The Week Ahead in FX (May 18 – 22)

The Week Ahead in FX (May 18 – 22)

Partner Center Find a Broker Start your trading prep with an overview of catalysts lined up next. I’ve got chart setups to check out this week, too! Risk aversion was in play for the most part of the previous week as traders turned their attention to tensions between the U.S. and China, as well as…

USD Weekly Forecast (May 18 – 22)

USD Weekly Forecast (May 18 – 22)

Partner Center Find a Broker Risk aversion made the dollar king of pips last week. Can the bulls maintain their momentum with this week’s catalysts? Here are the main themes that you need to keep an eye on: Closely watched PMIs Markets see Philadelphia’s manufacturing PMI (May 21, 12:30 pm GMT) at -40.0 after printing…

CAD Weekly Forecast (May 18 – 22)

CAD Weekly Forecast (May 18 – 22)

Partner Center Find a Broker Canada is printing its inflation and retail sales numbers this week! Can they affect the Loonie’s trends from the previous week? Here’s what you can expect from the events. Consumer price index (May 20, 12:30 pm GMT) Lower gas prices dragged the inflation rate to a five-year low in March…

Daily Market Outlook, May 18, 2020 

Daily Market Outlook, May 18, 2020 

Daily Market Outlook, May 18, 2020  Expectations of further policy stimulus has provided a positive backdrop for the market at the start of the week. Most major Asian indices are trading higher, while European and UK futures point to gains ahead.  Comments from Fed Chair Powell, late on Friday, suggested that the Fed was ‘not…

Is the USD/RUB Is Ready to Jump?

Is the USD/RUB Is Ready to Jump?

Good day! The USD/RUB remains in the descending triangle and volatility is now minimal. The asset could potentially break the upper side of triangle and jump. It can also break the lower side of triangle but let’s wait and see what happens next: Gold broke the upper side of symmetrical triangle and tested the level…