Crude Oil Analysis: WTI breaches $50, Bears Eye Critical Support

The decline in oil prices persists with WTI and Brent crude breaking below $50 and $58 respectively. Given that there are little signs of the sell-off abating.


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CAD at 5-Month Lows, Crude Oil Back on the Decline - US Market Open

The Pound is notably outperforming this morning, gaining some 0.3% against the greenback. CAD at lowest level since June amid weaker oil prices and wider bond spreads.


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GBP Price Falls After Dire Warnings For UK Economy After Brexit

The British Pound has weakened after grim predictions for the UK economy post-Brexit from both the UK Treasury and the Bank of England.


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USD/JPY Weak Near-term, Triangle Building; USD/CAD Reversal Has Trend-line in Play

USD/JPY reversed off the top of a developing pattern which should prove important later-on, while USD/CAD rejection has notable trend support back in view.


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FTSE Chart Analysis – Lifting on Heels of Surge in S&P 500, but Not Meaningful

Shortly after Europe trading closed U.S. stocks surged on Fed Chair Powell's softening hawkish tone; but it may only be a temporary shot in the arm, especially for non-U.S. markets.


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EURUSD Turns Higher But The US Dollar Remains Bullish

EURUSD pushes higher after Fed Chair Powell’s commentary, but the charts show that the US dollar remains in a strong uptrend.


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Euro to Overlook German CPI, US Dollar May Rise on FOMC Minutes

The Euro may overlook German inflation data while the US Dollar has scope to rebound as November FOMC meeting minutes prompt a rethink of Fed rate hike prospects.


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Asian Stocks Rise On Fed Chair Powell’s Comments, G20 Hopes

Asian stocks were broadly higher again as markets moved to reprice their expectations of higher US interest rates next year. The US Dollar was weaker for the same reasons


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Crude Oil, Gold Prices May Fall as FOMC Minutes Prompt Fed Rethink

Crude oil and gold prices may fall while the US Dollar rebounds as upbeat minutes from this month’s FOMC meeting prompt a rethink of the Fed’s rate hike trajectory.


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Did Fed Chairman Powell Save the Stock Market?

Despite equities’ rally following Chairman Powell’s dovish remarks, stacked systemic risks may point to a future reversal.


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Euro, AUD/USD, NZD/USD at Risk From Trump Automobile Tariff

The Australian and New Zealand Dollar – along with the Euro – may suffer soon as President Donald Trump explores imposing new automobile tariffs as part of his protectionist initiatives.


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Nikkei 225 Technical Analysis: Bulls Have More To Prove Yet

The Nikkei 225 has managed a run of daily chart gains that have taken it close to an important resistance zone. It will need to get there however, and consolidate


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Despite Clear Warnings from the Fed, BoE and IMF, Markets Focused on Fed’s Powell

Equities rallied on dovish remarks from the Fed’s Powell, despite clear warnings on financial stability and auto tariff threats.


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AUD/USD Technical Analysis: Bearish Reversal Attempt Invalidated

The Australian Dollar has managed to abort another attempt at re-starting its long term downtrend against its US counterpart, this time courtesy of Fed commentary.


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S&P 500 Gains in Vain after Powell Speech? USD Still in a Uptrend

Fed Chair Jerome Powell offered the S&P 500 its best performance since March, but the index hasn’t conquered resistance. Asia stocks may echo gains on Wall Street, boosting AUD.


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USD/JPY Strength Fizzles as Fed Chairman Powell Softens Hawkish Tone

USD/JPY may continue to consolidate following the fresh comments from Fed Chairman Jerome Powell as it marks another failed attempt to test the 2018-high (114.55).


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Sterling Spikes as Bank of England’s Carney Calms Brexit Nerves

The pound cautiously moved higher following remarks from the UK’s head central banker Mark Carney on the country’s Financial Policy Committee report assessing the health of the financial system and impact of Brexit outcome risks.


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GBP/USD Rallies After the BoE Warns of Brexit Recession Potential

The Bank of England issued some stark warnings around No-Deal Brexit today. And markets seemed to listen for about 20 minutes, until Jerome Powell provoked a reversal in USD.


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DJIA: Dow Jones Jumps Above 25k as Powell, FOMC Adapt to Global Risks

US stocks are ripping-higher on the back of a speech from FOMC Chair, Jerome Powell. The removal of a key pressure point may keep the door open for continued strength.


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Dollar Sinks Stocks Soar on Dovish Remarks from Feds Powell

At a speech in New York, Federal Reserve Chairman Jerome Powell delivered a series of dovish remarks that sent the Dollar lower across the board while US equities turned positive for November.


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