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21 May 2019

Gold Prices Probe Trend-Defining Chart Barrier, OECD Update Eyed

Gold prices have slumped back to support guiding their 9-month uptrend, with sellers eyeing a downbeat OECD economic outlook update for a potential catalyst.

21 May 2019

Post-Election AUDUSD Rebound Susceptible to Dovish RBA Minutes

The RBA Minutes may undermine the AUD/USD rebound following the Federal election if the central bank shows a greater willingness to further insulate the economy.

20 May 2019

Crude Oil Prices Up on US-Iran Strain, Yen Eyes Huawei Extension

Crude oil prices are eyeing resistance after US President Donald Trump reiterated threats on Iran. Meanwhile, the Yen is at risk as the US granted Huawei a 90-day temporary extension.

20 May 2019

FX Week Ahead - Top 5 Events: UK Inflation; Fed Minutes; ECB Minutes; Japan Inflation; US Durable Goods

The second to last week of May brings central banks and inflation data into focus.

20 May 2019

Top 5 Events: April UK Inflation & GBPJPY Price Forecast

The April UK Consumer Price Index is due on Wednesday, May 22 at 08:30 GMT.

20 May 2019

Canadian Dollar Weekly Price Outlook: Loonie Breakout Imminent

Loonie continues to trade within the confines of the monthly opening-range heading deep into May trade. These are the levels that matter on the USD/CAD weekly chart.

20 May 2019

Gold Price Breakout on Hold amid Return to Range; Gold Volatility Drops

After hitting a four-week high in early-May, Gold implied volatility has quickly slumped back towards its all-time low.

20 May 2019

US Dollar Price Action Setups After Last Week’s Bullish Barrage

The US Dollar had a very strong outing last week. Can buyers remain in-charge to push up to a fresh 2019 high?

20 May 2019

Weekly Trading Forecast: Trade War Sentiment Fluctuates Violently, Sabotages Risk Trends

While there has been plenty of discussion surrounding growth forecasts and political risks moving forward, the most active fundamental theme remains trade war developments. We had clear points of improvement on that front this past week with a delay in US auto tariffs and the lifting of metals import taxes to smooth the USMCA deal. That said, the souring mood between the US and China seemed to keep sentiment suppressed. Does this continue?

20 May 2019

AUD May Trim Election Gains as Yen Rebounds on Powell Speech

The Australian Dollar may trim gains scored courtesy of the federal election outcome while the anti-risk Yen gains as comments from Fed Chair Powell spook markets.