Gold & Silver Price Forecast: Total known gold ETF holdings jumped another 880,000 troy ounces during the week, despite a -0.5% decline in spot gold prices Similarly, silver holdings increased by 7.1 million troy ounces as XAGUSD spot prices climbed 3% higher Interested in an ETF-based view on various global Continue Reading

RESERVE BANK OF AUSTRALIA (RBA) RATE REVIEW & AUDUSD PRICE OUTLOOK: The September RBA meeting is on deck for next week and is certainly a top event to keep on the trading radar. High-impact event risk surrounding the Reserve Bank of Australia’s latest interest rate decision due for release this Continue Reading

BANK OF CANADA (BOC) RATE REVIEW & USDCAD PRICE OUTLOOK: The Bank of Canada is set to provide currency traders with its updated monetary policy update next Wednesday USDCAD remains in focus as Canadian Dollar price action attempts to break away from major technical confluence Check out this free Forex Continue Reading

Fundamental Australian Dollar Forecast: Neutral The Reserve Bank of Australia is not expected to pull the interest rate trigger yet Growth looks certain to be anemic, the question is to what extent Trade, recession worries may continue to drive Find out what retail foreign exchange traders make of the Australian Continue Reading

Japanese Yen Price Outlook & US ISM Services Data: ISM Services data for August is due Thursday and will offer insight on a sector of the economy that accounts for nearly 80% of US GDP Meanwhile, USDJPY will look for direction after fluctuating alongside US indices in August Join one Continue Reading

CRUDE OIL PRICE FORECAST: NEUTRAL Crude oil prices remain anchored to broad-based market mood swings OPEC+ output scheme and geopolitical jitters unable to sustain gains Incoming economic data, central bank commentary to apply pressure Get our free guide to help build confidence in your crude oil trading strategy! Crude oil Continue Reading

US-China trade war news and analysis: The financial markets are roiled frequently by news of the escalating US trade war with China. Many other countries have large trade surpluses with the US and stand to be hurt by the imposition of US tariffs Fears for the global economy continue and Continue Reading

US Dollar Talking Points: Today is the final trading day of August and it’s been an eventful month. September brings interest in upcoming FOMC and ECB rate decision to go along with the continuing saga in the US-China Trade War. DailyFX Forecasts are published on a variety of markets such Continue Reading

Dow Jones Forecast: The Dow Jones and S&P 500 sit near the top of their August ranges but ETF flows highlight the indecision amongst traders Despite back-and-forth flows for the SPY ETF, corporate debt via JNK and HYG has registered notable inflows – an indication of returning risk appetite or Continue Reading

Japanese Yen, BoJ Inflation Target, Talking Points: The Yen has risen as a counter-cyclical haven play Nothing unusual about that, but it has done so when inflation in Japan was already decelerating The Bank of Japan’s official target looks less and less plausible Find out what retail foreign exchange traders Continue Reading