Forex

The seemingly unstoppable rally in US stocks may have more room to go before time is ripe for a correction. The reflation trade appears to be gaining traction, but overstretched…

The US Dollar closed modestly higher this past week with the broader DXY Index notching a 0.2% gain as EUR/USD and GBP/USD struggled to sustain upward momentum.

The strong downtrend in USD/MXN has stagnated in recent weeks as bearish momentum eases.

British Pound snapped a three week-winning streak with the Sterling rally stalling at technical resistance. Here are the levels that matter on the GBP/USD weekly chart.

Trader confidence has been boosted by the US Democrats winning control of the Senate, suggesting further flows out of the safe-haven US Dollar into ‘risk-on’ currencies such as the Euro.

Strong start to 2021 as crude oil soars on Saudi surprise and market melt-up.

The price of gold tumbles to a fresh weekly low ($1834), with the weakness in bullion largely coinciding with the recent spike in US Treasury yields.

Stocks pushed to new heights last week as they creep into overbought territory after more than two months of essentially continuous gains. Can they continue to push higher despite running…

Crude oil prices may extend gains after Saudi Arabia unexpectedly cut production ahead of the monthly OPEC outlook report. US fiscal stimulus bets may also underpin WTI.

The EUR/USD is trending higher, but momentum has waned; still giving it the benefit of the doubt, but keep a watchful eye on the channel.