EURUSD Muted Despite Negative Economic Outlook, Focus on Euro-zone GDP

Whilst Sterling remains Brexit focused, the EURUSD saw some muted downward pressure as traders remains focused on trade war developments. Euro-zone GDP to be released on Wednesday.


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Gold Prices Post Breakout of Downtrend from 2019 Peak

Gold prices continued to edge higher in the wake of the escalation of the US/China trade war with China announcing its retaliation.


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Yen May Resume Climb as German ZEW, Fed Comments Spook Markets

The anti-risk Japanese Yen may rally anew after a brief pullback as soft German ZEW data and fading Fed rate cut hopes spook already shell-shocked financial markets.


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Lackluster U.K. Employment Report to Drag on GBPUSD Rate

Updates to the U.K. Employment report may produce headwinds for the British Pound as the figures are anticipated to show a slowdown in both job and wage growth.


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FTSE 100 Outlook at Risk on Net-Long Positioning, Yen Down in Asia

The anti-risk Japanese Yen weakened as Asia markets trimmed losses. This dynamic may echo into the Euro Stoxx 50. But, the FTSE 100 is vulnerable on net-long positioning after clearing support.


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Crude Oil Prices May Fall as Market Mood Continues to Sour

Crude oil prices may fall alongside stocks if downbeat German ZEW data and comments signaling the Fed’s reluctance to cut interest rates keep markets on defense.


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SEK Volatility Ahead: CPI Data, US-China Trade War, ZEW Survey

The Swedish Krona is expected to be the second most volatile G10 currency in the week ahead as local CPI data prepares to cross the wires as the US-China trade war worsens.


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Australian Dollar Looks Past Weak NAB Survey To Key Labor Data

The Australian Dollar market is focused on this week’s official employment numbers, thanks to the RBA’s renewed emphasis on them. In the runup other data will struggle to move it.


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S&P 500 Gap, Recession Warning, Fed Cut Cue Follow Trade War Escalation

Trade wars escalation continued into the new trading week with China announcing its retaliation. Yet unlike Friday’s surprise restrain, the markets showed a severe example of the expected response.


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AUD/USD Chart Analysis: Targeting 0.67 After Critical Support Break

Australian Dollar chart positioning is warning of a drop to 0.67 against the currency’s US counterpart after prices broke below a key support level.


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ASX 200 Pressured on US-China Trade War But Key Support Holds

The ASX 200 was always likely to be in the eye of any storm caused by a breakdown of US-China trade talks. That said it still looks quite resilient in the context of this year’s impressive rise.


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AUD/USD Clears Support, USTR Posts Details of Extra $300b Tariffs

AUD/USD broke under critical support as the US and China escalated their trade war, sinking stocks. More could come yet as the USTR released specifics of additional $300b in levies.


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BRL Aiming at 7-Month Low, Ibovespa Futures Break Major Support

The Brazilian Real is facing increasing pressure as US-China trade tensions escalate while the Brazilian central bank prepares to release its meeting minutes.


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Currency Volatility: EURUSD in Crosshairs Ahead of ZEW, Tariffs

EURUSD implied volatility appears subdued in consideration of high-impact event risk surrounding economic data releases and Trump's auto tariff decision. What might this mean for spot prices?


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Bitcoin Price Rallies Amid Trade War, Crypto Adoption Headlines

Bitcoin revived its charge on reports systemic demand for digital coins is rising and headlines of trade wars pushed the cryptocurrency to its highest level since July 2018.


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USDCNH: Why 7.00 is the Spot to Watch in the US-China Trade War

As the US-China trade war rages, the 7.00 milestone in USDCNH will become an increasingly important level to watch as Chinese officials weigh their retaliatory options.


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Bitcoin Price Surge Takes Speculators by Surprise

Bitcoin jumps up after demand for digital coins go up, pushing the price higher than its 200-day moving average.


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GBPUSD: Traders Remain Net-Long Since May 06

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.


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EURUSD: Net-Short Positions Increased by 26.7% 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.


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Gold Price Chart: Topside Breakout Mirrors Collapsing Yields

Spot gold touched its highest level in a month after skyrocketing 1 percent to the $1,300 price level amid plummeting yields as investors flock to safe-havens.


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