Daily Forex News

USD/JPY Bearish Behavior Persists Ahead of Fed Economic Symposium

USD/JPY stands at risk of extending the decline from earlier this month as market participants scale back bets for three Fed rate-hikes in 2017.

Brexit Briefing: GBP Shrugs Off Latest UK Position Papers

After its heavy losses earlier this month, GBPUSD has stabilized as the latest UK Government Brexit position papers have no discernible market impact.

Will the U.S. Dollar Find a Spark of Strength at Jackson Hole?

The big item on the calendar for this week is the Jackson Hole Economic Symposium, and last year’s event sparked a run of strength in the Dollar. Might we be heading for another USD-reversal around Jackson Hole?

Euro, US Dollar Set for Important Week with Jackson Hole in Sight

The DXY Index continues to ride its August uptrend, but has yet to break through key resistance before we can say that a bottom has been established.

Yen Aims Higher as Market Sentiment Sours Anew

The Japanese Yen is aiming higher as market-wide sentiment sours anew but political volatility in the US may yet stoke seesaw price swings across the asset universe.

Gold Prices Rejected at 8-Month High, Jackson Hole in Focus

Gold prices were rejected lower after touching an eight-month high, with all eyes now focused on the Fed policy conference in Jackson Hole, Wyoming due late in week.

Euro Vulnerable if ECB’s Draghi Disappoints at Jackson Hole

ECB President Draghi’s highly anticipated speech at the Jackson Hole Economic Symposium could leave Euro bulls disappointed – a classic case of ‘buy the rumor, sell the news.’

Weekly Trading Forecast: All Eyes on Jackson Hole Symposium

Financial markets may be singularly focused on the Fed’s annual conference in Jackson Hole, Wyoming amid a lull in top-tier data flow but politics remain a wildcard.

Crude Oil Between A Shale Rock And A Hard Place On Third Weekly Decline

WTI Crude Oil ended the week with a strong rebound and hope remains for Bulls when looking at the physical market demand despite falling for the third week on threats of rising U.S. output.

Gold Prices Rally to Fresh Yearly ahead of Jackson Hole

Prices are closing lower on the week after pressing to fresh yearly highs with all eyes on next week’s economic symposium. Here are the updated targets & invalidation levels that matter next week.

S&P 500, Global Markets to Start Week on Edge

Global markets will start out for a second week in a row on the brink of breaking down, how they trade early-on could set the tone for rest of the week.

Yuan Torn Between Liquidity Shortage, Growth Concerns

China’s monetary policy is back to spotlight this week. To curb risks or to maintain the growth, that is a question.