U.S. Manufacturing Cools but Stays on Growth Path, Dollar Ticks Higher as NFP Comes in Focus
June ISM manufacturing slides to from 60.6 from 61.2, but manages to grow at a robust pace for the 13th consecutive month, lifting the U.S. dollar.
DAX & CAC 40 Technical Outlook: Toeing the Line
The DAX and CAC continue to lean on trend-line support; a breakdown may be nearing.
Japanese Yen Outlook: New Highs as USD/JPY Breaks Key Resistance
USD/JPY surges to fresh 2021 highs as global factors back U.S. dollar strength but can this hold with key economic risk events on the horizon?
Breaking: Oil Prices Jump as OPEC+ Agree Oil Production Increase
Oil prices jump as Saudi Arabia and Russia reportedly agree oil production boost
Bitcoin (BTC), Ethereum (ETH) Remain Choppy, Hedge Funds Embrace Cryptocurrencies
The cryptocurrency market remains trapped in a choppy, sideways range despite further adoption by some high profile hedge funds
Euro Outlook: EUR/USD Bears Are in Control as Euro Looks Vulnerable
Euro traders lose ground as focus shifts to US NFP figures out on Friday
British Pound (GBP) Price Outlook: Downside Momentum Builds for GBP/USD
GBP/USD remains under downward pressure, close to the support line of a bearish descending triangle pattern on the charts.
Gold Price Drop May Resume as ISM Data Beckons Fed Action
Gold prices may face renewed selling pressure if the ISM manufacturing survey flags swelling price pressure, beckoning the Federal Reserve to begin scaling back stimulus.
New Zealand Dollar Outlook, Losses to Resume? NZD/USD, NZD/JPY and NZD/CAD
The New Zealand Dollar may be readying to resume losses against the US Dollar after a Dead Cat Bounce. NZD/JPY and NZD/CAD trade lower, with both pairs facing key wedge…
Crude Oil Forecast: OPEC+ in Focus as 3-Month Price Rally Looks to Extend into July
Crude oil prices ended June with a 10.78% gain as the global economic recovery chugged along, aided by a disciplined OPEC+ group. Thursday's meeting will likely set the tone for…