Wednesday, 6 March 2019

Dow Jones Outlook: ECB Policy May Decide Index’s Next Move

The Dow Jones and other US equity markets will look to the European Central Bank on Thursday as the institution announces its stance on stimulus.


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EURUSD: Implied Volatility at 6-Week High as Traders Await ECB

Overnight implied volatility on EURUSD forex option contracts exploded to its highest level since Jan 23 as currency markets prepare for potentially formidable price action.


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AUD/USD Risks Run at Flash-Crash Low as RSI Snaps Bullish Formation

The AUD/USD rebound following the currency market flash-crash may continue to unravel over the coming days as the RSI snaps the upward trend from earlier this year.


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How to use the PPI in Forex Trading

The inflation rate can play an important role in determining the value of a country’s currency. Learn how PPI impacts forex markets.


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TLTROs – The ECB’s Other Stimulus Tool

The European Central Bank (ECB) needs to give the Euro-Zone economy a boost as growth continues to slow, while inflation slips further below target. A fresh round of TLTROs could well provide the reinvigorating shove that's required.


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GBPUSD Holding Support in British Pound Pullback: But for How Long?

Volatility has continued to flow in the British Pound following the pair’s rather impressive showing in the second-half of February.


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Trading the London Session: Guide for Forex Traders

The London session is one of the most liquid forex trading sessions. Learn how to trade it.


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EURUSD Holds Support Ahead of ECB; USDCAD Rallies to Two-Month-Highs

Two major rate decisions populate the economic calendar for the middle of this week, and the BoC has already spoken to markets: The ECB is on deck for tomorrow.


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USDCAD Soars After Bank of Canada Strikes Dovish Tone

The Bank of Canada stood firm on interest rates as expected, but USDCAD traded higher in response to a seemingly dovish shift in language from the central bank.


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AUDUSD Falls on Soft GDP, USDCAD at 2-Month Highs - US Market Open

The Aussie had been delivered a fresh blow after the Q4 GDP missed analyst estimates. USDCAD edges to 1.34 ahead of BoC. USDTRY rises post CBRT decision.


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Hawkish Bank of Canada (BoC) Forward-Guidance to Rattle USD/CAD Rally

The Bank of Canada (BoC) meeting may rattle the recent strength in USD/CAD if the central bank continues to endorse a hawkish forward-guidance for monetary policy.


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Technical Analysis for US & UK Crude Oil, Gold Price, Dow Jones & More

Crude oil is triangulating, gold is heavy, U.S. indices are at a decision point with the Dow having conflicting technicals.


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CAD Technical Analysis Overview: USDCAD, EURCAD, CADJPY

USDCAD prints 2-month highs , EURCAD upside showing sings of stalling, while CADJPY bearish turn persists.


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OECD Cuts Global Economic Growth Forecasts Again

The Paris-based OECD inter-governmental think tank argues that the global economy is slowing and will likely be weaker in nearly all G20 countries than previously expected.


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Gold Price Sell-Off Slows Ahead of US Data Releases

Gold has dropped around $60/oz. in the past two weeks as the US dollar, and a risk-on theme pushed the precious metal to six-week low. The US dollar remains strong, but Gold may be oversold.


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Downward Pressure on AUD May Persist After Disappointing GDP Data

From both technical and fundamental perspectives, the recent decline in AUDUSD looks set to continue as chances rise of an Australian interest-rate cut.


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Sterling (GBP) Price, Brexit News and Pivot Points Analysis

The British Pound remains rangebound as Brexit talks continue but Sterling’s implied volatility highlights price risks for the week ahead.


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Yen and US Dollar May Rise Further on OECD Outlook, BOC Rate Call

The Japanese Yen and US Dollar may continue to rise as an OECD forecast update and BOC policy decision stoke global slowdown fears and sour market sentiment.


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DAX 30 & CAC 40 Charts – Big-picture Price Pattern Remains Threat to Rally

The short-term outlook from a risk/reward perspective isn't very appealing on either side of the tape for the DAX and CAC, today we'll look at a couple of signposts to watch.


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Crude Oil Prices May Fall as OECD, BOC Feed Global Slowdown Fears

Crude oil prices may fall as an OECD economic outlook update and a Bank of Canada policy announcement stoke concerns about global economic slowdown.


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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...