The single currency is barely changed after the release of the latest ECB minutes showed that a majority of members agreed with a 50bp rate hike, although others preferred to…
A combination of relative dollar strength and tightening financial and credit conditions currently weigh on oil prices as global demand is brought into question
Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current Silver price trend may soon reverse higher despite the fact…
The New Zealand dollar has fallen sharply against the US dollar following a softer-than-expected inflation reading. However, relative monetary policy outlooks and technical charts suggest further downside in NZD/USD could…
The euro’s rally against the US dollar could be stalling as it runs into a stiff hurdle even as expectations for further tightening by the European Central Bank (ECB) grow.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias.
Natural gas prices concluded the longest winning streak since the end of February as the 50-day SMA maintained the downside focus. A Rising Wedge breakout is in play on the…
GBP/USD rises, but bullish momentum wanes as prices approach cluster resistance. Meanwhile, USD/JPY extends its advance after clearing a key trendline late last week.