Commodities

US Dollar Eyes Jobs Data, NIRP And US-China Trade Cheer Weigh

The US Dollar eyes what promises to be abysmal jobs data, courtesy of Covid-19 having dropped amid bets on negative inte... Read more

Bitcoin Breakout: BTC To Fresh Highs, Near 10k As PTJ Makes Bull Case

Bitcoin bulls have been waiting for drivers and another may have just appeared as one of the most widely-followed market... Read more

GBP/USD May Fall As The Bank Of England Strikes A Gloomy Tone

The British Pound may fall against the US Dollar if a gloomy tone from the Bank of England sets the stage for stimulus e... Read more

Canadian Dollar Price Outlook: USD/CAD Re-Tests Fibonacci Resistance

Turbulence has led to mean reversion, but that may not last for long as both the US and Canada release jobs numbers on F... Read more

US Dollar And Yen May Rebound On Recession Fears, ADP Eyed

The anti-risk US Dollar and Japanese Yen may rise if incoming economic data stokes worries about an emerging global rece... Read more

Euro At Risk As German Court Weighs ECB QE Program

The Euro is at risk as Germany’s constitutional court weighs on the ECB’s QE effort. If it rules against the central... Read more

Gold Price Outlook: XAU Coils Into May, Will GLD Buyers Hit The Bid?

Gold prices surged by more than 20% from the March lows to the April highs, leading to almost three weeks of mean revers... Read more

Yen, US Dollar May Continue Higher Amid Global Recession Fears

The anti-risk Japanese Yen and US Dollar may continue to build higher as global recession fears grip global financial ma... Read more

US Dollar Drops To Key Support As S&P 500 Tanks To Start May Trade

Stocks just closed out a huge month of April, and shutdown orders have begun to be lifted. But what comes next? Read more

US Dollar May Rise On FOMC, Virus-Shaken US GDP Data

The US Dollar may rise if the FOMC rate decision and US GDP data put a premium on haven-linked assets amid concerns of a... Read more

Canadian Dollar Price Outlook: USD/CAD Snaps Back, Will Bears React?

USD/CAD fell back-below the 1.4000 marker this morning, and has since checked back to prior support for potential resist... Read more

US Dollar May Gain From Risk Aversion If Confidence Data Sours Sentiment

The US Dollar may rise if consumer confidence data reveals how severely the coronavirus pandemic has infected the optimi... Read more

Gold Price Outlook: XAU Confluent Support - FOMC, ECB On The Docket

Gold prices have put in some big moves after a near-15% drop in March led into a 20% rally up to fresh seven-year-highs ... Read more

US Dollar Drop Before FOMC Meeting May Not Last

The US Dollar faces strong selling pressure as the markets hope for more stimulus at this week’s FOMC meeting. They ma... Read more

Euro May Fall On German IFO Data After Dismal PMI Cascade

The Euro may extend its decline versus the US Dollar if German IFO data amplifies a selloff in EUR/USD after the Eurozon... Read more