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Editors’ Picks

USD/JPY holds higher ground near 109.00 amid a 3% rally in S&P 500 futures

Amid a 3% rally in S&P 500 futures, USD/JPY trades with sizeable gains near 109.00. The Japanese government's move to announce a state of emergency weighs heavily on the Japanese yen. 

USD/JPY News

AUD/USD extends bounce above 0.6000 amid risk-on

Having kick-started the week on the front foot, AUD/USD extends the bounce above 0.6000. The risk-on market profile combined with the oil-price recovery drives the Aussie higher. Although broad US dollar demand could keep the further upside capped. 

AUD/USD News

Gold: Recovery rally looks exhausted on Hanging Man candle

Gold's weekly chart is flashing signs of bull fatigue. An inside bar occurs when prices trading within the preceding period's high and low and is indicative of bull fatigue when it appears after a notable price rise, which is the case here.

Gold News

WTI downed 10% at Asia open as OPEC+ meeting pushed backed

WTI kicks-off the week sharply lower on OPEC+ meeting woes. Oil reverses 30% gains seen last week on hopes of OPEC+ output cuts. All eyes on the US and OPEC headlines amid coronavirus updates.

Oil News

Gold: Recovery rally looks exhausted on Hanging Man candle

Gold's weekly chart is flashing signs of bull fatigue. An inside bar occurs when prices trading within the preceding period's high and low and is indicative of bull fatigue when it appears after a notable price rise, which is the case here.

Gold News

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