EUR/USD Eyes February High Again as Dovish Fed Rhetoric Persists
EUR/USD may stage another attempt to test the February high (1.2243) as a growing number of Federal Reserve officials warn of a transitory rise in inflation.
How to Start Forex Trading in 7 Steps
Forex, also known as foreign exchange or FX trading, is the conversion of one currency into another. Learn more about what Forex is, how it works and how it compares…
Canadian Dollar Forecast: USD/CAD Seven-Week Plunge Searches Support
Canadian Dollar breakout enters week-seven as USD/CAD plunges into support at fresh multi-year lows. The technical levels that matter on the Loonie weekly chart.
Gold Price Forecast: Gold Breaks Bull Flag – Can Buyers Maintain?
Gold prices have jumped to a fresh three-month-high, breaking above resistance from a bull flag formation.
USD/JPY Mirrors Decline in US Treasury Yields Ahead of FOMC Minutes
USD/JPY continues to pullback from the monthly high (109.79) ahead of the FOMC Minutes to largely mirror the recent weakness in longer-dated US Treasury yields.
Markets Week Ahead: Dow Jones, Gold, Bitcoin, US Dollar, Still Dovish Fed, FOMC Minutes
The Dow Jones wobbled as the US Dollar gained after a temporary burst of risk aversion. Sentiment seems to be on the mend. Gold and crude oil prices appear to…
USD Technical Analysis: DXY Poised to Hit Yearly Low or Worse
The DXY continues to trend lower since peaking last month; Feb and Jan lows eyed before 2015 levels come into play.
US Dollar Selling Persists, CAD Bulls Largest Since Late 2019 – COT Report
US Dollar selling shows little signs of easing. GBP & CAD inflows the key drivers.
Why a Rise in Retail Trading May Signal Another Mania
The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.
British Pound (GBP) Outlook – GBP/USD Braced as UK Re-Opening Continues
Nearly 70% of the adult population have had at least one covid-19 jab as the UK continues to re-open, boosting hopes of a stronger economic rebound.