Financial news

NZD/USD may consolidate ahead of the Federal Reserve Minutes if former support now acts as resistance.

The Moving Average is a popular indicator used by forex traders to identify trends. Learn how to use and interpret moving averages in technical analysis.

If risk aversion sidles in, it would likely see USD/JPY decline. After a pandemic-based hiatus, the US and China seem to be picking back up their multi-faceted dispute which steers back to economic...

The S&P 500 index is riding an ascending trend higher and may attempt to challenge a psychological resistance level at 4,000 (the 100% Fibonacci extension of the past year’s first phase rally).

S&P 500 futures are popping higher and US Dollar strength looks likely to persist on the heels of the latest nonfarm payrolls report, which just crushed market forecast with 916,000 job gains.

The key question for EUR/USD traders looking at the second quarter of 2021 is whether the steep decline in the pair in the first quarter will reverse in Q2, and the answer is quite possibly yes.

As financial conditions remain loose with central banks keeping monetary policy expansive, upside in global bond yields remain capped and thus provides a supportive outlook for precious metals.

The ASX 200 has underperformed its major global counterparts despite climbing as much as 41% from the March low

Federal Reserve Chair Jerome Powell’s weekend commentary may also have helped. He was keen to point out that in his view the Fed still has plenty of stimulative monetary options and is not, out of ammunition.

The British Pound may suffer as the UK faces internal political fragmentation following Prime Minister Boris Johnson’s announcement of easing lockdown measures.