Relatively Dovish Fed Catches US Dollar Off Guard, China PMI Next

An increasingly cautious and relatively dovish Fed sunk the US Dollar and bolstered the S&P 500 and Dow Jones. Softer Chinese Manufacturing PMI leaves AUD/USD, Asia stocks at risk.


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Gold Extends Bullish Series as FOMC Defends Larger Balance Sheet

Gold prices may continue to catch a bid following the Fed meeting as the precious metal extends the series of higher highs & lows from earlier this week.


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Facebook Stock Price Soars on Earnings Beat, Microsoft Misses

FANG member Facebook reported an earnings beat across the board Wednesday, sending shares 10% higher in after-hours trading.


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FOMC Leaves Rate Range Unchanged, Dollar Looks to Powell Presser

The US government shutdown will have a direct impact on how the Federal Reserve operates at the start of 2019.


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US Dollar Set to Be the Rudder of Risk Sentiment Post FOMC | Podcast

All eyes are on USD in the wake of the January FOMC meeting while developments in China could lead to further PBoC accommodation and credit spreads in Europe poor cold water on imminent contagion fears. All of this and more are covered on the DailyFX Podcast, Trading Global Markets Decoded.


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Canadian Dollar Price Outlook: USD/CAD to Threaten January Lows

The US Dollar remains at risk for further losses heading into major event risk this week. Here are the targets & invalidation levels that matter on the USD/CAD charts.


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FOMC Preview: EUR/USD Outlook Hinges on Fed Balance-Sheet Reduction

It remains to be seen if the Federal Open Market Committee (FOMC) will adjust the $50B/month in quantitative tightening (QT) amid little to no signs of a recession.


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US Dollar Steady ahead of January FOMC Meeting; US-China Trade Talks

The US government shutdown will have a direct impact on how the Federal Reserve operates at the start of 2019.


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AUD Soars on CPI, Gold Eyes Fed Meeting - US Market Open

The Aussie is soaring this morning following better than expected CPI data. Modest gains for the Pound today as markets assess Brexit developments.


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US Dollar (USD) Faces a Pivotal Few Days Including FOMC & NFPs

The US dollar index (DXY) remains in a tight range around the long-term moving average and with US GDP, the latest FOMC meeting and the Labour report on Friday, sharp breaks should not be discounted.


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Technical Forecast for Gold Price, Crude Oil, Dow Jones, DAX 30 & More

Gold is trading around a critical area, oil continues to consolidate, while indices maintain bids near resistance levels.


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Gold Price Analysis: FOMC May Spark Short-Term Pullback

Gold bulls expecting further upside in the short term could be left temporarily disappointed if the Fed is less dovish than what the markets expect.


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Eurozone Sentiment Misses Forecasts, EUR Shrugs

Various measures of sentiment in the Eurozone have come in mostly lower than expected but EURUSD has been little affected and will likely be driven by the USD side of the equation.


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Gold & Silver Price Analysis – Rallies Extending into Important Zones

The recent shot higher by precious metals has them trading around important longer-term resistance zones.


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GBPUSD Outlook Positive After Drop on Concerns About a No-Deal Brexit

Sterling was hit hard Tuesday by a perceived increase in the chances of a no-deal Brexit but has since stabilized and could well rally from here.


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EURGBP: Bearish Bias Remains Intact Despite Rebound

1. EURGBP retains a negative bias for now although an important technical resistance level nears. A break higher changes sentiment.

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Crude Oil Prices May Focus on US, China Trade Talks for Direction

Crude oil prices may focus on US-China trade talks for direction cues amid a deluge of event risk including an FOMC rate decision and US GDP data.


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Asian Stocks Mixed As Investors Look To Trade Talks, Key Fed Meet

Asian shares put in a rather directionless mid-week performance which is perhaps not surprising given ths still-full economic calendar


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Brexit Votes Leave Pound Lower, Dow and Dollar Ready for Fed

The fundamental fireworks are only starting. We have already started the ball rolling through themes and high level event risk, but can the pressure from a EURUSD override oppression congestion?


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AUD/USD in Focus as Chinese Delegation Arrives in Washington

AUD/USD will be closely watched as Chinese Vice Premier Liu He and US officials meet to negotiate trade relations. This is also occurring against the backdrop of the Huawei scandal.


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