Crude Oil Price Climbs off the Lows but Recovery Remains Unlikely

The drop in the crude oil price has brought many analysts to ask why there is a rebound in oil prices. One might be inclined to ask the same question about a rise in the stock market, which also undergoes the same decline after the news of economic trouble makes the headlines. But one must be cautious to interpret that…

Read More

USD May Rise if Sentiment Data Spurs Demand for Havens

The S&P USD is trading in a bullish manner due to demand for Havens in USD. One would expect this to happen as long as the US Dollar holds strong against major foreign currencies. On the other hand, the strongest economic indicators indicate that global trade is slowing down. This is largely due to two factors: overproduction of goods and…

Read More

Oil Forecast: Crude Oil Price Looks to OPEC Meeting, Supply Cuts

Oil Forecast: Crude Oil Price Looks to OPEC Meeting, Supply Cuts on the Horizon? This is a question that often comes up when you discuss the crude oil price. Even though the speculation and the overnight fluctuations make the market a bit unpredictable at times, there is one thing we can be sure of: There will be more disruption this…

Read More

Canadian Dollar Price Outlook: USD/CAD Breakout Targets Trend Extreme

Does the recent movement in the Canadian Dollar Price Outlook: USD/CAD Breakout Targets Trend Extreme suggest that we are nearing the end of the trend? The point is, what should investors expect to move forward? In an earlier article, I discussed why the Canadian Dollar Price Outlook: USD/CAD Breakout Targets Trend Extreme is beginning to anticipate an acceleration of the…

Read More

Cryptocurrency Latest: Bitcoin (BTC), Ripple (XRP) Weekend Price Slump

If you’ve been on the lookout for the latest in the world of cryptocurrencies, then you should be aware that the last few weeks have been extremely bullish for several of the more popular coins. This article will be discussing some of the most recent news and developments regarding the current situation that cryptocurrency enthusiasts are facing. The first thing…

Read More

NZD/USD Outlook Mired Ahead of RBNZ as RSI Sits in Oversold Territory

The NZD/USD Outlook has come up with a fresh setback. The long-standing upward trend for the currency had changed to a downward sloping pattern as it started losing its momentum. First, as we saw, the very steady upward trend in the currency was disrupted by the exchange rate change, followed by the disappointing devaluation of the Australian dollar. Second, as…

Read More

Euro May Rise on Retail Sales as Traders Eye Key Debt Release

Some believe that the strength of the Euro today has been driven in part by U.K. retail sales, which have fallen at the end of March. Why? Well, over the last few months, the U.K. retail sector has been hit with the triple whammy of higher VAT, low growth and slower consumer spending. As a result, retail sales growth has…

Read More

US Dollar May Bloom on FOMC Outlook, Corporate Earnings

Today’s FOMC meeting will focus on its outlook for monetary policy. The central bank is moving away from a reliance on the “Keynesian” view of supply and demand in setting interest rates. The inflation target is also becoming less important. Monetary policy has become a lot more flexible under the new FOMC. It is no longer under the control of…

Read More

Yen May Fall as Markets Cheer PMI Data

It seems the Yen May Fall as Markets Cheer PMI Data! I mean, it almost feels like a real estate bubble is developing in China! Does this mean that the US dollar will now fall? It is the opposite – The Yuan is now weaker than the US Dollar, and that means that the Yuan can take advantage of the…

Read More

US Dollar Pulls Back from Resistance Test: AUD/USD, GBP/USD

The US Dollar Pulls Back From Resistance Test: AUD/USD, GBP/USD, and USD/CAD. This is a reversal that is being triggered by the rise in oil prices. Oil has been the catalyst for the strength of the dollar and this just highlights how the price of oil can trigger the weak dollar to show weakness. This article will explain why the…

Read More