USD Uptrend Extends on GDP as GBP Suffers on Latest Brexit Woes
The US Dollar uptrend may extend after resistance was taken out on US GDP, Alphabet and Twitter earnings propelled the S&P 500 higher. GBP/USD is vulnerable to the latest Brexit woes.
US Dollar Seems to be Biased Upward on FOMC Rate Decision
The US Dollar seems more likely to rise than fall after the FOMC monetary policy announcement even as an interest rate cut is overwhelmingly expected.
US Dollar Turns to GDP Data & Fed Rate Cut Bets
With US GDP data on deck for Friday's trading session, forex market participants will likely scrutinize the report for insight into the Fed's upcoming policy decision and its impact on the US Dollar.
US Dollar, Stocks Eye Fed Financial Stress Test, Iran Tension
The US Dollar and stocks will be closely waiting for the results of the Feds annual bank stress test to see if underlying vulnerabilities are posing a systemic risk. US tensions with Iran are expected to escalate.
Canadian Dollar Price Outlook: Loonie Gains Slam USD/CAD into Support
An outside-weekly reversal in the Canadian Dollar cleared the monthly range last week. Here are the levels that matter on the USD/CAD price charts into the June close.
US Dollar Index Weekly Price Outlook: USD Collapse Searches Support
The US Dollar Index is poised to mark an outside-weekly reversal with price now challenging the June range low. These are the levels that matter on the DXY weekly chart.
Fed Fuels Gold & Currency Volatility Shockwave as USD Drops
In the aftermath of the Federal Reserve's latest dovish shift in monetary policy, what might spiking implied volatility measures suggest about the next direction in USD and gold prices？
Canadian Dollar Price Outlook: USD/CAD Recovery Eyes Trend Resistance
The US Dollar recovery has put Loonie on the defensive with price now approaching a key inflection zone. Here are the levels that matter on the USD/CAD price charts.
US Dollar Saved by Rising Support, GBP Plummets on Dismal UK Data
The US Dollar downtrend paused, saved by rising trend support, as Fed rate cut bets cooled on fading US-Mexico trade tensions. GBP sunk on largest contraction in manufacturing data since 2002.
US Dollar Fell on Mixed GDP, Crude Oil Prices at Uptrend Support
The US Dollar fell on mixed GDP data, crude oil prices dropped to uptrend support as Trump pressured OPEC to lower prices. Japanese markets are offline, offering less liquid conditions.
US Dollar Pares Early Losses Following March Fed Minutes Release
The US Dollar is rebounding higher in response to details found in the Federal Reserve's publication of its March FOMC meeting minutes.
Weekly Fundamental Forecast: Recession and Brexit Worries face QE and Trade Talk Hopes
Risk trends still have the fundamental winds to their back, and speculatively-dependent assets such as equities and commodities have benefited. Yet, the balance of power and themes into the second quarter looks far less convincing than how markets have performed. Trying to untangle trade wars and unequipped central banks ramping
US Dollar Down, S&P 500 Shows Weakness After Decidedly Dovish Fed
The US Dollar fell as the S&P 500 trimmed sharp gains on a more dovish Fed that downgraded economic projections and rate hike estimates. AUD/USD may rise on a rosy jobs report.
US Dollar Eyeing Breakout after Muted Action on Fed Chair Powell
The US Dollar is on the eve of a breakout to find its next path in the short-term after Fed Chair Jerome Powell couldnt offer
US Dollar Rally Resumes as S&P 500 Looks More at Risk to Reversal
US Dollar resumed rally as CPI report reduced dovish Fed policy bets, sapping upside potential from the S&P 500 which looks more vulnerable. Asia Pacific
ASEAN FX Eye Stock Losses, USD Gains. Crude Oil Fall May Boost PHP
Stocks look more vulnerable, opening the door to US Dollar gains versus ASEAN currencies. Sentiment-linked crude oil prices may fall with weak demand, benefiting the
Relatively Dovish Fed Catches US Dollar Off Guard, China PMI Next
An increasingly cautious and relatively dovish Fed sunk the US Dollar and bolstered the S&P 500 and Dow Jones. Softer Chinese Manufacturing PMI leaves AUD/USD,
US Dollar Tumbled as Haven Demand Ebbed, Asia Stocks May Climb
The US Dollar suffered as an improvement in sentiment sapped the appeal of haven assets. Nikkei 225 is still at risk to a bearish reversal