Ongoing efforts by the OPEC and its allies may spur a larger recovery in crude oil prices as an inverse head-and-shoulders formation takes shape.
With USD/JPY rallying after the BOJ rate decision, the DXY Index has been able to maintain its break of the downtrend from the December high.
Sterling sentiment has taken another positive shift as Brexit deal negotiations evolve and traders should monitor these three GBP-pairs closely.
The Euro is looking vulnerable ahead of Thursday’s European Central Bank monetary policy meeting.
Sterling continues to push higher and may break above an important technical indicator against the US dollar.
Traders are continuing to shun riskier assets in favor of safe havens but the Japanese Yen is benefiting less than the US Dollar as concerns rise about the Japane...
Gold prices are looking to soundbites from the World Economic Forum in Davos, Switzerland to set the bearing for market-wide risk appetite.
Crude oil prices may fall as a dour mood at the World Economic Forum getting underway in Davos, Switzerland weighs on market-wide risk appetite.
Crude oil prices may struggle for follow-through on Friday’s spirited advance as a holiday closure in the US saps market-wide liquidity levels.
Gold prices are struggling for direction as the US Dollar shows itself to be the more explicit risk-off asset, trading inversely of Treasury bond yields.
Crude oil prices may be pressured lower amid growing worries about headwinds menacing global growth as the US government shutdown and trade war with China continue.
Gold prices might make good on technical signs of topping if the Fed’s Beige Book survey echoes recent improvement in economic news flow, boosting rate hike bets.
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