USD/CHF, USD/SEK Lose 2021 Uptrends; USD/NOK Retains Bear Flag Breakout Posture
The US Dollar continues to struggle against a basket of European currencies.
Gold Price Approaches 200-Day SMA for First Time Since February
The price of gold appears to be on track to test the 200-Day SMA ($1851) for the first time since February after establishing a double-bottom formation in March.
Markets Week Ahead: Gold, EUR/USD, S&P 500, FTSE 100, Inflation, Sentiment
Global markets were relatively calm this past week, but big ticket items like inflation, retail sales, and consumer sentiment data have potential to ignite volatility. Where is gold, EUR/USD, S&P 5...
USD/CAD Price Falls Further, Multi-Year Low Nears
USD/CAD is fast approaching lows last seen in September 2017 and there is little in the way of support to stop the pair from going sub-1.2000
Altcoins Surge as Bitcoin Falls Behind - Ethereum at New Record High, Dogecoin Attempts to Recover from SNL
Altcoins build on Bitcoin weakness, Ethereum keeps up strong momentum
As a New Retail Trader Age Rises, Heed Tales of Past Manias
In spring 2020, the temporary closures of professional sports leagues during the initial coronavirus pandemic lockdown anointed a new class of retail traders in financial markets.
British Pound (GBP) Outlook: GBP/USD, FTSE 100 Power Ahead as UK Re-Opening Continues
Fresh from a strong set of UK election results, UK PM Boris Johnson will outline further plans for re-opening the UK economy later today.
Mexican Peso Weekly Forecast: NFP Miss Helps USD/MXN Break Lower, Banxico Meeting in Focus
USD/MXN breaks below the 20 pesos mark as disappointing NFP figures cause the Dollar to dip
Crude Oil Prices Climb on Major US Pipeline Disruptions, Weaker USD
Crude oil prices climbed during Monday’s Asia-Pacific session as a cyberattack on the largest US oil pipeline raised concerns about a near-term supply shortage. A weaker US Dollar also buoyed commo...
Gold Prices at 3-Month High amid USD Weakness after Big NFP Miss
Gold prices surged to a 3-month high as the DXY US Dollar index fell to a 10-week low. April’s nonfarm payrolls report came far below market expectations, cooling fears about tapering Fed stimulus.