Friday, 12 October 2018

US Dollar May Find Renewed Strength in FOMC Meeting Minutes

The US Dollar may find renewed strength after last week’s confounding drop as minutes from September’s FOMC meeting signal officials’ intent to press on with rate hikes.


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Australian Dollar Held Up Last Week, May Not Do So Again

The Australian Dollar held up quite well to the intensification of one or two factors which have stymied it this year. Don’t rely on that continuing


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USD/JPY Clings to Bull Trend, Fed’s Evans Warns of Above Neutral Rate

The recent selloff in USD/JPY appears to be losing steam ahead of the weekend as the exchange rate clings to the upward trend carried over from August.


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US Dollar Bounces from 95.00, Global Stocks Attempt to Build Support

This week's global equity sell-off appears to have finally found some semblence of support, with the Dow bouncing off of 25k. The big question for next week: Can it last?


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US Dollar Eyes Key Level, GBP and EUR Dip - US Market Open

After the largest intra-day drop since September 20th, the US Dollar has seen a slight reprieve, while FOMC rate projections have also remained relatively stable despite the sell-off in equity markets


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Bitcoin (BTC) Price Breakdown Signals Further Losses

A lack of any bounce back after recent heavy losses confirms that Bitcoin’s outlook remains negative, with the daily chart looking increasingly ominous.


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Global Equities Corrected, Will the USD Follow?

Crowded USD long positioning facing the strain from Trump’s persistent criticism of the Fed, while the recent sell-off in equity markets has also been met with USD selling.


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Charts for Next week – EUR/USD, GBP/USD, GBP/JPY, Gold Price & More

After failing to break lower out of a range, the euro is shifting higher along with cable; GBP/JPY is triangulating while gold finally breaks shows life.


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EUR/USD Rate Risks Larger Rebound as Bullish Sequence Unfolds

Recent price action in EUR/USD raises the risk for a larger recovery as the exchange rate extends the bullish sequence from the monthly-low (1.1432).


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EURUSD Outlook: Remains Elevated but Italian Budget Face-Off Nears

EURUSD continues to nudge higher, aided by a weaker US dollar, but next week brings the next instalment of the EU/Italy Budget showdown.


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EURGBP Short: GBP Dependent on Brexit Outcome, Italian Risk Remains



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Gold Finally Shakes off the Rust, Breaks Range with Silver Following its Lead

Precious metals finally emerged from there multi-week slumber as stocks gyrate and dollar weakens; but can it follow through?


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Yen May Fall Further in Risk-On Trade But Follow-Through Suspect

The Japanese Yen may continue to backtrack as risk appetite recovers across global financial markets but betting on follow-through is probably premature.


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Thursday, 11 October 2018

Gold Prices May Pull Back as Crude Oil Gains Amid Risk Recovery

Gold prices may pull back after yesterday’s explosive gains while crude oil prices rise amid a market-wide recovery in risk appetite.


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Asian Stocks Mixed Despite Wall St Rout, US Futures In Focus

Asian stocks didn’t fare too badly on Friday considering the terrible US curtain raiser they started with. A rise in US stock futures kept hopes alive


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New Zealand Dollar May Look Past CPI, Focus on Stocks, USD & Fed

Any signs that the Fed could remain hawkish despite the global stock selloff could reignite USD at the expense of NZD, this may overshadow gains on an upbeat local CPI data.


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US Sanctions Against Iran May Spark 1970s-Style Oil Crisis Fears

Crude oil markets may become gripped by fears of a 1970s-style crisis as the US re-imposes sanctions on Iran after withdrawing from a nuclear disarmament accord.

Singapore Dollar Reversal Gains on Hawkish MAS Policy Announcement

A hawkish MAS policy announcement bolstered the Singapore Dollar as it accelerated its reversal against the US Dollar. USD/SGD prices are eyeing rising chart range support next.

Bears Drag S&P 500 Below 200-Day Average, Risk Aversion Dangerously Broad

The sharp pain of fear has carried over through a second session for US indices, but there seems a discrepancy in performance across broader risk assets. What are we to make of this inconsistency as a reflection of sentiment?

Global Stock Selloff Resumes, but USD Falls as Gold Eyes Reversal

The global stock selloff resumed, but the US Dollar failed to capitalize as the world’s reserve currency. This allowed for gold to rise by the most since 2016 as it heads for a reversal.

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...