USD/ZAR Latest: Global Factors Dictating the South African Rand

With the USD/ZAR consolidating, it is only a matter of time before the pair receives the required fundamental catalyst to give traders directional bias
Source: News FX

New Zealand Dollar Forecast: NZD/USD, NZD/CAD Pressured by RBNZ Doves

NZD continues underperform as RBNZ doves maintain pressure on the currency.
Source: News FX

EU Stoxx 50 Index May Slide Lower on Disappointing GDP, Employment Data

The EU Stoxx 50 index is at risk of a near-term pull back ahead of the Euro-area’s upcoming second-quarter GDP release.
Source: News FX

Gold Prices May Resume Selloff After Digesting Largest Drop in 7 Years

Gold prices might face renewed selling pressure after pausing to digest the biggest one-day drop in over seven years. Crude oil prices appear vulnerable as well.
Source: News FX

Crude Oil Prices Brace for Impact with US-Iran Tensions Brewing

Crude oil prices may rise if renewed US-Iran tensions stoke supply-disruptions fears – but will that be enough to sustainably offset OPEC disengagement and push Brent higher?
Source: News FX

Australian Dollar Dips Lower Despite Better-Than-Expected Employment Data

The Australian Dollar initially climbed higher before stumbling at session-highs, despite positive Australian jobs data.
Source: News FX

Hang Seng Gains Before US-China Talks, Gold Prices Stabilize

The Hang Seng Index surged for a second day ahead of the review of the US-China phase one trade deal. Treasuries fell on rising inflation expectations.
Source: News FX

Canadian Dollar Forecast: Bond Yields Sink USD/CAD, TSX Eyes March High

The Canadian Dollar gained with government bond yields, might USD/CAD find its way to current 2020 lows? Canada’s benchmark stock index, the TSX Composite, faces the March high.
Source: News FX

Australian Dollar Eyes Jobs Data After S&P 500 Touched All-Time High

Australian Dollar traders will have their eye on local jobs data. AUD and commodity-linked currencies may be boosted by strong risk appetite after a buoyant day on Wall Street trade.
Source: News FX

AUD/USD & ASX 200 Forecast: Can Aussie Stocks Break Higher?

The ASX 200 has encountered robust resistance around the 6,185 mark while AUD/USD looks to continue its upward journey. Still, shifts in risk appetite leave both markets on precarious footing.
Source: News FX