EUR Back at Resistance on Italian Budget Deal, CAD Inflation Drops - US Market Open

The Euro is outperforming this morning following reports that Italy and the EU had reached an agreement on the 2019 budget.


from DailyFX - Feeds all https://ift.tt/2GtQ3cH
via IFTTT

US Dollar Awaits Results of December FOMC Meeting

Expect higher than normal volatility around the last Fed policy meeting of the year.


from DailyFX - Feeds all https://ift.tt/2rMD4bM
via IFTTT

Slowing Canada Consumer Price Index (CPI) to Fuel USD/CAD Advance

Updates to Canada’s Consumer Price Index (CPI) may fuel the recent advance in USD/CAD as the headline reading is projected to slow to 1.8% from 2.4% per annum in October.


from DailyFX - Feeds all https://ift.tt/2Ls82Pn
via IFTTT

EURUSD Price Rises Modestly as EU Reaches Italian Budget Deal

The EURUSD price is continuing its gentle ascent after news that the EU has reached a Budget deal with Italy and publishes its no-deal Brexit plans.


from DailyFX - Feeds all https://ift.tt/2POM5ur
via IFTTT

The History of Forex

From the gold standard to the Bretton Woods System, find out how the Forex market has changed throughout history.


from DailyFX - Feeds all https://ift.tt/2rMge4a
via IFTTT

CAD Vulnerable as Oil Plunge is Set to Drag Inflation Lower

CAD traders will be placing close eye on the latest inflation data at 1330GMT, where it is expected for the headline reading to show a sizeable drop.


from DailyFX - Feeds all https://ift.tt/2R5vGXf
via IFTTT

GBPUSD Price Edging Ahead Despite Growing Risk of No-Deal Brexit

The GBPUSD price is continuing to advance, albeit slowly, despite growing talk of a no-deal Brexit and weak inflation data, suggesting some underlying strength in the UK currency.


from DailyFX - Feeds all https://ift.tt/2RdmAbj
via IFTTT

Technical Outlook for Dow Jones, Copper, Crude Oil, Gold Price & More

U.S. stocks will look to try and recover from year lows, copper triggered technical break, crude straight down out of a triangle, while gold tries to work its way higher.


from DailyFX - Feeds all https://ift.tt/2EChaAv
via IFTTT

Crude Oil Price: Brent Trying to Rebound from a 14-Month Low

The Brent crude oil price has fallen nearly 9% this week on a combination of global growth fears and record US shale output.


from DailyFX - Feeds all https://ift.tt/2BuQ4ra
via IFTTT

USD Price Bounce Possible, Dovish Rate Hike Already Priced In

The USD price has now fallen for three successive sessions, implying that a ‘dovish rate hike’ today by the Federal Reserve has been fully priced in and that a USD rally is therefore on the cards.


from DailyFX - Feeds all https://ift.tt/2ByLYy2
via IFTTT

S&P 500, Dow Jones & Nasdaq 100 Charts: Yearly Lows and FOMC in Focus

This week the major U.S. indices are testing the year lows, today we have the FOMC which may be a catalyst for making or breaking those important levels.


from DailyFX - Feeds all https://ift.tt/2ClZsPB
via IFTTT

US Dollar, Yen May Rise as the Fed Maintains Hawkish Bias

The US Dollar is likely to rise as the Federal Reserve maintains a hawkish policy bias, dashing the markets’ hopes for reprieve. Follow-on risk aversion may boost the Yen.


from DailyFX - Feeds all https://ift.tt/2QEWoH2
via IFTTT

Gold Prices May Drop as Fed Disappoints Hopes for Dovish Pivot

Gold prices may drop as Federal Reserve officials disappoint hopes for a dovish turn in monetary policy, hinting that several rate hikes are still in cards for 2019.


from DailyFX - Feeds all https://ift.tt/2UVSBDu
via IFTTT

Asian Stocks Mixed As Markets Wait For Fed, USD Pressured

Investors think that the US central bank will raise rates once more on Wednesday, but stocks were supported by expectations of a more measured hiking pace ahead


from DailyFX - Feeds all https://ift.tt/2Lspovu
via IFTTT

USD/NOK Technical Analysis: Bullish Outlook for 2019

USD/NOK has broken the resistance of a 3-year trading range and the fundamental outlook appears to support a bullish direction for the pair heading into 2019.


from DailyFX - Feeds all https://ift.tt/2PN9nRI
via IFTTT

USD/PHP Prices May Extend Climb as USD/MYR and USD/IDR Fall

The Philippine Peso had its worst day against the US Dollar since May, USD/PHP could be vulnerable to reversing its dominant downtrend. Meanwhile USD/MYR and USD/IDR may turn lower.


from DailyFX - Feeds all https://ift.tt/2QJ2m9X
via IFTTT

A Critical Fed Decision’s Policy and Market Response Scenarios

The Federal Reserve is due to announce its final monetary policy decision of the year with forecasts of a 25 basis point hike priced in and speculation of three hikes through 2019 under serious scrutiny. What are the scenarios and market responses?


from DailyFX - Feeds all https://ift.tt/2QFw4fF
via IFTTT

Japanese Yen Technical Analysis: USD/JPY Wilts, Don’t Trust Move Yet

The Japanese Yen has staged a little fightback against the US Dollar, and it may well have further to run. However, it may be too late in the year to entirely trust this move


from DailyFX - Feeds all https://ift.tt/2QFsVfR
via IFTTT

AUD/USD Technical Analysis: Sellers Struggle for Follow-Through

Australian Dollar sellers are struggling to find follow-through after pushing the currency below support guiding the upswing from late October against its US counterpart.


from DailyFX - Feeds all https://ift.tt/2PNdrRJ
via IFTTT

Riksbank Likely to Delay Rate Hike as Political Gridlock Continues

Sweden’s Riksbank is likely to postpone hiking rates from December to February amid unprecedented political gridlock and slowing economic growth.


from DailyFX - Feeds all https://ift.tt/2Ex9COv
via IFTTT