Dow Jones, Crude Oil and Energy Stocks Gain on OPEC+ Deal Struggle Prior to NFPs
The Dow Jones climbed as energy stocks and crude oil prices outperformed as OPEC+ members struggled to achieve a deal. The ASX 200 is looking wobbly ahead of key US…
AUD/USD Hits Fresh Multi-Month Low as Delta Variant Worries Accelerate
The Australian Dollar extended its fall against the US Dollar as the Covid Delta variant weighed against the chance for a clean economic recovery.
US Dollar Forecast: NFP Preview with Fed Policy & Market Impact
The DXY Index is hitting fresh 12-week highs with the US Dollar strengthening broadly headed into Friday's release of nonfarm payrolls data. How will the NFP report impact Fed policy…
Covid Virus Risks Weigh on Latam FX; USD/BRL and USD/MXN Spike Higher
Latin American currencies weaken on coronavirus risks, with the Brazilian real leading losses and falling sharply against the U.S. dollar at the start of the new month.
S&P 500 Forecast for the Week Ahead: The Summer Doldrums Drag On
The effects of seasonality are in full swing as the summer doldrums see volume and volatility dry up and price action constrict to culminate in tiny daily trading ranges. History…
Euro Technical Analysis: EUR/GBP, EUR/JPY, EUR/USD Rates Outlook
The Euro isn’t in good shape versus the US Dollar, but looks on much better footing versus the British Pound and the Japanese Yen.
Japanese Yen Forecast: USD/JPY Breakout Targets Critical Resistance
The USD/JPY breakout has ripped into key resistance at fresh yearly highs heading into the July / 3Q open. The levels that matter on the weekly technical chart.
Gold Price Forecast: Is the Bullish Trend Dead and Done?
Gold prices just finished their worst month since November of 2016, and after that instance, the FOMC hiked rates eight times over the next two years. Are Gold bears telling…
How to Research Stocks: A Step by Step Guide
Do you know how to research stocks? Keep reading for insights and tools to supplement your stock investing strategy.
USD/CAD Rebound Unravels Ahead of US Non-Farm Payrolls (NFP) Report
The recent rebound in USD/CAD appears to be stalling ahead of the US NFP Report as it struggles to extend the series of higher highs and lows from earlier this…