Blogs

The near-term outlook for GBP/USD has improved as risk assets stabilize despite further losses for crude oil prices.

The US Dollar is on the defensive as sentiment improves across global financial markets. Incoming corporate earnings reports may sour the mood and revive the currency’s fortunes.

The weakness seen in near-month crude oil futures contracts has migrated further into the calendar as investors fret likely demand levels in a locked-down world

The price of bullion may continue to pullback from the yearly high ($1748) as it extends the series of lower highs and lows carried over from the previous week.

Rising net long bets in global equities such as the Dow Jones, DAX 30 and FTSE 100 may signal what could be a pessimistic shift in sentiment in the near term.

The Hong Kong Dollar has been a beneficiary of lower US interest rates. The gains have been apparently too much for the HKMA, which has taken action to weaken to weaken the currency.

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and opens the door to violent volatility – and trading opportunities.

NZD/USD eyes the monthly low (0.5843) as the Reserve Bank of New Zealand (RBNZ) endorses a dovish forward guidance for its next meeting on May 13.

The US Dollar gained alongside the Japanese Yen and may continue doing so after taking out resistance. Wall Street suffered as equities followed the collapse in crude oil prices.

The highly anticipated earnings report from Netflix did not disappoint as the streaming-provider shattered market expectations at a time when the Nasdaq 100 looks vulnerable.