Amid disappointing inflation figures and no clear evidence that the US government shutdown is ending anytime soon, the greenback has surged seemingly out of nowhere this morning.
from DailyFX - Feeds all http://bit.ly/2D3OE96
via IFTTT
Friday, 11 January 2019
GBP Rollercoaster on Potential Brexit Delay - US Market Open
GBP jumps on reports suggesting Article 50 extension, however, the rise had been pared marginally after PM Spokeswoman rules out extension.
from DailyFX - Feeds all http://bit.ly/2FmfThy
via IFTTT
from DailyFX - Feeds all http://bit.ly/2FmfThy
via IFTTT
Slowing U.S. Consumer Price Index (CPI) to Fuel EUR/USD Breakout
Updates to the U.S. Consumer Price Index (CPI) may fuel the recent breakout in EUR/USD as the headline reading is projected to slow to 1.9% from 2.2% in November.
from DailyFX - Feeds all http://bit.ly/2QFHWJN
via IFTTT
from DailyFX - Feeds all http://bit.ly/2QFHWJN
via IFTTT
Charts for Next Week: EUR/USD, Yen-crosses, Gold Price, Crude Oil & More
The Euro is in breakout territory and looking to extend, a couple of JPY-crosses are at resistance levels worth noting, gold holding strong, and crude oil looking to pull back off resistance.
from DailyFX - Feeds all http://bit.ly/2RpaKf1
via IFTTT
from DailyFX - Feeds all http://bit.ly/2RpaKf1
via IFTTT
EURUSD Price Outlook: Unable to Make a Decisive Break Higher
EURUSD continues to struggle to make a conclusive break above an important technical indicator and needs a positive fundamental jolt to move higher.
from DailyFX - Feeds all http://bit.ly/2CcHZaU
via IFTTT
from DailyFX - Feeds all http://bit.ly/2CcHZaU
via IFTTT
FTSE Chart Analysis – Rally Becoming Extended as Resistance Shows Up
The bounce in the FTSE off the lows has it propelling towards trend-line resistance, looking due for a pullback soon.
from DailyFX - Feeds all http://bit.ly/2QFOt7g
via IFTTT
from DailyFX - Feeds all http://bit.ly/2QFOt7g
via IFTTT
Sterling (GBP) Ignores UK GDP Data, Eyes Brexit Bill Vote
The UK economy grew by 0.3% in the three months to November 2018 with manufacturing and car production holding the economy back.
from DailyFX - Feeds all http://bit.ly/2VJ0nku
via IFTTT
from DailyFX - Feeds all http://bit.ly/2VJ0nku
via IFTTT
Crude Oil Price Outlook: Resistance Broken, Further Gains Ahead
Oil’s bull run continues with Brent crude taking out a noted level of resistance and pushing back to levels last seen in early December.
from DailyFX - Feeds all http://bit.ly/2FmYtBk
via IFTTT
from DailyFX - Feeds all http://bit.ly/2FmYtBk
via IFTTT
AUDUSD Rises on Fed Doves and Trade War Optimism, However, Downtrend Remains Intac
The Australian Dollar has continued its rise against the greenback amid the continued optimism surrounding trade wars, while Fed-induced USD strength continues to unwind.
from DailyFX - Feeds all http://bit.ly/2QEVyF4
via IFTTT
from DailyFX - Feeds all http://bit.ly/2QEVyF4
via IFTTT
Thursday, 10 January 2019
NZD/USD Technical Analysis: NZ Dollar Upswing May Soon Fizzle
The New Zealand Dollar has mounted a spirited recovery against its US counterpart but near-term chart positioning hints downtrend resumption may be brewing ahead.
from DailyFX - Feeds all http://bit.ly/2skSuUT
via IFTTT
from DailyFX - Feeds all http://bit.ly/2skSuUT
via IFTTT
US Dollar May Extend Recovery on Firm CPI Report
The US Dollar may extend yesterday’s Fed-inspired recovery as December’s CPI data argues against the dramatic drop in rate hike expectations.
