Silver and gold prices may be at risk of a short-term pullback as the uptrends that pushed the precious metals higher show signs of fragility.
Blogs
Canadian Dollar, Crude Oil, Dow Jones Gain with Financial Stocks
The Canadian Dollar gained with crude oil prices as financial stocks lead the Dow Jones higher. Ahead, Asia Pacific equities may rise which could bode well for the Australian Dollar.
GBP/USD Price Analysis: Pound-Dollar Probes Big Support Level
Recent weakness exhibited by spot GBP/USD price action has gained pace over the last few trading sessions and pushes the Pound Sterling to a 5-week low against its US Dollar peer, but will support …
Dow Jones, Nasdaq 100, S&P 500 Forecast: Is the Rally Unfounded?
The Dow Jones and S&P 500 have slowed their recovery rally in recent days while the Nasdaq 100, fueled by large tech stocks, has pressed higher. Is this sustainable or is the rally unfounded?
Bitcoin Price Analysis: BTC Back Towards 10k, Can Bulls Break Through?
It's been a wild past two months in Bitcoin and now bulls are met with heavy resistance and considerable motive.
USDMXN Drops on Bank of Mexico Rate Cut
The Bank of Mexico slashed its overnight rate to 5.50% from 6.00%, as expected. USDMXN price action moved lower on Peso strength
US Dollar on the Rise with FX Volatility; Sentiment Souring?
The US Dollar extends higher after Fed Chair Powell pushed back on the prospect of negative interest rates, which seems to have corresponded with an uptick in volatility and downshift in risk appet…
S&P 500 Outlook: US-China Tensions Puts S&P 500 at Risk of a Breakdown
Key levels to watch for the S&P 500. US-China tensions add to concoction of bearish catalysts.
Euro Latest – EURUSD Continues to Press Down on Support
The Euro remains under pressure against the US dollar after Fed Chair Jerome Powell closed the door on negative interest rates in the US, boosting the value of the greenback.
Crude Oil Outlook – CFTC Advises Vigilance Over Possible Negative Pricing
The US Commodity Futures Trading Commission has sent out an advisory notice to exchanges warning that the price of WTI crude futures could turn negative again as the June expiry date nears.