British Pound (GBP) Price Outlook: GBP/USD Edging Higher Ahead of BoE
GBP/USD is extending its recent advance that began two weeks ago, and will likely challenge the 1.40 level if the Bank of England hints at tighter monetary policy Thursday.
US Dollar at the Mercy of Economic Data, ADP Jobs Report in View
The US Dollar faces closely-watched economic data as the markets try to discern whether the Fed can make a case for scaling back stimulus. The ADP jobs report is next ahead.
Crude Oil Prices Eyeing $70 Amid Viral Concerns, Small Stockpiles Draw
WTI crude oil prices are hovering below $71/bbl as traders mull the Covid-19 flareup around the world and its ramifications for energy demand. API reported a smaller-than-expected draw in crude inv...
Natural Gas Outlook: Warms Conditions Persist in the US and Europe, Gains Ahead?
Natural gas continues to look higher, as hot weather and drought conditions across the United States and Europe, help fuel the already strong demand narrative for the commodity.
Dow Jones Rebound May Lift APAC Stocks, Alibaba Earnings Miss
Wall Street stocks ended higher on Tuesday amid robust US earnings and infrastructure hopes. Asia-Pacific markets followed higher on Wednesday despite regulatory concerns and Alibaba’s earnings miss.
AUD/USD Analysis: Aussie Dollar Points Higher After Strong Chinese PMI Data
AUD/USD has been under pressure of late due to Covid lockdowns in Australia. Strong economic data from China may reverse that trend.
NZD/USD Wedge Breakout Back in Play on Stellar Q2 Jobs Report
The New Zealand Dollar is extending higher after a stellar second-quarter jobs report. China PMIs move into focus for today's Asia-Pacific session.
Canadian Dollar Outlook: USD/CAD Hinges on Oil & Yields
The Canadian Dollar is trading on its back foot again with USD/CAD rising 100-pips over the last three sessions. Crude oil and bond yields are poised to keep guiding USD/CAD price action.
Bitcoin (BTC/USD) Ether (ETH/USD)Forecast: Key Levels ahead of NFP’s
Bitcoin (BTC) prices fall back to $38,000 after failing to hold above the critical level of $42,000. What will this week hold for cryptocurrency
Bitcoin (BTC/USD), Ethereum (ETH/USD) Forecasts: Pause or Pullback?
Both Bitcoin and Ethereum recently rallied up to fresh two-month-highs before finding resistance. But are we seeing a mere pause in the trend or a legitimate pullback in the moves?