AUD/USD Price Forecast: US Influences Shaping Aussie

AUD/USD looks to Fed Chair Jerome Powell for direction today with no Australian data scheduled.

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Canadian Dollar Outlook: USD/CAD in Freefall after Double Top Confirmation Signal

USD/CAD extends its recent sell-off and challenges trendline support near 1.3150 after validating a bearish double-top pattern late last week.

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Bitcoin (BTC/USD) Posts a Six-Week High on Positive News Flow

The price of the largest cryptocurrency hit a fresh six-week high today, buoyed by news that BlackRock, the world’s largest asset manager, has filed for a spot BTC ETF

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Euro Cautiously Higher As Mr Powell Heads to Capitol Hill

Markets often trade nervily when they’re about to hear from the Fed Chair, Wednesday is no exception

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Chinese Yuan Price Outlook: PBoC Cuts Rates Leaving Yuan Vulnerable

The Chinese yuan has depreciated against the dollar and pound sterling as accommodative monetary policy is favoured to reignite the economic recovery

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Indices stay under pressure as UK inflation remains sticky

​​Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflation comes in higher-than-expected.

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XAU/USD Price Forecast: Gold Looks to Powell

Gold prices may be in for a wake up call after weeks of minimal price action as markets gear up for Fed Chair Jerome Powell’s Testimony.

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Gold Prices Slump on US Data ahead of Powells Testimony Key Support in Peril

Gold prices drop on Tuesday amid U.S. dollar strength following solid U.S. economic data ahead of Powell’s testimony before Congress later in the week.

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Japanese Yen Latest: USD/JPY GBP/JPY and EUR/JPY Outlooks

In an relatively lackluster FX market, the Japanese’s Yen volatility is something of a rarity and is at least giving traders something to work with.

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EUR/USD Price Forecast: EUR/USD Grinds in Tight Range as Breakout Beckons

EUR/USD struggles for direction as the tug of war between the Euro and the US Dollar continues. Price action suggests a breakout could be imminent.

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US Crude Up After China Rate Cut But Has The PBOC Done Enough?

Oil prices have seen some gains after the Chinese central bank trimmed lending rates, but energy demand worries will remain

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US Markets Return to Action Dow Futures Rise Nasdaq 100 Trades Sideways CAC 40 Gains

​​The return of US markets has seen some buying activity this morning, lifting the CAC40 and Dow off their overnight low while the Nasdaq 100 continues to consolidate. ​

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AUD/USD Price Forecast: Aussie Sinks on Lackluster RBA and Chinese Rates

AUD/USD is trading 0.6% lower as the European session begins after RBA minutes and China’s LPR cuts did little to support he Aussie dollar.

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EUR/USD Outlook: ECB Hawks Welcome Further Hikes but for How Long?

Central bankers have had their say on the likelihood of further hikes but ECB Chief Economist refuses to look past a July hike, stating a preference for data dependency

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USD/ZAR: Price Forecast: Rand Rally Possibly Fading

USD/ZAR faces a quiet trading day today as US markets are closed. Rand traders now keep close eyes on the upcoming SA CPI print on Wednesday.

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GBPUSD Lower But Well Supported As Markets Expect BoE Hike

The Pound has struggled to make further gains after soaring last week, but is showing no sign of reversal.

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Oil Price Forecast: WTI and Brent Face Challenges as Chinese Economy Remains in Focus

Oil prices eye further gains as market participants weigh up potential stimulus from the PBoC. Can oil prices ignore the noise and tick higher?

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FTSE DAX S&P 500 Outlook: Indices Begin Week on a More Cautious Note

Outlook on FTSE 100, DAX 40 and S&P 500 following last week’s Fed, BoE and BoJ monetary policy meetings.

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GBP/USD Price forecast: BoE Eyes UK CPI Ahead of Rate Decision

GBP/USD holds steady going into a data heavy week with the recent pound rally looking to be slowing.

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Euro After ECB Rate Hike: EUR/USD EUR/AUD EUR/GBP Price Setups

EUR could attempt to recoup some of the recent losses against some of its peers, thanks to ECB’s hawkish hike, oversold conditions, and a spate of underwhelming Euro area macro data. What are the key levels to watch in EUR/USD, EUR/GBP, and EUR/AUD?

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