USD/JPY Rate Eyes Yearly High After Clearing August Opening Range
USD/JPY appears to be on track to test the yearly high (139.39) after clearing the opening range for August.
AUD/USD Buoyed After PBOC Action as Wall Street Stocks Sink
The risk-sensitive Australian Dollar held up fairly well against a US Dollar that surged amid a deep selloff on Wall Street.
S&P 500, Nasdaq, Dow Snap Back – Is the Party Over?
Sellers take control and U.S. stock indices fall to their lowest levels in two months.
Gold Price Forecast: Strong Dollar, Rising Yields Weigh – Levels for XAU/USD
Gold prices are being hampered by familiar foes.
FX Week Ahead – Top 5 Events: UK Manufacturing PMI; US Durable Goods Orders; German Ifo Business Climate; US PCE Index; Fed’s Jackson Hole
The last full week of August brings forth a US-centric economic calendar.
European Energy Prices Fueling British Pound, Euro Weakness
Both EUR/USD and GBP/USD rates hit fresh yearly lows today.
S&P 500 Continues to Retreat as Traders Await Jackson Hole Symposium
S&P 500 starts the week under pressure as downside momentum persists.
Crude Oil Technical Analysis: WTI Falling Wedge – Can Bulls Force a Reversal
Crude oil prices continue hold support at a key spot on the chart and there's reversal potential given the build of a falling wedge formation.
DAX 40, FTSE 100 & DJI Slammed by Resistance After Rocky Start
Major stock indices are off to a rocky start as risk assets remain vulnerable to changes in sentiment. DAX, FTSE and DJI all face an uphill battle towards Jackson hole.
Euro Price Action Setups: EUR/USD Persistence, EUR/JPY Resistance
Euro bears are giving it another go, pushing EURUSD back-below the parity handle. The big question now is how far they can drive the pair?