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  • The subsequent recovery in $GBPUSD and steadiness of $EURGBP suggest some underlying strength in the Pound as overall market sentiment continues to improve. Get your GBP market update from @MartinSEssex here: https://t.co/mvM4PY5Lx1 https://t.co/SdDsKWjFJy
  • Why is the Strait of Hormuz the world's most important #oil chokepoint? Find out from @JMcQueenFX here: https://t.co/0UPiGgqHbW #OOTT https://t.co/jXAp4YqXqE
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.63%, while traders in US 500 are at opposite extremes with 67.64%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/O27Iv2QBfV
  • Forex Update: As of 12:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 1.72% 🇳🇿NZD: 1.04% 🇬🇧GBP: 1.03% 🇨🇭CHF: 0.67% 🇨🇦CAD: 0.63% 🇯🇵JPY: 0.29% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/tn7XjApbGv
  • UK PM Boris Johnson reported to be a in stable condition
  • OPEC+ are mulling a production cut for 3-months, starting in May - TASS
  • Análisis $EURUSD: rompe la indecisión y recupera las pérdidas de 3 días #eur #usd #trading https://t.co/0eeSBwgqHS
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.65%, while traders in US 500 are at opposite extremes with 68.73%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/abrwjLalni
  • Join @MartinSEssex 's #webinar at 7:30 AM ET/11:30 AM GMT to learn more about trading #sentiment Register here: https://t.co/XUUPRdY06p https://t.co/spu1Yi23Zb
  • Asia’s vast and growing importance to the world economy is not yet matched by the presence of a currency trading center to rival the established order. Get your update on market drivers in Asia here: https://t.co/r3Ku0p9dw1 https://t.co/ozl6MxThMA

Market News

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USD/CAD Price Testing Support as Sell-Off Gathers Pace
USD/CAD Price Testing Support as Sell-Off Gathers Pace
2020-04-07 08:42:00
The bearish sentiment in USD/CAD remains in place and the pair are now testing an important support area ahead of the OPEC+ meeting later this week.
Euro, Crude Oil May Suffer From OPEC & Eurozone Political Rifts
Euro, Crude Oil May Suffer From OPEC & Eurozone Political Rifts
2020-04-07 01:00:00
The Euro and crude oil prices will be at the mercy of ongoing OPEC+ and Eurozone negotiations as members from each respective group attempt to reach a consensus on policy.
Gold Price Ascends as Stimulus Continues, March High Now in Focus
Gold Price Ascends as Stimulus Continues, March High Now in Focus
2020-04-06 17:15:00
Gold has edged higher to start the week as central banks and governments continue to pump liquidity into the global economy. In turn, the metal’s March highs around $1,704 are within reach.
Canadian Dollar Forecast: USD/CAD Consolidates, Big Move Ahead?
2020-04-06 15:30:00
USD/CAD edges lower after surging more than 5% last month. As the US Dollar breakout takes a breather, can the Canadian Dollar extend its recovery or is USD/CAD price action headed back higher?
US Dollar Rises, Wall Street Falls. Oil Prices Surges, CAD Gains: Week Ahead
2020-04-06 14:00:00
Wall Street edged cautiously lower last week as volatility cooled. The US Dollar soared. Crude oil prices surged in hopes of key output reduction bets, boosting the Canadian Dollar. The onslaught o...
Crude Oil Prices Rise As Hopes Endure For Russia, Saudi Deal
2020-04-06 07:00:00
Crude oil prices made gains in Monday’s Asian session as it seems likely that Saudi Arabia and Russia may be closer on production cuts than they have appeared
Market Sentiment Improves on Fear of Missing Out | Webinar
Market Sentiment Improves on Fear of Missing Out | Webinar
2020-04-07 12:00:00
Trading confidence is returning, with traders dipping their toes into the markets as they show signs of bottoming out. However, a full-scale recovery could yet be days or even weeks away.
US Dollar, Japanese Yen Sink as Dow Jones Soars on Virus Easing Bets
US Dollar, Japanese Yen Sink as Dow Jones Soars on Virus Easing Bets
2020-04-06 23:00:00
The US Dollar and Japanese Yen fell as coronavirus cases seemed to stabilize in the US and Europe. The Dow Jones and S&P 500 soared. Local policymakers also hinted at more stimulus.
Dow, S&P 500, Nasdaq 100 Pop to Fresh Three-Week-Highs
Dow, S&P 500, Nasdaq 100 Pop to Fresh Three-Week-Highs
2020-04-06 21:37:00
It was a brutal outing in March, but a different tone has so far shown in April.
DAX 30 Price Outlook: Technical Traders Look to Overcome Resistance
2020-04-06 21:30:00
The DAX 30 plummeted alongside other equity markets amid the recent stock market crash, with a peak-to-trough move of roughly -40%. Now, a recovery rally is looking to overcome resistance.
AUD/USD Price Outlook: Virus Optimism Boosts Australian Dollar
2020-04-06 20:52:00
Spot AUD/USD price action climbed over 100-pips during Monday’s trading session as risk appetite and the Australian Dollar recover, but will technical resistance thwart the rebound?
Canadian Dollar Forecast: USD/CAD Consolidates, Big Move Ahead?
2020-04-06 15:30:00
USD/CAD edges lower after surging more than 5% last month. As the US Dollar breakout takes a breather, can the Canadian Dollar extend its recovery or is USD/CAD price action headed back higher?
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