USD/JPY Rate Defends Defined Range Ahead of US NFP Report
USD/JPY may face range bound conditions ahead of the US Non-Farm Payrolls (NFP) report amid the lack of momentum to hold above the 50-Day SMA (110.12).
Canadian Dollar Price Forecast: USD/CAD Sinks to Support - Loonie Levels
USD/CAD held support at a big spot last week, even as USD was pushing lower. Can USD/CAD bulls hold the line even as Oil prices threaten a breakout?
Natural Gas Surge to Multi-Year Highs as US Production Restored after Ida
US production of natural gas shuddered ahead of Hurricane Ida is reopening and the alleviation of the temporary supply constraint has pulled futures prices back from their highest levels since Dece...
AUD/USD Threatens Descending Channel Ahead of Australia GDP Report
The update to Australia’s GDP report may push AUD/USD out of a descending channel as the economy is expected to grow at a record pace.
UK Pound Forecast: Sterling Setups for the Week Ahead, GBP/USD, EUR/GBP
Sluggish Sterling expected due to UK holiday but the outlook is set to pick up ahead of major event risk later this week. GBP setups considered
UK Pound Forecast: Sterling Setups for the Week Ahead, GBP/USD, EUR/GBP
Sluggish Sterling expected due to UK holiday but the outlook is set to pick up ahead of major event risk later this week. GBP setups considered
EUR/USD Price Forecast: Fed and ECB Accommodative as Euro Opens Flat
European consumer confidence data did little to sway the subdued EUR/USD start to trading this week as traders look ahead to key Euro and dollar economic data while technicals take over.
Gold (XAU/USD) Prices Pullback after Breaking above $1,800
Gold prices remain supported by key psychological support at $1,800, NFP report key event risk for commodities?
US Dollar Weakens as Dovish Fed Lifts Stocks, Bonds, Commodities and Other Currencies. Where To From Here?
The US Dollar licked its wounds in Asia-Pacific trade after sinking in Friday’s action that saw Fed Chair Powell maintain a dovish mantra. Can gold continue to benefit?
Australian Dollar Forecast: AUD/USD Eyes Q2 Economic Data to Start APAC Trading
AUD/USD may move on Australian Q2 economic data due out this morning as APAC trading kicks off.