Category : Forex Trading News

Crude Oil, OPEC+, WTI, US Dollar, VIX, RBOB, OVX Index – Talking Points Crude oil appears rudderless going into the Thursday session The OPEC+ lollipop...

Dow Jones, Nasdaq 100, Bond Yields, Technical Analysis – Asia-Pacific Briefing: Dow Jones gains as Nasdaq 100 sinks amid rising bond yields This follows unexpected...

GOLD AND SILVER FORECAST: Gold and silver prices slide as U.S. yields surge across the Treasury curve Non-yielding precious metals tend to perform poorly when...

Recommended by Diego Colman Get Your Free USD Forecast Get My Guide US DOLLAR ANALYSIS The U.S. dollar, as measured by the DXY index, was...

BoC RATE DECISION KEY POINTS: 25bps Hike by the Bank of Canada as Excess Demand Looks More Persistent Than Anticipated. Underlying Inflation Remains a Concern...

Crude Oil, OPEC+, WTI, US Dollar, Saudi Arabia, API, EIA, Bollinger Bands – Talking Points Crude oil leapt on OPEC+ cuts with a volatility blowout...

GOLD PRICES OUTLOOK: Gold prices extend their rebound after encountering support at the lower limit of a medium-term ascending channel Gold’s technical profile remains constructive,...

The Bank of Canada is the central bank of Canada, responsible for overseeing the country’s monetary policy and promoting the economic and financial welfare of...

EUR/USD AND USD/CAD FORECAST: EUR/USD slides on disappointing economic data from Europe USD/CAD continues to carve out a bearish double-top pattern This article looks at...

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Canadian Dollar, USD/CAD, OPEC Cuts? Technical Analysis – Asia-Pacific Briefing: Canadian Dollar weakens despite Saudi Arabia oil production cuts Failure of broader OPEC+ coordination meant...

S&P 500 FORECAST: S&P 500 rises at the start of the week, reaching its best levels since August 2022 Technicals remain positive, but caution is...

Crude Oil (Brent, WTI) News and Analysis Saudis advocate further oil production cuts but fail to win overwhelming support Oil technical levels to note after...

ISM SERVICES KEY POINTS: U.S. ISM Services PMI falls to 50.3 in May from 51.9 previously, well below expectations The new orders index declines sharply,...

RAND ANALYSIS & TALKING POINTS ESKOM optimism gives rand a boost! US ISM non-manufacturing PMI & SA GDP to drive volatility short-term. R19.00/$ looming? Trade...

Recommended by Manish Jaradi The Fundamentals of Trend Trading Get My Guide Global equity markets rose, led by solid gains in US equities, as markets...

BRENT CRUDE OIL ANALYSIS & TALKING POINTS Russia finding it tough to cut production the rest of OPEC+ seeks higher prices. Light economic week ahead...

GOLD PRICE OUTLOOK: Gold prices fail to mount recovery as bond yields resume their rebound Strong U.S. economic data may nudge the Fed to continue...

EUR/USD PRICE, CHARTS AND ANALYSIS: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe...

GBP/USD Prices, Charts, and Analysis Little domestic economic data or events next to guide Sterling. GBP/USD clients have turned net short. Recommended by Nick Cawley...

GOLD PRICES FORECAST: Gold prices retreat as Treasury yields charge higher following solid U.S. payrolls data The U.S. economy added 339,000 jobs in May, topping...

US NFP AND JOBS REPORT KEY POINTS: The US Added 339,000 Jobs in May, Surpassing the Average Forecast of 190,000 New Payrolls. Aprils Figure Meanwhile...

US Dollar Price, Chart, and Analysis US debt ceiling agreed and passes to President Biden to sign off. The US jobs market remains hot –...

USD/JPY News and Analysis Recommended by Richard Snow How to Trade USD/JPY Get My Guide BoJ Governor Ueda in No Hurry to Alter Course BoJ...

Article written by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P Analysis and Charts ???FTSE 100 recovers as US avoids a default...

