US Dollar Sentiment Weakens, EUR Longs Pick Up, CAD Consolidates - COT Report
USD shorts hit a 3 month high, Euro longs rise, while GBP net longs are slashed. CAD consolidates.
Canadian Dollar Price Forecast: USD/CAD Ahead of BoC - Loonie Levels
The trend has been strong in USD/CAD but bears will face a rigid test over the next two weeks as a flurry of drivers come into the equation.
NZD/USD Rate Reversal Takes Shape Ahead of May Low
NZD/USD may continue to retrace the decline from the start of the month as it appears to have reversed course ahead of the May low (0.7115).
FTSE Outlook: UK Index Faces a Stern Challenge with Yearly High in Sight
The bullish run continues for FTSE and other major indices but a stern challenge awaits if it is to continue
DAX 30, IBEX 35 Outlook: NFP Data Supports Fed's Plan to Focus on Creating Employment Over Inflation
European stocks are trading a little softer as focus shifts towards inflation data
British Pound (GBP) Latest: GBP/USD Within Range, GBP/JPY Eyes Key Levels
GBP remains within range. Delta variant raises reopening doubts, while GBP/JPY eyes multi-year levels.
Crude Oil Prices Eye Resistance at $70 as Selling Pressure Builds
WTI crude oil prices pulled back after hitting a two-and-half year high of $69.97. Investors are assessing a rosy demand outlook, the ongoing pandemic and the resumption of Iran nuclear talks this ...
Gold Prices Retreat as Janet Yellen Backs Biden Stimulus, Higher Interest Rates
Gold prices retreated Monday after Janet Yellen showed her support for Biden’s spending plans and welcomed a “slightly higher” interest rate environment. Real yield edged higher, weighing on bullion.
Dow Jones, Hang Seng, ASX 200 Outlook: NFP Miss Buoys Stocks and Bullion
Wall Street stocks rebounded as a slight miss in nonfarm payrolls data alleviated Fed tapering fears. Falling yields and a weaker US Dollar boosted gold and crude oil prices. APAC markets opened hi...
Australian Dollar Analysis: AUD/USD to Rise on Chinese Trade Data?
The commodity-linked Australian Dollar may look to run higher if Chinese trade data impresses after Australia's Ai Group Services Index posted an expansion for May.