Fresh updates to the U.S. Consumer Price Index (CPI) may fuel the recent rebound in EUR/USD as the headline reading is expected to slow to 2.4% from 2.7% in August.
Thursday, 11 October 2018
Wednesday, 10 October 2018
US Dollar May Be Back on Offense After CPI Data
The US Dollar may be back on offense as CPI data underscores the Fed rate hike outlook and fuels risk aversion while yesterday’s transitory headwinds scatter.
Stock Selloff Lingers. USD May Pare Losses on CPI Data, Fed Speech
The stock selloff permeated into Asia Pacific equities as the Nikkei 225 tumbled over 4 percent. The US Dollar may pare losses on upbeat CPI data and hawkish Fed commentary.
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Gold Prices at Risk as US Dollar Strength Returns After CPI
Gold prices may succumb to selling pressure as the US Dollar reasserts itself amid firming Fed rate hike bets and risk aversion following September’s US CPI data.
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Fowl Play: Lessons from the US, EU ’Chicken’ Trade War
The Chicken War of the 1960's should serve as a stern reminder to protectionists of the danger of trade wars and the threat they pose to global growth and stability.
US Equities Dive - Is This the Big One?
Breadth and intensity both factor in to whether US equities’ poor performance is a tip into bear market or financial crisis.
Nikkei 225 Technical Analysis: Sharp Falls Leave Bulls Down, Not Out
The Nikkei 225 has fallen sharply from its recent multi-decade highs, but bulls can probably still dare top hope for as long is its former trading range remains unthreatened
New Zealand Dollar Struggles For Fudamental Support
The New Zealand Dollar has been hammered so far this year, but its pain may not be over yet as the fundamental gloom deepens.
USDJPY Chart Analysis: Elliott Wave Correction to Below 110?
The Elliott Wave chart pattern for USDJPY shows a completed zigzag from March 2018 to October 2018 hinting to a correction below 110.
Worst Drop for Dow Since February, Nasdaq in Years Overrides IMF, Italy, Brexit
The Dow and S&P suffered their worst single-day drops since February, but the real risk will come in contagion.
AUD/USD Technical Analysis: Deeper Aussie Dollar Drop Expected
The Australian Dollar is stalling at support above the 0.70 figure against its US namesake but the broader price trend continues to look decidedly bearish.
Asia Braces after Market Selloff. USD/JPY Prices Eye Trend Support
Asia Pacific markets are bracing after the intense Wall Street selloff. The US Dollar was mixed given Brexit optimism. USD/JPY prices eye March 2016 rising trend line chart support.
Dow Sheds 800 Points, US Equities Suffer Largest Decline Since February
Rising bond yields weighed on investor sentiment as the Dow plummeted 800 points and US equities shed months of gains in a single day.
AUD/USD Extends Bullish Series Ahead RBA Financial Stability Review
Recent price action in AUD/USD raises the risk for larger rebound as the aussie-dollar exchange rate extends the bullish sequence from earlier this week.
Dow Reversal Gains Speed, Tests Below 26k: Are Bulls Done?
It's been a brutal day in US equities and the Dow is now down 4.3% over the past week. But this comes after a 12% bump in Q3, begging the question: Are bulls done?
IMF Warns of Rising Instability in the Global Financial System
The International Monetary Fund issued their biennial global financial stability report Wednesday, highlighting the risk trade wars pose to global growth.
US Dollar Snaps Both Haven & Yield Bid. Slides with Bonds & Stocks
"Sell USA!" is the theme du jour, with bonds, stocks, and the US Dollar all dropping.
EUR/JPY Weekly Technical Outlook– Price Reversal Eyes Initial Support
Price reversed off multi-year slope resistance last month with the decline now targeting initial support. Here are the levels that matter on the EUR/JPY weekly chart.
USD/JPY Weakness to Subside as Bearish Sequence Snaps
Recent price action in USD/JPY raises the risk for a larger pullback as the dollar-yen exchange rate continues to carve a series of lower highs.
US Dollar, Euro Pull Back Ahead of US CPI
Euro and US Dollar trends are pulling back as we near the big item on this week's calendar with the relase of tomororw's US CPI.
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