Oil bulls continue to take charge with Brent making another push towards $80/bbl, while WTI breaches key resistance setting up a run in on YTD highs.
Thursday, 20 September 2018
Rand Report: What Will The South African Reserve Bank Do?
The rand�s sharp weakening over the last three months, largely in sympathy with emerging market currencies, has provided some inflationary concerns.
Wednesday, 19 September 2018
How Will Brazil’s Election Impact Financial Markets?
Uncertainty surrounding Brazil's upcoming elections may push emerging market assets down further as trade wars worsen and the US Dollar strengthens.
GBP/USD Uptrend Eyes EU Meet, AUD Likes China Import Tax Cut Plan
NZD/USD gained on a better-than-expected GDP report. AUD/USD edged higher on reports of Chinese import tax cuts to come. GBP/USD uptrend eyes Brexit talks at EU informal meeting.
Nikkei 225 Technical Analysis: Can Impressive Gains Stick?
The Nikkei 225 is eyeing the highs of this year, which were made in its opening months. However it might be wise to wait now before getting back in. Direction should become clearer soon
Could a Desperate SNB Trigger a EURCHF, Swiss Franc Reversal?
Though the Swiss Franc has been remarkably strong, a desperate Swiss National Bank could possibly trigger a reversal, especially in EURCHF.
What do Emerging Markets, Argentine Peso, Indian Rupee Face Next?
Amidst Fed rate hikes, trade war fears and emerging market contagion worries, we take a look what currencies from developing nations, such as the Argentine Peso and Indian Rupee, face.
Dow Charges Higher Oblivious of Trade Wars, Dollar Moves Towards Inevitable Break
As risk trends still advance and the US Dollar moves toward possibly breaking, Brexit talks, the SNB rate decision, and US-Canada negotiations are in focus next.
NZD/USD Surges After Upbeat 2Q GDP, Eyes RBNZ and Trade Wars
The New Zealand Dollar rallied against the greenback after strong 2Q GDP data, but remains locked in a downtrend. The RBNZ’s OCR decision and trade wars may resume losses.
Can NZ GDP Add Fuel to NZD/USD Price Dominant Downtrend Break?
The Australian and New Zealand Dollars traded higher as the US Dollar headed cautiously lower Wednesday. Can NZ GDP add fuel to NZD/USD price break above the descending resistance line?
GBP/USD: Cable Bulls Attempt to Hold Higher-Low Fibonacci Support
Brexit headlines have started to take on a more negative tone, helping to erase an earlier topside pop in the British Pound on the heels of August inflation numbers.
British Pound Dips after Negative Turn in Brexit Headlines
Comments from key players in the Brexit negotiations have erased all of the British Pound’s gains on the day.
Gold Price Outlook: Breakout Potential as XAU/USD Consolidates
Gold prices are in consolidation within the September opening-range. Here are the targets & invalidation levels that matter for XAU/USD into the close of the week.
GBP/USD Swings on CPI, Brexit as the US Dollar Digs into Support
While both EUR/USD and DXY hold around similar areas as yesterday, the British Pound has seen quite a bit of movement already. Is GBP/USD setting up higher-low support for bullish continuation?
GBP Pares Gains as PM May Rejects EU Barnier’s Offer - US Market Open
A rather choppy session for the Pound, which initially touched 2-month highs, however, retraced much of this after UK press reported that PM May was to reject EU Barnier’s improved offer.
DXY Index at Critical Juncture Following BOE, ECB Meetings
Several data and events this week have developed in a manner proving bearish for the US Dollar.
Bitcoin, Ethereum, Ripple Prices - Bears Remain in Control |
The cryptocurrency market remains negative despite mini-rallies appearing in selected cryptos. Technical charts continue to show a series of lower highs, a negative set-up.
Trading Outlook for DXY, EUR/USD, GBP/USD, Gold Price & More
It's been a very uneventful month so far in the dollar, but that should soon change with ranges set to expand at some point for both USD pairs and gold.
AUD Bulls Extend Recovery, However, Key Resistance Keeps Bearish Trend Intact
The Australian Dollar extended its recovery after Chinese Premier Li vowed not to competitively devalue the Yuan.
GBPUSD Soars as UK Inflation Jumps Higher, Brexit Talks Continue
The latest look at UK inflation showed consumer prices jumping sharply, leaving the central bank in a quandary, as Brexit uncertainties leave tighter monetary policy off the table for now.
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