USD Slammed to New Lows as US Protectionism Gains Steam

Talking Points: – Comments by US President Trump’s Commerce and Treasury Secretaries have the US Dollar at its lowest level since December 22, 2014. – Protectionism is generally bad for economies, and can lead to a litany of problems – domestic and foreign – beyond economics. – Retail trader sentiment continues to point to a […]

EUR/USD Weekly Technical Outlook: Euro May Struggle More Before Higher

EUR/USD Highlights EUR/USD spun its wheels last week, working off overbought conditions More of the same might happen in week ahead, with a dip lower towards support seen possible More broadly speaking, higher prices are anticipated once the current phase is over To view the longer-term technical and fundamental outlook for the Euro, or see […]

Gold Technical Analysis: Has Support Set-In?

Talking Points: – Gold prices started a bullish trend in mid-December, rallying from a low of $ 1,236. – The past few days have finally seen that bullish trend pull back; but will buyers respond to near-term support? – Gold is currently carrying heavy bullish retail exposure, with a +2.0 read via IG Client Sentiment. […]