EUR/USD Nudges Higher, German ZEW Misses as Economic Sentiment Wanes

The single currency is pushing higher against the greenback on US dollar weakness and eyes a re-test of 1.1000 in the near future.

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GBP Price Forecast: Things Get Tough for the BoE as UK Labor Data Surprises

GBP/USD is bid this morning after UK labor data showed faster wage growth that brought into consideration another rate hike from the BoE in May.

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China GDP Beats Expectations; Hang Seng and Shanghai Composite Index To Extend Gains?

China/Hong Kong equities could be gearing up for another leg higher as the recovery in the world’s second-largest economy picks up steam. What could be potential upside in the indices and what are the levels to watch?

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Gold Prices Slip as US Dollar Regains Vigor, Oil Repelled by Cluster Resistance

Gold prices retreat on Monday, undermined by broad-based U.S. dollar strength and rising U.S. Treasury yields. Meanwhile, oil turns lower after failing to clear cluster resistance at $82.60/$83.40.

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USD/JPY Breaks Major Trendline Resistance as USD/CAD Defies Key Moving Average

USD/JPY breaks above trendline resistance and reaches its best level since March 15. Meanwhile, USD/CAD rises for the second consecutive day, challenging its 200-day simple moving average.

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USD (DXY) Update: Manufacturing Data Lifts Downtrodden Dollar

The US dollar has received a boost from an unlikely manufacturing print that adds weight behind the developing pullback

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AUD/USD Price Forecast: Aussie Dollar Sets Eyes on RBA Minutes

AUD/USD trades around the key 0.67 support level as focus shifts to the RBA meeting minutes and Chinese GDP tomorrow.

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EUR/USD Back Below 1.1000 as the US Dollar Picks up an Early Bid

US Treasury yields open the session near a two week high, giving the greenback an early boost. EUR/USD is back below 1.1000 but for how long?

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Gold Price Forecast: XAU/USD Reacts to Real Yield Sensitivity

Gold prices are bid as real yields are suppressed pushing XAU/USD above the $2000 handle in early European trade.

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Markets Week Ahead: S&P 500, Gold, US Dollar, Global Inflation Data, US Earnings Season

Global equity markets rose while the US dollar slipped in the past week on growing expectations that the US Federal Reserve is nearing the end of its tightening cycle. Key focus is now on Euro area, UK, Japan, Canada, and New Zealand inflation data in the coming week as the US earnings picks up steam.

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Gold (XAU/USD) Within Touching Distance of a New All-Time High

The precious metal is within $30 of making a new all-time high as buyers continue to dominate price action. US data out later may fuel the next leg higher.

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Australian Dollar Flies High with Kiwi on Sinking US Dollar. Where to for AUD/USD?

The Australian Dollar hit the after-burners overnight, stretching to a 7-week peak following soft US inflation data that also boosted the New Zealand Dollar. Where does that leave AUD/NZD?

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US Dollar Continues to Get Punished as Traders Feel No Need for Safety as Stocks Soar

Traders continued punishing the US Dollar amid a lack of reason for safety as the Dow Jones, S&P 500 and Nasdaq 100 soared on Thursday. Will DXY confirm its worst week since early January?

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S&P 500 Soars as Falling Inflation Boosts Fed Pause Hopes, Bank Earnings in Focus

The S&P 500 rallied and closed at its best level since mid-February, boosted by weaker-than-expected U.S. inflation data. Market attention now shifts to the first-quarter earnings season

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US Dollar in Freefall, USD/CAD Breaches Major Support, GBP/USD on Brink of Breakout

The U.S. dollar weakens across the board on Thursday, paving the way for USD/CAD to breach key trendline support and pushing GBP/USD to the brink of a bullish breakout.

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Oil Price Update: OPEC Flags Downside Risks to US Summer Demand

OPEC’s monthly report for March highlighted the possibility of a subdued rise in US oil demand ahead of the summer driving season as part of the decision to cut supply

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US Dollar Price Forecast: US Jobless Claims and PPI May add to USD Weakness

The dollar continued its longer-term selloff after yesterday’s headline CPI data registered a massive drop. PPI inflation & weekly jobs data threaten further USD declines

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British Pound Latest – GBP/USD Moves Higher on Mixed GDP Data, US Dollar Weakness

The UK economy stood still in February, according to the latest UK GDP data, hampered by industrial action in some parts of the services sector.

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Gold Price Eyes New Highs as US Dollar Wilts on Soft CPI. Will XAU/USD Rally?

The gold price scoped new highs after the US Dollar descended in the wake of CPI printing below forecasts and Fed meeting minutes revealing a tapering of sorts. Where to for XAU/USD?

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Australian Dollar Boosted by Solid Jobs Data and Weaker USD. Where to for AUD/USD?

The Australian Dollar moved higher after better-than-forecast employment data today. It comes with the US Dollar undermined by soft CPI data and Fed meeting minutes. Higher AUD/USD?

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