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Crude Oil, OPEC+, WTI, US Dollar, Economic Data, Treasury Yields – Talking Points Crude oil found firmer footing going into the Friday session after dipping...

Gold, XAU/USD, ISM Data, Technical Analysis – Asia-Pacific Briefing: Gold prices rally on Thursday, set for best week since the beginning of April Significant disappointment...

EUR/USD TECHNICAL ANALYSIS EUR/USD regained strength on Thursday and managed to bounce off horizontal support at 1.0640/1.0600 following Wednesday’s steep sell-off. While the euro’s prospects...

NFP TALKING POINTS AND ANALYSIS NFP report could play a major role in manipulating Fed Chair Jerome Powell’s decision at the next interest rate announcement....

Silver (XAG/USD) Analysis Fed comments led to a wild swing in interest rate expectations which weakened the dollar Silver technical analysis and key levels to...

ISM MANUFACTURING KEY POINTS: Manufacturing activity edges down to 46.9 in May from 47.1 previously, slightly below expectations New orders sink, whereas the employment and...

Gold Price Analysis, Price, and Chart Gold is trading on either side of a prior resistance turned support level. ADP, US non-farm payrolls near –...

British Pound (GBP/USD) Analysis Cable rises on the Fed’s increased probability of a “skip” at the June FOMC Major risk events this week: NFP, US...

Article written by IG Chief Market Analyst Chris Beauchamp Dow Jones, CAC 40, Nasdaq 100 Analysis and Charts Recommended by IG Building Confidence in Trading...

S&P 500, Nasdaq 100, JOLTS Job Openings, July Fed Hike – Asia-Pacific Briefing: S&P 500, Nasdaq 100 sink for a second day as sentiment deteriorates...

EUR/USD ANALYSIS: EUR/USD plunges on Wednesday, reaching its lowest level since March 17 Softer-than-expected inflation data in several countries in Europe, together with broad-based U.S....

GOLD PRICE FORECAST: Gold prices gain after encountering support at the lower limit of a medium-term rising channel Gains are modest as traders remain reluctant...

BITCOIN, RIPPLE (XRP) KEY POINTS: Bitcoin Prices Struggle as Low Volatility and the DXY Hamper Recovery. Cryptocurrency Exchange Volumes on Course for Lowest Month Since...

EUR/USD Prices, Charts, and Analysis German inflation moves sharply lower in May. ECB Financial Stability Review warns of a ‘fragile economic outlook.’ Recommended by Nick...

Dow Jones, S&P 500, US Debt Ceiling Deal, Spending Cuts – Asia-Pacific Briefing: Dow Jones, S&P 500 reverse intraday gains as markets digest debt deal...

CRUDE OIL FORECAST: Oil plummets, sinking more than 4% to its lowest level since early May Concerns about the energy market outlook, coupled with OPEC+’s...

EUR/USD News and Analysis Recommended by Richard Snow How to Trade EUR/USD Get My Guide Persistent US Inflation and Worsening Euro Economic Prospects Weigh on...

S&P 500 FORECAST: US Consumer Confidence slides to 102.3 from an upwardly revised reading of 103.7 in April Sentiment data fails to spark volatility as...

USD/CAD PRICE, CHARTS AND ANALYSIS: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe...

TURKEY RUNOFF ELECTION RESULTS, USD/TRY: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe...

EUR/USD, GBP/USD PRICE, CHARTS AND ANALYSIS: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team...

CRUDE OIL, WTI, NATURAL GAS, NG – Outlook: Crude oil is holding above tough support, keeping alive the capitulation view. Natural gas has fallen sharply,...

US Dollar, DXY Index, USD, Treasury Yields, Debt Ceiling, Crude Oil – Talking Points The US Dollar might get a jolt this week on a...

US Dollar, Euro, British Pound Vs Japanese Yen – Price Action: USD/JPY has risen above key resistance. ?EUR/JPY and GBP/JPY are flirting with major hurdles....

