitcoin Prices May Fall in APAC Trading as Australian Jobs Data Nears

Bitcoin prices may continue falling in APAC trading on souring market sentiment. Australian jobs data for may impact an ailing Aussie Dollar, with analysts expecting 25k jobs added for July.

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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S&P 500, Dow Jones and Nasdaq 100 Finished Lower Following FOMC Minutes

The S&P 500 pulled back today, and the Nasdaq continued a pullback after finding resistance yesterday.

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Tuesday, 16 August 2022

AUD/USD Rate Outlook Mired by Failure to Test 200-Day SMA

AUD/USD appears to be reversing course ahead of the 200-Day SMA (0.7146) as the exchange rate carves a series of lower highs and lows.

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Asia-Pacific Markets May Rise After US Dollar Moderates, US Stocks Rise

Asia-Pacific markets may rise after the US Dollar moderated overnight as US stocks closed mostly higher. The RBNZ rate decision is due today, with traders expecting a 50-basis-point rate hike.

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S&P 500, Dow Jones and Nasdaq 100 Touch Three-Month Highs

US data was a mixed bag as consumer activity remained strong alongside further slowing in the housing market

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Australian Dollar Outlook Remains Mixed – AUDUSD, AUDJPY, EURAUD

The Australian Dollar outlook remains cloudy as recent gains in risk assets battle against growing economic concerns.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...