Gold and crude oil prices may fall while the US Dollar attracts haven-seeking capital flows if a disappointing US GDP revision keeps investors in a downbeat mood.
from DailyFX - Feeds all https://ift.tt/2TZYumw
via IFTTT
Wednesday, 27 March 2019
Asian Stocks Mostly Lower As Focus Returns To Shrinkng US Yields
Asia Pacific equity endured another mixed and scrappy session Wednesday, with global growth worries looming large. The US Dollar made small gains, with its New Zealand cousin hit again
from DailyFX - Feeds all https://ift.tt/2YuPF2I
via IFTTT
from DailyFX - Feeds all https://ift.tt/2YuPF2I
via IFTTT
USD/MYR Outlook Bullish. USD/IDR, USD/PHP Inch Closer to Breakout
USD/MYR may be readying to turn higher on bullish technical warnings. Meanwhile, as USD/SGD sticks to consolidating, USD/IDR and USD/PHP are inching closer towards a breakout.
from DailyFX - Feeds all https://ift.tt/2V3cPuM
via IFTTT
from DailyFX - Feeds all https://ift.tt/2V3cPuM
via IFTTT
Dow’s Sidling Up for a Break, Dollar Gains Despite Itself, Brexit Headline Chaos
Risk trends are biding time until the next critical break for risk trends is made. In the meantime, the Dollar is taking advantage of its ‘counterpart’ appeal and the Pound is simply lost in the unchecked troubles of Brexit.
from DailyFX - Feeds all https://ift.tt/2V360JG
via IFTTT
from DailyFX - Feeds all https://ift.tt/2V360JG
via IFTTT
Currencies May See Wild Swings if Slow Growth Breaks CLO Market
Currency markets may be battered by breakneck volatility if a slowdown in global economic growth triggers a collapse in the fragile market for collateralized loan obligations (CLOs).
from DailyFX - Feeds all https://ift.tt/2CG0CoP
via IFTTT
from DailyFX - Feeds all https://ift.tt/2CG0CoP
via IFTTT
New Zealand Dollar Fades As ANZ Business Confidence Flops Again
The New Zealand Dollar was already on the defensive thanks to this week’s gloomy summing-up from it central bank. Weaker business confidence hit it further.
from DailyFX - Feeds all https://ift.tt/2YDYqrg
via IFTTT
from DailyFX - Feeds all https://ift.tt/2YDYqrg
via IFTTT
Currency Volatility: Data Could Spark EURJPY Price Action
EURJPY forex traders could see the currency pair gyrate tomorrow in response to upcoming economic data releases. What key levels should you watch for?
from DailyFX - Feeds all https://ift.tt/2FvK0k6
via IFTTT
from DailyFX - Feeds all https://ift.tt/2FvK0k6
via IFTTT
GBP Dives as UK Fails to Agree on Brexit Alternative. JPY May Rise
GBP/USD dived as the UK Parliament failed to reach a consensus for an alternative Brexit solution to Theresa May’s deal. The Yen may rise as Asia stocks follow Wall Street lower.
from DailyFX - Feeds all https://ift.tt/2HNcMAi
via IFTTT
from DailyFX - Feeds all https://ift.tt/2HNcMAi
via IFTTT
Dow Jones Outlook: Index Awaits US GDP on Shaky Ground
The Dow Jones will await Thursday’s release of annualized GDP data as US indices stand on a shaky fundamental backdrop and industrials stumble under pressure.
from DailyFX - Feeds all https://ift.tt/2U2gDjA
via IFTTT
from DailyFX - Feeds all https://ift.tt/2U2gDjA
via IFTTT
Oil Price Outlook: Crude Breakout Battles 60- WTI Trade Levels
Oil prices have stalled at four-month highs and leave the immediate rally vulnerable sub-60. Here are the targets & invalidation levels that matter on the WTI charts.
from DailyFX - Feeds all https://ift.tt/2Ow62Y3
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Ow62Y3
via IFTTT
Will GBP Rally Resume With PM Theresa May’s Resignation Offer?
Theresa May is said to step down from her position as UK's Prime Minister to get her Brexit deal across Parliament's finish line. The news could provide clarity to the previously-clouded path to Brexit and help push the British Pound higher.
from DailyFX - Feeds all https://ift.tt/2FGDLvf
via IFTTT
from DailyFX - Feeds all https://ift.tt/2FGDLvf
via IFTTT
Gold Prices Risk Larger Pullback as Fed Defends Wait-and-See Approach
Gold snaps the recent series of higher highs & lows, with the price for bullion at risk for a larger pullback as Fed officials defend the wait-and-see approach.
from DailyFX - Feeds all https://ift.tt/2I0lb2N
via IFTTT
from DailyFX - Feeds all https://ift.tt/2I0lb2N
via IFTTT
GBP/USD Technical Analysis: Eerily Calm - Remain Cautious
Cable (GBPUSD) has quieted down this week as a short-term range formation has built on the chart. That can be a dangerous formation to plot for continuation given the frenetic price action that was on display.
from DailyFX - Feeds all https://ift.tt/2V0lNci
via IFTTT
from DailyFX - Feeds all https://ift.tt/2V0lNci
via IFTTT
S&P 500 : Traders Net-Short Increased by 7.7% from Last Week
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.
from DailyFX - Feeds all https://ift.tt/2TD7bhp
via IFTTT
from DailyFX - Feeds all https://ift.tt/2TD7bhp
via IFTTT
EUR/USD: Traders Increase Net-Long Positions from Last Week
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.
from DailyFX - Feeds all https://ift.tt/2UY80TD
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UY80TD
via IFTTT
GBPUSD: Traders Net-Long Increased by 13.2% from Last Week
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.
from DailyFX - Feeds all https://ift.tt/2Osqnxq
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Osqnxq
via IFTTT
Bitcoin: 78.1% of Traders Are Net-Long
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Bitcoin-bearish contrarian trading bias.
from DailyFX - Feeds all https://ift.tt/2UhLlo3
via IFTTT
from DailyFX - Feeds all https://ift.tt/2UhLlo3
via IFTTT
The Bank of England: A Forex Trader’s Guide
Learn how the Bank of England’s (BOE) monetary policy affects the Pound Sterling (GBP)
from DailyFX - Feeds all https://ift.tt/2OszqP0
via IFTTT
from DailyFX - Feeds all https://ift.tt/2OszqP0
via IFTTT
Kiwi Price Outlook: NZD/USD Post-RBNZ Sell-Off Targets Yearly Support
Kiwi is off nearly 2% from the monthly highs on the back of the RBNZ rate decision. Here are the targets & invalidation levels that matter on the NZD/USD charts.
from DailyFX - Feeds all https://ift.tt/2YtFsDz
via IFTTT
from DailyFX - Feeds all https://ift.tt/2YtFsDz
via IFTTT
DJIA: Dow Bull Pennant Offers Clear-Cut Invalidation Level
A very strong January and February has seen the Dow spend most of March on its back foot. But is doom and gloom ahead, or are prices gearing up to rip around the Q2 open?
from DailyFX - Feeds all https://ift.tt/2FwMDCf
via IFTTT
from DailyFX - Feeds all https://ift.tt/2FwMDCf
via IFTTT
Subscribe to:
Posts (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....