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USD Slides as Moody’s Downgrade Adds to Pressure: EUR, JPY and Gold Test Key Levels

The timing of Moody’s U.S. downgrade couldn’t be worse for a dollar already looking shaky. With EUR/USD and USD/JPY testing key levels and gold extending its bounce, traders will be watching trade and tax headlines closely to kick off the new week.

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Today 09:35 AM
Oil refinery

Crude Oil Weekly Outlook: PBOC Decision, PMIs, and Trade Deals

Crude Oil Weekly Outlook: Crude oil holds bullish bias on Middle East deals, US-China Talks, sanction reliefs, OPEC supply cuts unwind, and expected PBOC rate cut. What are the key levels to watch?

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Canadian Dollar Forecast: USD/CAD Defends Weekly Low Ahead of Canada CPI

USD/CAD seems to be defending the advance from the weekly low (1.3900) as it continues to coil within a narrow range.

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By : David Song
Yesterday 06:00 PM
Multiple pound notes £5, £20 and £50 Pound Sterling

British Pound Technical Forecast: GBP/USD Boxes as GBP/JPY Trends

GBP/USD has been stalled at a key Fibonacci level for the past four weeks, but GBP/JPY has been trending decisively over that same period of time.

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Gold Short-term Outlook: XAU/USD Bulls Defend Make-or-Break Support

Gold prices rebounded off key support at the 2025 uptrend and the battle lines are drawn for the bulls. Levels that matter on the XAU/USD short-term technical charts.

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USD/JPY Forecast: Dollar faces trust test as Moody’s downgrade compounds haven doubt

Traders searching for clues in Moody’s downgrade may find little from past episodes. But in a market questioning U.S. credibility, USD/JPY could start to reflect that doubt.

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Weekly Equities Outlook: Marks & Spencer, easyJet & Palo Alto Networks

Among the companies reporting this week are: Marks & Spencer, easyJet and Palo Alto Networks

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May 17, 2025 12:00 PM
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