Recommended by Daniel Dubrovsky Get Your Free Equities Forecast Get My Guide Global stock market sentiment mostly deteriorated this past week with a few exceptions....

EUR/USD PRICE, CHARTS AND ANALYSIS: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe...

GBP/USD Prices, Charts, and Analysis Gilt yields push sharply higher on renewed UK rate hike expectations. IMF does a 180 on UK growth prospects. Little...

EUR/USD Prices, Charts, and Analysis EUR/USD returned some of the week’s losses on Friday The move was modest though and the bears remain in charge...

PCE REPORT KEY POINTS: April U.S. consumer spending surges 0.8%, well above expectations calling for a 0.4% increase Core PCE clocks rises 0.4% on a...

Japanese Yen Price, Chart, and Analysis The Bank of Japan (BoJ) will continue with ‘large-scale monetary easing’. USD/JPY 140 is under threat. Recommended by Nick...

Gold Price, Analysis, and Charts Gold looks set for a third straight week of falls Stronger Dollar and question marks over further rate rises have...

FTSE 100, DAX 40, and S&P 500 Analysis and Charts Article written by IG Senior Market Analyst Axel Rudolph ???FTSE 100 remains under pressure amid...

GBP/USD PRICE, CHARTS AND ANALYSIS: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe...

Crude Oil, OPEC+, US GDP, WTI, US Dollar, RBOB, OVX Index – Talking Points Crude oil tumbled going into the Friday session after posting a...

Copper Analysis and Chart Article written by IG Technical Analyst Vincent Boy Recommended by IG Traits of Successful Traders Get My Guide While global markets...

GBP/USD Prices, Charts, and Analysis GBP/USD has again failed to hang on to gains The UK unit gained with others following the release of Fed...

SARB RATE DECISION AND USD/ZAR OUTLOOK: The South African Rand Experienced Renewed Selling Pressure Despite a 50bps Hike by the South African Reserve Bank (SARB)....

US Dollar (DXY) Price, Chart, and Analysis The US dollar is printing a steady series of short-term higher highs. US T-bill yields balloon higher. Recommended...

GOLD PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda How to Trade Gold Get My Guide READ MORE: Price Action Setups on Gold (XAU/USD) Gold...

Dow, Nasdaq 100, Hang Seng Charts and Analysis Article by IG Chief Market Analyst Chris Beauchamp Recommended by IG Building Confidence in Trading Get My...

EUR/USD ANALYSIS German Q1 GDP confirms technical recession over the winter period. US GDP, ECB speakers and debt ceiling updates to drive EUR/USD today. Technical...

Australian Dollar Vs US Dollar, Japanese Yen, Canadian Dollar – Price Setups: AUD is looking vulnerable as it tests vital support. ?Key focus is on...

US Dollar, Crude Oil, Gold – Talking Points US Dollar found a clear run and resumed strengthening today The debt ceiling issue lingers and the...

GBP, British Pound, Euro, Japanese Yen, US Dollar – Outlook: GBP/USD slipped even as inflation moderated less than expected. Chance that GBP’s consolidation could extend...

Nvidia, Nasdaq 100, S&P 500 – Asia-Pacific Briefing: Chipmaker Nvidia crushed earnings expectations, stock soars 25% Rippling effect carries Nasdaq 100, S&P 500 futures higher...

FED MINUTES KEY POINTS: Fed minutes show inclination for a less aggressive approach, but there is no broad consensus The document may be stale as...

Japanese Yen (JPY) Analysis and Charts USD/JPY is like all other pairs focused on US debt negotiations However, interest rate differentials hugely support the Dollar...

RAND ANALYSIS & TALKING POINTS CPI miss crushes rand hopes as risk sentiment sours. ZAR now eyes FOMC minutes and SARB interest rate decision tomorrow....

Gold Price Analysis, Price, and Chart US 1-month US bill yields test multi-decade highs. FOMC minutes and Core PCE yields the next macro drivers for...

