Gold Price Forecast: XAU Bull Flag Breakout Begins to Pull Back
Gold prices put in a major breakout and, so far, haven’t looked back. Might a pullback be in order?
AUD/USD Remains Fragile as China Pressures Speculation in Iron Ore, Copper
AUD/USD may face further consolidation as metals face mounting pressure from Chinese regulators. April’s Westpac Leading Index is in focus.
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD
The US Dollar set a fresh four-month-low this morning, but some comments from Richard Clarida may have spooked bears.
NZD/USD Bolstered on Bitcoin Leading Sentiment Recovery, RBNZ in View
The New Zealand Dollar is riding higher following a sharp recovery in market sentiment, driven by gains in Bitcoin after comments from Elon Musk lifted the crypto market.
Canadian Dollar Forecast: USD/CAD Probes for Low, Loonie Levels
USD/CAD set a fresh seven-year-low last week, and then stalled. Is the prolonged bearish trend due a pullback?
Will the US Dollar, Top Markets Reveal Trend Tilt Amid News Lull?
The US Dollar, other top currencies, and key benchmarks – the Dow Jones, Nasdaq, Treasury bonds and gold – are left adrift by an empty economic docket. Where will they default?
NZD/USD May Struggle as Bitcoin Plunge Drags Market Sentiment, RBNZ in Focus
NZD/USD may be pressured if a volatile weekend for Bitcoin sours broader market sentiment. The RBNZ rate decision is in focus this week, following New Zealand retail sales data.
Australian Dollar Outlook: AUD/USD May Reverse Weekly Loss After Positive PMIs
The Australian Dollar is aiming higher on positive PMI figures despite a downbeat jobs report earlier in the week.
Dow Jones Marches Lower After FOMC Minutes, Sentiment Turns to AU Jobs Report
The Dow Jones extended losses seen earlier in the week following the FOMC Minutes. Market sentiment looks at tonight’s Australian jobs report.
US Dollar May Rise if FOMC Minutes Reveal Inflation Debate
The US Dollar may rise if minutes from April’s FOMC meeting reveal policymakers are debating whether the recent inflationary uptick will be lasting.