Forex News and Market Analysis
Forex Signals Brief for Apr 6: The US to Face a ‘Tough Fortnight’
The week ahead looks like it could get messy in the US, particularly as President Trump has suggested the US faces a rough two weeks ahead. Full Article
Is the AUD Set for a Turn Around?
Asian markets have opened the week relatively flat after the weekend didn't bring about too many negative headlines. That made for a nice ch Full Article
The Oil War Is Not Over, Watch Out For A Big Gap on Monday Open
Crude Oil made a strong bullish reversal in the last 2 days, but we might see a bearish gap on Monday, after postponing the OPEC+ meeting Full Article
2020 Lows Back In View For The EUR/USD
At this point, it’s difficult to bet against the Greenback. However, if we see the EUR/USD continue to fall, a long trade may set up. Full Article
This Year Started Good For Retail Sales in the Eurozone, Too Bad It Won’t Last
Retail sales were looking pretty good in January and February in the Eurozone. but they will turn negative in March Full Article
Oil Sector Rally Propping Up The U.S. Indices
For now, hopes regarding Russia/Saudi production cuts are propping May WTI crude oil up above $25.00 and keeping U.S. stocks from plunging. Full Article
GBP/USD Continues to Trade in the Range, After Bouncing Off the 100 SMA
GBP/USD failed to break above 1.25 yesterday for the third time and now it is testing the bottom of the range Full Article
US Dollar Likely to Continue Trading Strong: Reuters Poll
A recent Reuters poll reveals that the US dollar could continue to trade strong against other leading currencies as a preferred safe haven.. Full Article
The Unemployment Rate Jumps in the US, While Employment Crashes
US unemployment rate jumped 9 points higher in March, as the economy shut down Full Article
Japan’s Household Spending, Machinery Orders Set to Decline
A recent Reuters poll indicates that household spending among Japanese consumers could have declined for the fifth consecutive month.. Full Article
EUR/GBP Reverses at the 50 SMA Again
EUR/GBP retraced higher today, but the 50 SMA stopped the climb once again on the H1 chart Full Article
GBP/USD to Recover Some Losses in a Year, But Outlook Weakens Since Last Month
Economists polled by Reuters expect the British pound to recover some of its recent losses against the US dollar in a year's time, but the.. Full Article
US Unemployment Claims Raise to Record Levels
Unemployment claims jumped higher in last week's report and they came in twice as high today for last week Full Article
Ireland’s Services Sector Contracts at Fastest Pace on Record
Ireland's services sector activity contracted at the fastest pace ever recorded in the month of March, heightening the risk of a recession Full Article
US Factory Orders Stall in February, Business Conditions Deteriorate in March
Factory orders were already weak in the US, now they should post some major decline in March, but let's look at February first Full Article
Crude Oil’s Bullish Bias Continues to Dominate the Market – Who’s Up for Buying?
WTI crude oil prices dropped after jumped almost 25% in the last session as traders are seemed cautious about a U.S.-mediated truce... Full Article
China’s Services Sector Activity Improves, But Still in Contraction
Chinese services sector witnessed a slight improvement during March from the previous month, but remained in contraction as a result of the Full Article
Japan’s Services Sector Contracts at Sharp Rate Over Weakening Demand
The services sector in Japan witnessed the fastest contraction during March seen since the 2008-09 financial crisis as global demand took a Full Article
List of US Companies Releasing Earnings (EPS) Today
US stocks rose Thursday on a sign of a possible softening in the oil price war between Saudi Arabia and Russia, fueling hopes for the energy Full Article
US Dollar Set for Around 2% Weekly Gain
The US dollar is still trading strong against its major peers over increased demand as a safe haven amid mounting uncertainty surrounding.. Full Article