EUR/USD FORECAST EUR/USD falls and tests trendline support amid broad-based U.S. dollar strength The recent jump in U.S. Treasury yields has reinforced the greenback’s recovery...

US PMI, GOLD AND DOLLAR INDEX KEY POINTS: Recommended by Zain Vawda Get Your Free USD Forecast Get My Guide The headline S&P Global Flash...

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GBP/USD Prices, Charts, and Analysis IMF turning positive on UK growth. UK PMIs paint a further manufacturing-services divergence. US debt discussions continue as the clock...

Dow, CAC 40, Nasdaq 100 – Prices, Charts, and Analysis Article by IG Chief Market Analyst Chris Beauchamp Dow knocked back on debt ceiling uncertainty...

Japanese Yen, USD/JPY, Treasury Yields, Ascending Triangle – Briefing: Japanese Yen weakens to wrap up the first trading day of the week Rising Treasury rates...

GOLD PRICES FORECAST: Gold prices retreat on Monday, undercut by higher U.S. Treasury yields The precious metal may reverse higher in the coming days if...

Silver Technical Update Silver sell-off continues despite late bid last week Price action approaches the confluence zone around 23.20 Long-term uptrend remains in place The...

JAPANESE YEN PRICE, CHARTS AND ANALYSIS: The Yen appears Vulnerable to Further Selling Pressure Following Comments from BoJ Governor Ueda. No More Pivot Hopes? RSI...

GOLD OUTLOOK & ANALYSIS US debt ceiling back in focus this week! Fed Bullard’s ultra-aggressive guidance hurts bullion. Technical analysis reflective of investor hesitancy. Recommended...

Recommended by Manish Jaradi Get Your Free Top Trading Opportunities Forecast Get My Guide Global equity markets jumped while gold dropped in the past week...

US EQUITIES TALKING POINTS: FORECAST: NEUTRAL US Equities Enjoyed a Strong Week with Fridays Losses Proving the only Blip. Can the Rally Continue? Nasdaq 100...

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GBP/USD and EUR/GBP Prices, Charts, and Analysis Recommended by Nick Cawley Get Your Free GBP Forecast Get My Guide The latest look at UK inflation...

USD/CAD PRICE, CHARTS AND ANALYSIS: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe...

STOP! From December 19th, 2022, this website is no longer intended for residents of the United States. Content on this site is not a solicitation...

S&P 500 (ES1!) News and Analysis US stocks edge higher despite stronger dollar, higher yields Traders increase interest rate expectations as the threat of a...

US Dollar, DXY, Debt Ceiling Deal Bets, Jobless Claims – Briefing: US Dollar on course for best 2-week gain since September Debt ceiling deal bets,...

NASDAQ 100 TECHNICAL FORECAST: Nasdaq 100 breaks above major technical resistance at 13,740 and rises to its best level since April 2022 While the technical...

GOLD PRICES FORECAST: Gold prices (XAU/USD) fall for the third straight day, reaching their lowest point since early April U.S. dollar strength and rising U.S....

US Dollar (DXY) Analysis Better than feared economic data adds to recent dollar drivers US treasury yields climb higher as interest rate expectations anticipate outside...

BRENT & WTI CRUDE OIL ANALYSIS & TALKING POINTS More positivity around US debt ceiling could support crude oil. More Fed guidance to dictate prices...

Bitcoin (BTC) Prices, Charts, and Analysis: Bitcoin edges higher but price action lacks conviction. US debt ceiling talks may provide the next driver. Recommended by...

EUR/USD PRICE, CHARTS AND ANALYSIS: Recommended by Zain Vawda Get Your Free EUR Forecast Get My Guide READ MORE: USD/ZAR Update: South African Rand Facing...

USD/JPY, GBP/JPY and EUR/JPY Price Setups Recommended by Richard Snow Get Your Free JPY Forecast Get My Guide Improved Risk Sentiment Weighs on the Yen...