Commodities

US Dollar May Rise On FOMC, Virus-Shaken US GDP Data

The US Dollar may rise if the FOMC rate decision and US GDP data put a premium on haven-linked assets amid concerns of a... Read more

Canadian Dollar Price Outlook: USD/CAD Snaps Back, Will Bears React?

USD/CAD fell back-below the 1.4000 marker this morning, and has since checked back to prior support for potential resist... Read more

US Dollar May Gain From Risk Aversion If Confidence Data Sours Sentiment

The US Dollar may rise if consumer confidence data reveals how severely the coronavirus pandemic has infected the optimi... Read more

Gold Price Outlook: XAU Confluent Support - FOMC, ECB On The Docket

Gold prices have put in some big moves after a near-15% drop in March led into a 20% rally up to fresh seven-year-highs ... Read more

US Dollar Drop Before FOMC Meeting May Not Last

The US Dollar faces strong selling pressure as the markets hope for more stimulus at this week’s FOMC meeting. They ma... Read more

Euro May Fall On German IFO Data After Dismal PMI Cascade

The Euro may extend its decline versus the US Dollar if German IFO data amplifies a selloff in EUR/USD after the Eurozon... Read more

Australian Dollar Stalled As Gilead Virus Drug Trial Disappointed

The Australian Dollar stalled as AUD/USD got caught in resistance after Gilead Sciences coronavirus drug trial disappoin... Read more

Australian Dollar Price Analysis: Can AUD/USD Bulls Take On .6500?

AUD/USD has rallied by more than 800 pips in a little more than a month, coming in stark contrast to the bearish theme t... Read more

Euro Volatility Likely On EU Leaders Summit, Markit PMI Data

The Euro may experience higher-than-usual volatility ahead of the release of preliminary Markit PMI data for April again... Read more

Euro Fell, US Dollar May Rise If Asia Stocks Look Past Wall Street

The Euro sank ahead of today’s EU summit giving the US Dollar a window of opportunity to trim losses despite gains on ... Read more

US Dollar Two-Week-High, EUR/USD Support Test - FOMC, ECB Next Week

Currency markets have shown some element of calm after an outsized rush of volatility in March. The FOMC and the ECB are... Read more

US Dollar May Resume Rise As Covid-19 Darkens Earnings Outlook

The US Dollar is on the defensive as sentiment improves across global financial markets. Incoming corporate earnings rep... Read more

US Dollar May Rise With Yen, Wall Street Follows Crude Oil Drop

The US Dollar gained alongside the Japanese Yen and may continue doing so after taking out resistance. Wall Street suffe... Read more

Dow, S&P 500 Bears Re-Emerge: Is Another Major Sell-Off On The Way?

It's been almost a month since the lows were set but bears have made a stark reappearance this week. Read more

EUR/USD May Fall If German ZEW Data Triggers Euro Selloff

The Euro may fall vs the US Dollar if German ZEW data amplifies risk aversion in virus-shaken markets as European invest... Read more