US Dollar Struggles at Resistance Amid Softening Data; EUR/USD, GBP/USD, USD/CAD

The recent struggle at key resistance reinforces the view that the US dollar’s (DXY Index) rally is losing steam as recent data eases concerns that the US economy is resurging. What’s next for the greenback?

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Asia Day Ahead: RBA rate decision ahead, VIX hovers near year-to-date low

Today will leave the Reserve Bank of Australia (RBA) rate decision on watch, with focus on whether recent inflation progress is sufficient to soften the RBA’s hawkish stance.

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Gold Price Steadies as US Real Yields Offset by Potential BRIC Demand. Lower XAU/USD?

The gold price has seen some sideways price action as the market contemplates a bullish and bearish case with the potential influence of BRIC countries outweighing historic fundamentals.

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Pound (GBP) Update: Sterling Reinforces Range Trading Tendencies

The pound seems to favour choppy, sideways price action. This has been evident for EUR/GBP for some time but now appears in GBP/USD after trendline breakdown

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USD/ZAR Price Forecast: Rand Weakness Brings R19/$ Back Into Focus

Rand weakness pushes USD/ZAR towards key resistance zone ahead of key SA and US economic data this week.

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EUR/USD Price Forecast: Euro Upside Could be Temporary

The euro looks to reestablish itself against the US dollar but weak German export data could see EUR/USD heading towards 1.07 once again.

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Crude Oil Flies High with Markets Eyeing a Fed Pause. Will WTI Go Higher?

The crude oil price has been steady today after surging last week on supply woes. With the US on holiday today, conditions in some markets might see less liquidity. Where to for WTI?

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Japanese Yen’s Slide Pauses but for How Long? USD/JPY, EUR/JPY, MXN/JPY Price Setups

The retreat in US Treasury yields amid a scaling back in US Federal Reserve rate hike expectations this year appears to have put a lid on USD/JPY.

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US Holiday Today but Focus Could be on China, Russell 2000, USD/JPY and Brent Crude

The US jobs data released last Friday displayed signs of softening in the US labour market, while Wall Street continues to catch a breather from its recent rally.

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Australian Dollar Steadies Ahead of RBA and GDP. Will AUD/USD Get a Grip?

The Australian Dollar has been battling to lift off the mid-August low but the recent rally might be constructive for it as it seeks to move back into a range trading environment.

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Markets Week Ahead: US Dollar, Gold, Crude Oil, AUD/USD, USD/CAD, RBA, BoC

The US Dollar broadly underperformed as gold prices soared. Ahead, the Australian and Canadian Dollars are eyeing the RBA and BoC, respectively. Will crude oil prices extend a winning streak and what else is in store for markets in the week ahead?

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British Pound Latest: GBP/USD Slips Going Into the Weekend, EUR/GBP Little Changed

The latest US Jobs Report nudged the US dollar against a range of G7, while updated ONS data shows the UK economy in better fettle than previously thought.

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August Jobs Report: Payrolls Rise by 187K, Setting Gold and USD on Opposite Paths

The U.S. labor market continued to show strength in August by adding 187,000 jobs, slightly above expectations. This indicates that significant layoffs have not yet become widespread, highlighting the economy's enduring resilience.

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S&P 500 Outlook: Can NFP Propel US Stocks Back to Yearly Highs?

early indications of a softer US labour market point to an underwhelming NFP report later today. The knock-on effect will be felt in stocks which have clawed back recent losses

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GBP/USD, Dollar Index (DXY) Hold Above Support Ahead of Key US Data Releases

The Bank of England (BoE) is facing growing challenges heading toward the September meeting, as uncertainty around the Fed swirls as well. Will todays US data provide some clarity for the pair?

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Indices on Track for Second Week of Gains: FTSE 100, Nasdaq 100, DAX 40

​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of today’s US Non-Farm Payrolls.

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Bitcoin (BTC), Ethereum (ETH) Slide as SEC Postpones ETF Decision, US Jobs Report Now Key

The SEC pushed back making a decision on a handful of spot Bitcoin ETF applications until mid-October, leaving BTC/USD vulnerable to a further bout of weakness

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EUR/USD Slides as Euro Area Makes Progress on Core Inflation, Headline Steady

The Euro Area saw core inflation cool in August but the headline and MoM figure remain sticky. No real clarity from today's data will only add to the ECB's conundrum moving forward.

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XAU/USD Price Forecast: Gold Extends on US Jobs Data

Gold prices have pushed higher on recent US jobs figures but PCE and NFP data will be key inputs as to the Fed’s rates trajectory.

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US Dollar Dip Pauses as Markets Reassess Fed Moves and China Concerns. Lower USD?

The US Dollar descent took a breather today as the Federal Reserve’s rate path is re-examined amid softening US data and China woes continuing. Will the DXY (USD) index trend lower?

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