EUR/USD Price Forecast: Retracement Incoming? Catalyst Needed if Bulls are to Remain in Control
EURO Bulls eyeing a break of the 1.0900 resistance level but face an uphill battle. A Catalyst may be needed for the bullish momentum to continue.
Oil Latest – US Crude Trying to Nudge Higher After Another Week of Heavy Losses
US oil is down in excess of 23% in the last two months as fears of an imminent slowdown in global growth weigh. Wednesday’s EIA report did not help short-term sentiment either.
Yen Update: What’s Behind the Recent Yen Strength?
The yen has struggled to appreciate despite yield curve controls allowing greater upside potential in bond yields. However, USD/JPY sunk after official comments
FTSE 100, DAX 40 and Nasdaq Rallies are Taking a Breather
Outlook on FTSE 100, DAX 40 and Nasdaq 100 amid consumer spending concerns.
AUD/USD Price Forecast: Aussie Dollar Unable to Exploit Weaker US Data
AUD prices are trading lower this Friday morning as Fed officials did not waver in their hawkish messaging after jobless claims data crept higher.
US Dollar Outlook Shaky as Yields Tank, Setups on EUR/USD, GBP/USD, AUD/USD
This article explores the technical outlook for EUR/USD, GBP/USD and AUD/USD, focusing on price action dynamics and key levels in play
Gold Price Forecast: XAU/USD Breaks Out as Yields Sink, Fed Pivot Hopes Build
Gold prices rally more than 1% and break above a key technical resistance, boosted by falling U.S. Treasury yields following disappointing U.S. economic data.
Oil Price Outlook: Brent and WTI Suffer Further Losses
Oil declines around $3.5 today as markets continue to digest sizeable stock builds at a time when the US production levels soar and economic data appears to be easing
EUR/USD Holds Up But Pares US Inflation-Inspired Gains
The Euro retains the upper hand in what remains overwhelmingly a ‘Dollar weakness’ story
USD/ZAR Price Forecast: Rand Scans Critical Long-Term Support
Rand prices slumped today around a key support zone but ZAR bulls remain tentative at this important juncture.