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Forex

S&P 500, Nasdaq 100 Under Pressure as Weak Chinese Retail Sales Data Weighs on Sentiment

Posted by By 16/05/2022Posted inForex
Stocks remain under pressure as risk appetite cools off to start the week.
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USD/CAD Wavers at Support, Canadian Dollar Outlook Hinges on Market Sentiment

Posted by By 16/05/2022Posted inForex
Despite its strong fundamentals, the Canadian dollar has weakened sharply against the U.S. dollar since early April, but the trend could reverse if market sentiment improves.
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Markets Week Ahead: Dow Jones, US Dollar, Oil, GBP/USD, AUD/USD

Posted by By 16/05/2022Posted inForex
Risk assets climbed going into the weekend, but it wasn't enough to pull major US indexes into positive territory. Traders are watching the wires for further clues on inflation and…
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Gold Price Forecast: XAU/USD at Risk as USD and Inflation Soars

Posted by By 16/05/2022Posted inForex
Gold remains susceptible on the back of higher-than-expected inflation data last week. The strong dollar, rising inflation and a motivated Fed pose threats to gold
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EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since May 05, 2022 when EUR/GBP traded near 0.85.

Posted by By 16/05/2022Posted inForex
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading bias.
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Euro Breaking News: European Commission Spring Forecast Buoys EUR/USD

Posted by By 16/05/2022Posted inForex
EUR/USD got a much needed reprieve this morning from both the European Commissions 2022 spring forecast as well as hawkish comments from the ECB’s Villeroy.
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British Pound Latest: Will GBP/USD Test 1.2000?

Posted by By 16/05/2022Posted inForex
The British Pound remains under pressure ahead of the release of important UK jobs and inflation data over the next couple of days.
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Crude Oil Prices Balk at Recent Highs After Risk Sentiment Turns. Where To from Here?

Posted by By 16/05/2022Posted inForex
Crude oil prices remain elevated, providing Saudi Aramco with record profits as markets digest evidence of a slowing Chinese economy.
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Australian Dollar Under Pressure on China Activity Data Miss. Where to for AUD/USD?

Posted by By 16/05/2022Posted inForex
The Australian Dollar could be vulnerable after China’s industrial production and retail sales data disappointed. Will AUD/USD recover recent loses?
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Markets Week Ahead: Dow Jones, US Dollar, Oil, GBP/USD, AUD/USD

Posted by By 15/05/2022Posted inForex
Risk assets climbed going into the weekend, but it wasn't enough to pull major US indexes into positive territory. Traders are watching the wires for further clues on inflation and…
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