EUR/GBP Eyeing Range Ceiling Again as Euro and Pound Consolidate

EUR/GBP rose on key support as the Euro gained following bullish technical and sentiment signals, but it remains in a consolidation mode between 0.8472 and 0.8698 since February.


from DailyFX - Feeds all http://bit.ly/2Vslew4
via IFTTT

Upbeat U.K. GDP Report to Curb GBP/USD Losses

Updates to the U.K. Gross Domestic Product (GDP) report may spark a rebound in GBP/USD as the growth rate is expected to pick up from the last three-months of 2018.


from DailyFX - Feeds all http://bit.ly/308rfMZ
via IFTTT

GBP Eyes UK GDP - EUR/USD Watches EU Industrial Data, US CPI

Sterling will be watching UK GDP, though its impact may be limited by headline risk posed by Brexit. European industrial production and US CPI will key EUR/USD traders on their toes.


from DailyFX - Feeds all http://bit.ly/2VdKqBl
via IFTTT

USDNOK Uptrend Continues Despite Hawkish Norges Bank, US CPI Next

USD/NOK initially sunk following the Norges Bank rate decision and commentary, but the pair quickly recovered and resumed their dominant uptrend. Next up: US CPI.


from DailyFX - Feeds all http://bit.ly/2PT0843
via IFTTT

Most Asian Stocks Hold Up Despite US Tariff Move, Trade Talks Eyed

Friday was really all about US/China trade for Asia Pacific stock markets. The Reserve Bank of Australia’s monetary policy statement provided a momentary diversion.


from DailyFX - Feeds all http://bit.ly/2vXYk0B
via IFTTT

Dollar, Yuan, S&P 500 and Emerging Markets Hold Breath for Trade Wars

Trade wars are the market’s principal concern heading into the close of the week – and it is likely to remain a top issue into next week. Watch the indices, Dollar, Pound and Loonie for volatility ahead.


from DailyFX - Feeds all http://bit.ly/308fNku
via IFTTT

Crude Oil Prices Attempt Resistance Breakout, Gold Eyeing US CPI

Crude oil prices are attempting to clear resistance on US-China trade deal bets, gold prices eye US CPI data while sentiment signals hint of a bearish XAU/USD contrarian trading bias.


from DailyFX - Feeds all http://bit.ly/2vMM4zL
via IFTTT

Australian Dollar Drifts Upwards Despite RBA GDP, CPI Downgrades

The Australian Dollar rose slightly after an RBA Monetary Policy Statement which, while hardly upbeat, was probably a shade less dovish than the market.


from DailyFX - Feeds all http://bit.ly/2HhVetA
via IFTTT

Oil Price Forecast: Bullish Momentum Abates Ahead of OPEC Meeting

The price of crude oil stands at risk for a larger pullback ahead of the OPEC meeting on May 19 as the bullish momentum abates.


from DailyFX - Feeds all http://bit.ly/2YirC62
via IFTTT

AUD/USD, NZD/USD, GBP/JPY Trends Await Final Hour of Trade Talks

AUD/USD, NZD/USD and GBP/JPY are eyeing the final hour of US-China trade talks, with US tariffs on roughly $200b in Chinese imports set to increase from 10% to 25% around 4:00 GMT.


from DailyFX - Feeds all http://bit.ly/2JhyNYX
via IFTTT

Currency Volatility: USDJPY, GBPUSD and USDCAD in Focus

Implied volatility for USDJPY remains bid owing to the latest trade war uncertainty while upcoming economic data highlights the British Pound and Canadian Dollar.


from DailyFX - Feeds all http://bit.ly/2HaKLB0
via IFTTT

Dow Jones, S&P 500, Nasdsaq 100 Price Outlook

After a rebound into Thursday’s close, here are the price levels to watch for the Dow Jones, S&P 500 and Nasdaq 100 ahead of the US-China trade war deadline.


from DailyFX - Feeds all http://bit.ly/2HcdTH6
via IFTTT

Trade War Tension and the Impact on the FX Carry Trade

With recent drops in the global equity market, carry trades may be affected further.


from DailyFX - Feeds all http://bit.ly/2VeelcT
via IFTTT

Sell in May and Go Away: Should You Sell Stocks in the Dow?

"Sell in May and go away" is a stock market anomaly adopted by investors due to historically low equity returns during the summer months of May through September recorded in the Dow Jones Index.


from DailyFX - Feeds all http://bit.ly/2VuoqHt
via IFTTT

S&P500 correcting in wave 4 pullback?

With the S&P500 recently making slight new highs, investors and traders are beginning to wonder if a correct is about to begin.


from DailyFX - Feeds all http://bit.ly/2LMospZ
via IFTTT

Stocks Rebound After Trump Comments Spur US-China Trade War Optimism

US stocks mounted a recovery effort in afternoon trading after a series of comments from President Trump offered optimism that the US-China trade war may still find a resolution ahead of Friday’s deadline.


from DailyFX - Feeds all http://bit.ly/2VsgeaQ
via IFTTT

Crude Oil Price Congests After 60 Support, Can Bears Make a Mark?

Crude Oil prices have calmed after a rally of more than 50% from the lows. The bigger question is whether this is a pullback or the start of a reversal.


from DailyFX - Feeds all http://bit.ly/2Lz61EP
via IFTTT

Gold Price & Silver Outlook Still Favors Sellers

Precious metals continue to trade heavy as confluent resistance stands in the way for gold price, silver has its own angle of resistance standing in its way as well.


from DailyFX - Feeds all http://bit.ly/2Lz3FWv
via IFTTT

USDJPY Price Chart Tests Support Amid Trade War Uncertainty

The sharp selloff in USDJPY owing to heightened trade war risks has pushed spot prices below the 110.00 handle where critical support is now being tested.


from DailyFX - Feeds all http://bit.ly/2WBlPZ0
via IFTTT

US Trade Falls to a Deficit with Canada, Exports to China Increase

The US trade balance with Canada fell from a surplus to a deficit in March as exports fell and imports increased as the new USMCA deal faces resistance alongside the US-China trade deadline.


from DailyFX - Feeds all http://bit.ly/2DUIJ5Z
via IFTTT