Top 5 Events: May US Jobs Report (NFP) & USDJPY Price Forecast
The May US Change in Nonfarm Payrolls report is due on Friday at 12:30 GMT.
Gold Forecast - Will Feds Powell Fuel Another Gold Price Surge？
Gold continues its recent rally, but momentum is slowing as resistance levels near. Will commentary from Fed Chair Jerome Powell reignite the recent surge higher.
Gold Price Forecast - Will Feds Powell Fuel Another Gold Surge？
Gold continues its recent rally, but momentum is slowing as resistance levels near. Will commentary from Fed Chair Jerome Powell reignite the recent surge higher.
Gold Prices Eye ISM Data as USD Weighs Fed Outlook, Haven Demand
Gold prices scope to build on recent gains hinges on the Dollar as it weighs conflicting cues from Fed rate cut bets and haven demand. Manufacturing ISM data is in focus next.
Gold Prices May Break Key Support as US Dollar Reclaims Haven Bid
Gold prices fell as the US Dollar regained support from haven-seeking capital flows after a brief lapse. More of the same may see the metal break nine-month trend support.
Crude Oil Prices at Risk as EU Mulls New Leadership, Italy Budget
Crude oil prices may succumb alongside broader market sentiment if commentary out of an EU leaders summit spooks investors and inspires anti-risk liquidation.
US Dollar (DXY) Soft Ahead of US Durable Goods Data
The US dollar basket (DXY) slipped lower Thursday after a weak set of US PMI readings. Ahead the first look at US durable goods which is expected to show a sharp decrease from last months multi-month high.
US Dollar Steadies as May FOMC Minutes Detail “Patient” Approach
The May FOMC minutes detailed a reserved conversation among policymakers who believed that patience on rates would be appropriate for the foreseeable future.
Gold Prices May Drop as FOMC Minutes Cool Rate Cut Speculation
Gold prices may fall as minutes from Mays FOMC monetary policy meeting cool interest rate cut speculation and offer a boost to the US Dollar.
Australian Dollar May Extend Drop as Yen Gains on OECD Outlook
The Australian Dollar may continue to fall after a bruising Asia Pacific trading session as a downbeat OECD economic forecast update spooks risk appetite.
US Dollar Price Action Setups After Last Weeks 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？
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.
US Dollar Rally Needs a Fresh Boost From US Payrolls Report (NFPs)
The US dollar is trading near its recent 2-year high on the back of a ‘wait-and-see’ FOMC outlook and supportive US Treasury yield differentials. A strong US payrolls report will be needed to drive the greenback to a fresh high.
Yen and Dollar May Rise as Stocks Fall on US Jobs Data
The Yen and Dollar may rise as stocks drop, triggering a break of key support for the bellwether S&P 500 index, if Aprils US employment data falls short of expectations.
Gold Prices May Break 9-Month Uptrend on US Jobs Report
Gold prices may break below chart support guiding the nine-month uptrend as the Dollar rises in the wake of Aprils US jobs data.
Crude Oil Prices May Break 2019 Uptrend on Global Slowdown Fears
Crude oil prices may break chart support guiding the uptrend since the beginning of the year as fears about slowing global economic growth sour market sentiment.
Top 5 Events: April US Nonfarm Payrolls & EURUSD Price Forecast
The April US Change in Nonfarm Payrolls report is due on Friday at 12:30 GMT.
Gold Prices Surge on US GDP Data, Chart Still Warns of Topping
Gold prices surged as US GDP data drove Treasury bond yields and the Dollar lower. Chart positioning still hints a major top has been established however.
US Dollar Price Outlook: USD Holding at Fresh Highs, Bend or Break？
The US Dollar broke above the triangle formation this week, but next week's economic calendar is loaded with risk items, including FOMC: Time to make or break.
Gold, Crude Oil Prices at the Mercy of Corporate Earnings Flow
Gold and crude oil price action is likely to reflect the response of broad-based market sentiment trends to an incoming flood of first-quarter corporate earnings reports.