Tuesday, 26 February 2019

Brexit and the Customs Union: What Leaving Could Mean for FX Traders

Explore the different custom unions and what it could mean for FX traders if the UK leaves the EU Customs Union.


from DailyFX - Feeds all https://ift.tt/2H2JuN0
via IFTTT

Fed Powell Testimony Reiterates Patience on Rate Hikes, USD Muted

The USD saw somewhat of a tepid reaction following Fed Chair Powell’s testimony which offered little in the way of new policy signals.


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

GBPUSD Gains on Brexit Delay, USDJPY Rejects 200DMA - US Market Open

The Pound is the notable outperformer this morning, hitting a 19-week high above 1.32, which saw EURGBP edge towards the lowest level since May 2017.


from DailyFX - Feeds all https://ift.tt/2H2elcl
via IFTTT

US Dollar Price Erosion Yet to Return into Triangle; Key Brexit Date Set

Geopolitical developments in all corners of the world have global financial markets in a state of trance on Tuesday.


from DailyFX - Feeds all https://ift.tt/2IEow9o
via IFTTT

Market Sentiment Still Positive Despite USD Weakness | Webinar

Financial market traders remain broadly confident even though the US Dollar remains under downward pressure and the oil price is off its recent highs.


from DailyFX - Feeds all https://ift.tt/2GL7KUs
via IFTTT

Technical Analysis for EURUSD, AUDNZD, Gold Price, S&P 500 & More

The tight trading range in EURUSD set to break very soon, AUDNZD path of least resistance remains lower, gold looking heavy, and the S&P coming off resistance.


from DailyFX - Feeds all https://ift.tt/2BOXG8D
via IFTTT

Sterling (GBP) Soars: No Deal Brexit Talk Sidelines BoE Testimony

Sterling is surging to multi-month highs as a No Deal Brexit becomes increasingly unlikely, pushing the latest BoE testimony to the Treasury Select Committee into the background.


from DailyFX - Feeds all https://ift.tt/2U9csyc
via IFTTT

DAX 30 & CAC 40 Charts Favor Sellers at this Juncture

The DAX and CAC are both at big resistance levels and with the U.S. markets also at their own respective levels, weakness is seen as a developing theme in the days ahead.


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

EURUSD Price: Analysis, Chart and Pivot Points

EURUSD has traded in a 365-basis point range since mid-October 2018 as volatility slows in the markets largest FX-pair. Inside this range, pivot point analysis can help identify daily support and resistance levels.


from DailyFX - Feeds all https://ift.tt/2H3Eibr
via IFTTT

Currency Carry Trade: What is it and how does it work?

Currency carry trades take advantage of the differences in two country's interest rates. Learn how to calculate and implement this strategy


from DailyFX - Feeds all https://ift.tt/2XmFw7r
via IFTTT

Crude Oil Analysis: Risk of Larger Drop if Trump Mulls Emergency Stockpile Release

Crude oil futures dropped as much as 3% yesterday after President Trump warned OPEC that oil prices are getting too high. Consequently, weakening oil related currencies, including CAD and NOK.


from DailyFX - Feeds all https://ift.tt/2Ssa982
via IFTTT

Yen and US Dollar May Rise on Powell Comments, Pound Eyes Carney

The Yen and US Dollar may rise as Fed Chair Powell stokes rate hike bets and sours risk appetite. The British Pound is eyeing comments from BOE Governor Carney.


from DailyFX - Feeds all https://ift.tt/2U645DC
via IFTTT

GBP Price Outlook: Sterling Technically Positive, Brexit Optimism Rises

The British Pound is in a good position technically to extend its recent gains as a delay to the March 29 Brexit date becomes increasingly likely.


from DailyFX - Feeds all https://ift.tt/2tMA2FL
via IFTTT

EURGBP: Critical Support Nears as Sterling Rallies

EURGBP is within touching distance of hitting levels last seen in May 2017 as the Sterling strength drives the pair lower.�


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

Crude Oil, Gold Prices May Fall on Fed Chair Powell Testimony

Crude oil and gold prices may fall if Congressional testimony from Federal Reserve Chair Jerome Powell lifts the US Dollar.


from DailyFX - Feeds all https://ift.tt/2IBKn1l
via IFTTT

Monday, 25 February 2019

Stocks Eye Powell Testimony, Technical Signs Hint S&P 500 May Top

Asia Pacific stocks fell as upside momentum on upbeat US-China trade news dissipated. Markets eye Fed Chair Jerome Powell as technical warning signs hint the S&P 500 may top.


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

SEK Eyeing Consumer Confidence, GDP, Manufacturing PMI, EU Data

The Swedish Krona will be on the lookout for key domestic economic indicators during a week of high event risk in Europe and the US.


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

ASX 200 Technical Analysis: Can Bulls Hold Their Upside Break?

The ASX 200 has crept into what could be an important trading range on the road higher, but seems to have lost a bit of vigor in the process.


from DailyFX - Feeds all https://ift.tt/2Sr9TpB
via IFTTT

S&P 500 Jumps on News of Trump’s Trade War Delay but Where’s the Follow Through?

This week has kicked off with incredible headlines on trade wars and Brexit, but you wouldn’t know it from the S&P 500 or Pound alone. Speculation is skewing the market’s focus and response.


from DailyFX - Feeds all https://ift.tt/2EeH1fd
via IFTTT

EUR/USD at Risk from Eurozone PMI, US Data, Fed Testimony?

EUR/USD may be vulnerable to Friday’s release of manufacturing PMI out of key Eurozone economies and comments from the Fed Chairman’s congressional testimonies this week.


from DailyFX - Feeds all https://ift.tt/2Vnbpv4
via IFTTT

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...