The US dollar is back just above noted support and is likely to remain bid after US President Trump imposed 10% trade tariffs on $200 billion of Chinese imports.
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Tuesday, 18 September 2018
DAX Chart Outlook – Can Price Stay Above Resistance?
The German benchmark is currently trading above a familiar spot, how the market closes today could be important to the near-term outlook.
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Yen Down, Aussie Dollar Up on Diluted US Tariffs Against China
The anti-risk Yen fell while the Aussie Dollar rose with Chinese stocks a diluted set of new US tariffs hinted White House protectionism met effective pushback.
Monday, 17 September 2018
Crude Oil, Gold Prices Echo US Dollar Swings on Trump China Tariffs
Crude oil and gold prices echoed swings in the US Dollar as President Donald Trump triggered another round of tariffs targeting $200 billion in imports from China.
Nikkei 225 Sidesteps US Tariffs, February Highs Eyed as Yen Falls
Despite Donald Trump’s command to impose $200b in Chinese import tariffs, the Nikkei 225 soared with prices aiming for February highs. Meanwhile, the anti-risk Japanese Yen depreciated.
Activity Levels for Australian and New Zealand Dollars Hit Extremes
Although knocked off their carry trade perches, the Australian Dollar still has a catalyst in China-relations and the New Zealand Dollar looks to 2Q GDP.
ASX 200 Technical Analysis: Nascent Uptrend Looks Worth Playing
The ASX 200 has staged quite an impressive little bounceback from key support and, with momentum still building, looks likely to make more gains
Fresh US-China Trade Wars and Brexit Concerns Start Week, But Dollar and Pound Stoic
The top reserve status of the US Dollar is not permanent. Trade worries may pressure this, as the Trump administration announced new tariffs on $200b of Chinese goods.
AUD/USD Rallies After Release of House Prices Data, RBA Minutes
The Australian Dollar gained against the greenback after the release of housing inflation data and the RBA’s September minutes. Trade wars may bring a reversal next.
EUR/USD Technical Analysis: Euro Topping Near 1.17 Figure?
The Euro may finally be ready to resume the down trend against the US Dollar after nearly a month of indecision at resistance in play since mid-June.
US Pursues $200b Chinese Tariffs, AUD/USD Prices Eye September Low
AUD/USD prices eye the September low as the Nikkei 225 could decline next now that Donald Trump has slammed China with $200b in import tariffs starting September 24th with more to come.
US Dollar Stuck in Range and Looking for Cues
US Dollar continues its sideways range while the gold to silver ratio is at the highest level since the early 90's.
GBP/USD: Cable Tests Seven-Week Highs Ahead of UK CPI
The British Pound continues to claw back prior losses, and CPI is on deck for this Wednesday. But - if the US Dollar continues peeling-lower, we may have a case for long-term strength in GBP/USD.
FX Setups for the Week of September 17, 2018
A quieter economic calendar opens the door for recognition or reversal of recent price action themes, and in this piece we look at two price action setups around the Japanese Yen and two around USD.
EUR & GBP Outperform as Dollar Extends on Losses - US Market Open
USD extends on losses, while GBP rises to 6-week highs as Brexit sentiment remains optimistic.
USD Bears Hit Back: US Dollar Drops from Resistance at Prior Support
The US Dollar put in a respectable bounce from fresh lows on Friday. But that move is almost entirely erased at this point, and resistance came-in at a key area on the USD price chart.
UK Week Ahead: Sterling Firm Ahead of Brexit Talks | Webinar
The EU will hold an informal meeting in Austria on Wednesday with Brexit negotiations top of the list. Will a solution for the Irish border problem be found?
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