Gold Price Outlook: XAU/USD Consolidating Ahead of Day 4 of RNC

Gold price consolidation may accelerate to support after President Donald Trump’s speech at the last night of the National Republican Convention.
Source: News FX

Australian Dollar Forecast: AUD/USD, AUD/JPY Ponder Topside Breaks

The Australian Dollar looks to be on the verge of a bullish break higher in both AUD/USD and AUD/JPY. That said, technical hurdles to a potential breakthrough still exist.
Source: News FX

Copper Price Outlook: Prices Supported by Outsized Market Imbalances

The COVID-19 pandemic sent copper tumbling earlier this year, but now effects from the pandemic have created outsized imbalances in the market, helping to propel copper to multi-year highs
Source: News FX

VIX Index Jumps, US Dollar & Treasury Yields Spike Post-Powell

The VIX Index ‘fear-gauge’ turns conspicuously higher even as the stock market prints back-to-back record closes. Expected volatility appears on the rise with the US Dollar and Treasury Yields in t…
Source: News FX

Nasdaq 100 Forecast: Fed's Powell May Usher in Lower Rates for Longer

The Nasdaq 100 and its components might enjoy a boost from a longer period of lower interest rates after a policy shift was announced at the Jackson Hole symposium.
Source: News FX

US Dollar Price Action: USD Bears Whiplashed by Dollar Reversal

A fast and aggressive move showed this morning on the open of the Jackson Hole Economic Symposium, and the US Dollar put in a strong reversal.
Source: News FX

Gold & USD Whipsaw as Fed Announces Average Inflation Targeting

Gold price action snapped higher and USD/JPY took a nosedive in the immediate response to news out of the Jackson Hole Symposium that the Fed will shift policy to average inflation targeting.�
Source: News FX

Euro Dollar Outlook: EUR/USD Flirts With Fibonacci Ahead of Key Economic Event

After four months of gains for the EUR/USD, price action stalls at key Fibonacci support
Source: News FX

Gold Price Bounces Off Support, Volatility Picks-Up as Markets Wait for Fed Chair Powell's Speech

Gold (XAU) continues to respect the short-term supportive trend but Fed chair Jerome Powell's speech later may rattle an expectant market.
Source: News FX

British Pound Latest (GBP) – GBP/USD Eyes Fed Powell, EUR/GBP Upside Risks

The Pound is slightly better bid this morning despite negative EU-UK trade headlines. All eyes on Powell.
Source: News FX