The ECB is sticking to its preset policy course, but with Italy back in the news, any goodwill injected into the Euro from the recent policy decision will likely be neutralized.
Saturday, 15 September 2018
Australian Dollar Remains Pressured But May Get Some More Respite
The Australian Dollar has swooned this year despite a strong domestic economic performance. Its fall may pause into this week but it’s probably not over
A Convergence of Technicals and Fundamentals May Stage Yen Trade Opportunities
When technicals and fundamentals align, strong trade opportunities can arise. With the Yen crosses nearing prominent resistance, a tide change in risk trends could stage some appealing opportunities.
Dollar Is Closing in On a Break that Either Extends Trend or Triggers Reversal
The Dollar’s range is starting to represent one of the longest periods of indecision for the currency in four years. A break is inevitable but the question is ‘how soon’ and whether it will neatly fit the head-and-shoulders.
Dollar Is Closing in On a Break that Either Extends Trend or Triggers Reversal
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US Dollar Rally May Resume on Fed Rate Hike Bets, Risk Aversion
The US Dollar backtracked last week but a durable upshift in Fed interest rate hike expectations and the threat of renewed risk aversion may put it back on the offensive.
Friday, 14 September 2018
EUR/USD Weekly Technical Outlook: Euro Stalls at Wall of Resistance
The euro will start the week coming off resistance, keeping it amid the chop; tactical considerations outlined for both sides of the market.
A Pattern of Week-Ending Worry as Markets Look for a EURUSD and S&P 500 Break
Just before the weekend liquidity drain can solidify confidence in complacency, headlines seem to rock investors' tranquility. Is ths on purpose and what should we take away from these last minute surprises?
Yuan Looks to Resumed Trade Talks, Summer Davos Forum for Outlook
The USD/CNH approaches 6.9, a key threshold once again; whether it can hold or break may be determined by the progress of resumed trade talks as well as the outlook of China’s economy.
A Decade After Lehman’s Collapse, $133M Loss Overwhelms A Clearing House
A Norwegian derivatives trader emptied a clearing house’s contingency fund after losing $133 million in a bad bet on energy prices in the region.
FX Week Ahead: Inflation Data Due from Eurozone, UK, Japan, and Canada
Central banks will remain in the spotlight, even if indirectly, as market participants await a deluge of August inflation data from around the world.
Dollar Best Hope to Stave Off Head-and-Shoulders Breakdown is a Euro Drop
The Dollar’s range is starting to represent one of the longest periods of indecision for the currency in four years. A break is inevitable but the question is ‘how soon’ and whether it will neatly fit the head-and-shoulders.
Equities Forecast for Dow, S&P 500, DAX, FTSE and Nikkei
European equities finally found a bit of support as US equities pulled back to close the week. Global stocks appear to be lining up for an interesting Q4 around-the-world.
AUD/USD Breakout Struggles, EUR/AUD Risks Reversing to August Lows
The breakout lower in AUD/USD struggled, next week may determine if it will continue. Meanwhile a bearish reversal pattern with support break warns EUR/AUD may reverse to August lows.
Brent Up 10% Since August Low, Stubborn Supply Concerns Persist
Brent crude oil traded to the highest levels since May breaching $80/bbl, up nearly $10/bbl since the August low showing that price may move higher in line with longer-term fundamentals.
Gold Price Hinges on US-China Trade War Developments
Gold continues to act out of character, trading lower when risks arise and higher when markets climb. Retail positions are net-long, so gold may fall further.
S&P 500 Maintains Solid Trend, Can the DAX and FTSE Follow Higher?
U.S. stocks continue to look poised for higher prices, can the DAX and FTSE find their footing and feed of strength in the world’s largest stock market?
GBP: Sterling Continues to Benefit From a Lack of Bad News
Sterling is back above GBPUSD 1.3100, despite a strong dollar, as a lack of negative Brexit news leaves GBP bolstered and inching higher.
Dow Jones Pulls Back to Near-Term Support After Seven-Month Highs
The Dow is pulling back from fresh seven-month highs, and prices have begun a test of a short-term support zone as reports around Chinese tariffs have started to circulate.
Bitcoin and Ethereum Price Analysis - Flat Balls Won’t Bounce
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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
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AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...
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British Pound (GBP) Latest: GBP/USD Nudges Higher, FTSE 100 Picks-Up as President Trump Takes ActionThe British Pound is registering small opening gains and the FTSE 100 is nudging higher after US President Trump announced new COVID-19 aid ...