Crude Oil Dips After Large Gains as US Dollar Finds Firmer Footing. Lower WTI?

The crude oil price eased a touch today as it remains trapped in a range with soft Chinese data and Madame Secretary Yellen not ruling out a US recession. US CPI is now in view.

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Gold Price Steadies as US Dollar Under Pressure Ahead of CPI. Where to for XAU/USD?

The gold price is poised near US$ 1,930 going into the new week with a US Dollar losing traction despite Treasury yields ticking north. Will real yields play a role in XAU/USD direction?

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Cracks Emerge in Japanese Yens Downtrend; USD/JPY CAD/JPY MXN/JPY Price Setups

The Japanese yen looks set this week to shed some of its gains against some of its peers, but cracks are starting to emerge in the Japanese currency’s broader downtrend that could limit any weakness.

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Asia Day Ahead: US Job Report Brings Cautious Start to the Week

Major US indices failed to retain its initial gains in the aftermath of the US June jobs report last week, with a mid-day sell-off on relative high volume forcing an eventual close in the red.

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Markets Q3 Outlook: Gold US Dollar Nasdaq 100 Crude Oil Fed Labor Markets

Financial markets remained resilient in the wake of a resurgence in hawkish central bank bets during the second quarter. Will this momentum hold in the third quarter?

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Oil Fundamental Forecast: Q3 the Catalyst for Crude Oil?

Crude oil prices could be in for a positive Q3 with OPEC+ maintaining production cuts through to August.

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Australian Dollar Outlook: Central Banks Continue to Grapple with CPI

The Australian Dollar finished the second quarter not far from where it started after breaking both sides of an established range. Although some domestic factors have played a role in AUD/USD direction, the US Dollar remains a dominant factor for the currency.

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GBP/USD Price Forecast: Pound Anxiously Eyes NFP Data

GBP/USD dismisses UK Halifax housing data as markets focus solely on the upcoming US NFP release.

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Gold (XAU/USD) Prices at Risk of Freefall Heading Into NFP Day

Spot Gold continued to probe the psychological $1900/oz level yesterday after red-hot US data. Will the NFP report provide the catalyst for a sustained break lower?

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Crude Oil Holds the High Ground as US Jobs Data Lights Up. Higher WTI?

The crude oil price is scoping new highs as inventories drop and the US economy continues to track along at a clip with jobs data prompting a potentially more hawkish Fed. Where to for WTI?

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Japanese Yen Aided by Jump in Japan Wages: USD/JPY EUR/JPY AUD/JPY Price Setups

The Japanese yen found some bids after Japanese wages rose significantly more than expected, lowering the hurdle for the Bank of Japan to tweak its ultra-loose monetary policy. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?

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Asia Day Ahead: US Data Calls for Hawkish Bias in Feds Policy

Resilient labour market conditions and persistent services sector’s prices were not well-received by Wall Street yesterday, as the data called for a hawkish bias in Fed’s policies.

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Gold Prices on Downward Path and Probing Key Support Level Before US Jobs Data

Gold prices fall and approach an important Fibonacci support zone as U.S. Treasury yields rally violently following strong U.S. economic data. Attention now turns to the June NFP report.

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Gold Prices Still Weighed Down by Fed Rate-Hike Bets

Gold prices remain stuck with the prospect that global interest rates have further to rise. Against that backdrop, non-yielding assets will struggle

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Euro Price Forecast: EUR/GBP EUR/USD EUR/JPY Price Setups

The euro is expected to come under pressure as worsening fundamental data weighs on the continent. At the same time, other central banks ramp up rate hike talk

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Hawkish Fed Minutes put Pressure on Dow Nasdaq 100 and CAC40

Indices have come under fresh pressure this morning, after Fed minutes showed a more hawkish outlook for monetary policy in the US.​

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USD/CAD Price Forecast: Loonie Strength to Come?

USD/CAD bears could be in for a resumption of the longer-term downtrend ahead of key US and Canadian economic data.

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Gold Slips After FOMC Minutes; XAU/USD Scenario Ahead of US Jobs Data

Gold slipped after minutes of the US Federal Reserve’s June meeting kept alive hopes of another rate hike at the end of July. How does XAU/USD look ahead of the key US jobs data on Friday?

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Crude Oil Firms on OPEC Intentions and API Data. Will WTI Break the Range?

Crude oil prices have held the high ground going into Thursday after a solid rally in the aftermath of OPEC+ announcements and API stockpiles slipping again. Higher WTI?

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Asia Day Ahead: Little Surprise in Fed Minutes; Focus Now on US Jobs Data

Wall Street posted modest declines overnight, following its return from the holiday break.

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