from DailyFX - Feeds all http://bit.ly/2QBMReY
via IFTTT
from DailyFX - Feeds all http://bit.ly/2QBMReY
via IFTTT
Asian Stocks Mostly Catch Wall St Optimism, US CPI Up Next
Most Asian Stocks got a predictable boost from the five-day US winning streak that greeted traders returning to the fray on Friday
from DailyFX - Feeds all http://bit.ly/2H4Lu8Q
via IFTTT
from DailyFX - Feeds all http://bit.ly/2H4Lu8Q
via IFTTT
USD/BRL May Jump on Brazilian CPI Data - Policy Reform in Focus
USD/BRL could see an uptick upon the release of Brazilian CPI data that may fall short of economists’ expectations. The new government’s policy reforms will be in focus for BRL bulls.
from DailyFX - Feeds all http://bit.ly/2SMGCa0
via IFTTT
from DailyFX - Feeds all http://bit.ly/2SMGCa0
via IFTTT
Fed-Induced Crude Oil Price Rise at Risk as China, US Demand Ebbs
The rally in crude oil prices, the best winning streak since 2012, is undermined by economic weakness in China and slowing growth in the US. They are the largest consumers of oil.
from DailyFX - Feeds all http://bit.ly/2VJONpq
via IFTTT
from DailyFX - Feeds all http://bit.ly/2VJONpq
via IFTTT
Dubious of EURUSD’s Breakout, Should I Fade It?
EURUSD finally cleared a multi-month range with explicit technical implications, but the breakout appeal this pattern may harbor for many is proving
from DailyFX - Feeds all http://bit.ly/2FmkArn
via IFTTT
from DailyFX - Feeds all http://bit.ly/2FmkArn
via IFTTT
Dow and Dollar in Holding Pattern as US Government Shutdown Matches the Record
Risk trends and US indices are still pointing higher despite the threat from the US government shutdown and trade wars. How long can this charge last, and why isn’t the Dollar suffering by association?
from DailyFX - Feeds all http://bit.ly/2Fpsi3l
via IFTTT
from DailyFX - Feeds all http://bit.ly/2Fpsi3l
via IFTTT
USD/SEK Held Steady After Riksbank Minutes Released - Look Ahead
USD/SEK remained calm after Sweden’s central bank released its minutes from the December policy meeting. Riksbank officials are generally cautious and favor a gradualist approach.
from DailyFX - Feeds all http://bit.ly/2D23PiS
via IFTTT
from DailyFX - Feeds all http://bit.ly/2D23PiS
via IFTTT
Crude Oil and Gold Prices May Fall on US Inflation Data
Crude oil and gold prices may succumb to selling pressure as US inflation data boosts Fed rate hike bets, sending the US Dollar broadly higher.
from DailyFX - Feeds all http://bit.ly/2QEnKrE
via IFTTT
from DailyFX - Feeds all http://bit.ly/2QEnKrE
via IFTTT
EUR/GBP Technical Analysis: Can Rising Support Revive Uptrend?
A rising trend line may guide EUR/GBP prices above its range-bound horizontal channel, outer boundaries of resistance is around 0.91102. Conversely, support appears to be at 0.89040.
from DailyFX - Feeds all http://bit.ly/2D3EbdJ
via IFTTT
from DailyFX - Feeds all http://bit.ly/2D3EbdJ
via IFTTT
Fed Lifts Stocks, US Dollar. AUD/USD, ASX 200 Prices May Climb
Fed Chair Jerome Powell lifted the S&P 500 after a lack of details on the US-China trade talks nearly soured the markets. AUD/USD prices, ASX 200 may extend bullish reversals.
from DailyFX - Feeds all http://bit.ly/2AFbp1c
via IFTTT
from DailyFX - Feeds all http://bit.ly/2AFbp1c
via IFTTT
Subscribe to:
Comments (Atom)
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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....