The New Zealand Dollar extended its rally after a bright day on Wall Street after release of better-than-expected local jobs data. Will AUD/NZD again retreat from 5-year resistance?
The EUR/JPY exchange rate looks poised for a short-term pullback as technical divergence suggests the recent rally may be running out of steam.
While the Nasdaq 100 has hit a record high, futures show that key resistance has held. The Australian Dollar fell amid rising local Covid-19 cases, now awaiting the RBA next.
The Gold breakout theme has been running for a while now and as the yellow metal nears a first test of the 2k marker, the big question is what's next?
The US Dollar Index (DXY) looks poised for a short-term recovery as US policymakers fail to find common ground on unemployment benefit payments.
The Japanese Yen may fall if PMI data out of key Asian supply chain economies points to regional stabilization despite a rising number of Covid-19 cases across the world.
The EU Stoxx 50 index may extend declines on disappointing European GDP data after snapping key chart support.
The Australian Dollar may extend its rise if Chinese PMI data – after FAANG earnings – boosts the growth-sensitive currency. Having said that, AUD/USD continues to wobble at key resistance.
USD weakness has been pervasive in most major FX pairs, with this morning showing a notable exception in USD/CAD. Is the pair nearing reversal?
The Russell 2000 small-cap stock index looks poised to rise despite US GDP expected to contract the most since 1947, as the FOMC maintains dovish forward guidance policy.
The New Zealand Dollar may rise after the FOMC rate decision and Fed Chairman Jerome Powell’s press briefing lifted market spirit and put a premium on risk-oriented assets.
It's been a bullish past couple of years for Gold and on Monday, that theme took on a new tone as Gold prices punched up to a fresh all-time-high.
The US Dollar could be poised for further losses after breaking through 6-year trend support, as focus turns to the FOMC interest rate decision.
The Australian Dollar may stretch out its gains if local CPI data points to improved inflationary trends despite mounting regional geopolitical concerns.
In four months US equities markets have went from aggressively bearish to aggressively bullish, even as a global pandemic rages on. What will Powell have to say for tomorrow?
The S&P 500 stock index may fall ahead of the Federal Reserve interest rate decision on July 29 as coronavirus relief bill talks stall in the Senate.
The US Dollar may continue to slide against its G10 peers despite increasingly hostile geopolitical tensions between the United States and China.
As the US Dollar gets smashed to two-year-lows, USD/MXN crawls down to it's own monthly low. But with FOMC on deck, volatility may be around-the-corner.
Spain’s IBEX 35 stock index may extend declines after breaking its 4-month uptrend. France’s CAC 40 equities benchmark is perched at a pivotal support as RSI flops into bearish territory.
The US Dollar index seems poised to climb on escalating US-China tensions after Beijing asks for the closure of the US consulate in Chengdu.