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<p>The S&P 500 Futures  are posting a rebound after they suffered the worst sell-off since March 16, as investors were concerned about resurgence in coronavirus infections and discouraged by the Federal Reserve’s warning of a slower economic recovery. Later today, the U.S. Labor Department will release May import price index (+0.7%

<p>Stocks After yesterday’s big plunge, index futures have recovered a tad from their worst levels on the back of some bargain hunting and short covering by those lucky enough to have held bearish positions during Thursday’s session. The market remains vulnerable though for fresh falls after the disorderly sell-off and the technic

<p>GBPUSD is trading around the vicinity of 1.2640, that being the 23.6% Fibonacci retracement of the upward wave from 1.2075 to 1.2815 and where the red Tenkan-sen line currently lies. The price is eating a portion of its last sessions’ losses but the RSI and the MACD are consolidating in the negative areas avoiding giving […]

<p>As if it wasn’t already clear that we’re living through extraordinary times – and markets – investors are piling back into stock on Friday after a sharp sell-off a day earlier. While yesterday’s 6.9% plunge in the Dow isn’t even in the top three worst days this year, it’s still a quite remarkable d

<p>Notes/Observations Session seemed to focus on pending substantial rebound of major parts of the advanced economies; risk of second wave of Covid-19 sidelined for the time being and sentiment back to believing the worst is probably over for the advanced world UK Apr GDP slumped over 20% due to lockdown measures UK will formally rule [&helli

<p>Yesterday, the XAU/USD exchange rate traded sideways around the 1,730.00 level. During Friday morning, the rate maintained its consolidation. Given that yellow metal is supported by the 55-hour moving average near 1,727.80, it is likely that some upside potential could prevail. In this case the rate could exceed the 1,745.00 mark. However,

Gold lost some ground against the dollar on Friday. Before the retracement, the yellow metal had made a majestic step above the key hurdle at 1,740. E

The DXY found support today at the 200 Simple Moving Average (SMA) after some sustained weakness in recent weeks. The price could not break the 100.00

After meeting resistance at 1.14 EUR/USD has fallen over 2 big figures in the last three sessions. On Friday the pair looked like it was ready to test

Australia CFTC AUD NC Net Positions: $-37K vs $-41K