AUD/USD at 21-Month Swing High Despite Narrowing Trump-Biden Spread

AUD/USD is trading at a key inflection point, marked by the December 2018 swing-high. Could a narrowing Trump-Biden spread catalyze a pullback?
Source: News FX

VIX Index ‘Fear-Gauge’ Climbs as S&P 500 Surges to New Record

VIX Index ‘fear-gauge’ has conspicuously advanced alongside the S&P 500 over recent trading sessions as stocks push to new all-time highs into a period of seasonally elevated market volatility.
Source: News FX

Gold Price Forecast Remains Encouraging on Ever-Expanding Stimulus

The outlook for gold prices remains constructive as central banks give little indication that their efforts to revive their respective economies are near their end. Gold may benefit as a result.
Source: News FX

USD Price Action: US Dollar Tests Big Support – EUR/USD, GBP/USD

The US Dollar is starting off September with a support test at a major level, and this seems inextricably linked to EUR/USD testing 1.2000.
Source: News FX

Nasdaq 100 Price Gains Continue as Tesla Stock Soars Despite Bubble-Like Conditions

The Nasdaq 100 is driving higher again this week as exuberant stocks like Tesla help bolster the tech-heavy Nasdaq. That said, concern may be warranted as gains have become increasingly targeted.
Source: News FX

US Dollar Claws Back Losses on Solid Manufacturing PMI Data

The US Dollar is attempting to go green as USD price action leaps higher in response to the latest manufacturing PMI data released by the Institute of Supply Management, which topped market estimates.
Source: News FX

EUR/GBP Price Forecast: EURGBP Trades to 12 Week Low, Euro CPI data

The EUR/GBP pair has traded lower after failing to test the June high but there remain challenges to both currencies as Brexit talks stall.
Source: News FX

Trader Sentiment Data Send Bearish Signals on Stocks, Bullish Euro | Webinar

IG client positioning data are sending bearish signals on Wall Street and European stock markets but bullish signals on the Euro crosses.
Source: News FX

Euro Dollar Forecast: Bulls look to break above 1.200 as Euro Continues to Strengthen

US Dollar Weakness pushes EUR/USD RSI towards overbought territory.
Source: News FX

Gold Price Nears $2,000/oz. as the US Dollar Slumps, Retail Remain Long but Sentiment is Mixed

Gold opens the week on a positive note as the US dollar hits a 28-month low. Retail traders remain long of the precious metal but sentiment has turned mixed.
Source: News FX