USD/JPY Hits Session Low as ISM Manufacturing Misses Forecast
USD/JPY price action is extending its slide to session lows as US Dollar bears look to unwind last week's rally on the back of disappointing ISM manufacturing PMI data just released.
Why Elon Musk Backs Copper? The Metal of the Future
As the world shifts toward a new age that incorporates environmentally friendly technology, copper has risen to the to of the metals chart with Tesla's Elon Musk at the forefront.
US Dollar Price Forecast: Sell-in May Dynamic Could Drive DXY Higher
The haven-associated US Dollar may continue to gain ground against its major counterparts on the back of seasonal dynamics and robust economic data.
US Dollar Price Forecast: Sell-in May Dynamic Could Drive DXY Higher
The haven-associated US Dollar may continue to gain ground against its major counterparts on the back of seasonal dynamics and robust economic data.
Crude Oil Prices Consolidate as Demand from Japan and India Falls
Crude oil prices extended lower as the US Dollar climbed during Monday’s APAC session. The energy demand outlook is weighed by lower oil consumptions from Japan and India due to viral resurgence.
Gold Prices Forecast: Hawkish Fed Comments May Cloud the Outlook
Robust US data and a Fed official’s hawkish comments may hinder upside potential for gold as traders weigh tapering risks. The US Dollar index may reverse its downward trajectory after Friday’s surge.
US Dollar Forecast: Busy Week Ahead for IDR, THB, SGD and PHP as NFPs Near
The US Dollar still remains under pressure against most ASEAN currencies heading into May. A busy week awaits the Indonesian Rupiah, Thai Baht, Philippine Peso and Singapore Dollar.
Dow Jones, Hang Seng, ASX 200 Outlook: Fed Tapering Fear Weighs on Markets
Stocks on Wall Street closed broadly lower on Friday as investors assessed lofty stock market valuations and hawkish Fed commentary. Chinese and Japanese markets are shut for holidays.
Why Most Traders Fail and How to Increase Trading Success
Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.
Australian Dollar Forecast: AUD/NZD Tracks Higher as Economic Data Looms
AUD/NZD is tracking higher within a bullish technical pattern, but fundamental factors this week will likely drive Australian Dollar action.