Top 5 Events: June RBA Rate Decision & AUDUSD Price Forecast

The Reserve Bank of Australia meets on Tuesday, June 4 at 04:30 GMT; rates markets are pricing in a 93% chance of a 25-bps rate cut.


from DailyFX - Feeds all http://bit.ly/2WzFYS9
via IFTTT

S&P 500 Outlook: Investors Flee Risky Corporate Debt Amid Rout

The HYG ETF registered its largest outflow in 2019 thus far, suggesting investors are becoming increasingly concerned with the state of the S&P 500.


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

Central Bank Weekly: What Can the Fed, ECB and BOJ do to Offset Trade Wars?

Due to differences in economies and market structures, different central banks will approach trade wars with different tactics.


from DailyFX - Feeds all http://bit.ly/2W0a4Ko
via IFTTT

Kiwi Weekly Price Outlook: New Zealand Dollar Grinds at Support

Kiwi collapsed more than 6% from the yearly highs with price now testing support into the monthly close. These are the levels that matter on the NZD/USD weekly chart.


from DailyFX - Feeds all http://bit.ly/2W1VnGB
via IFTTT

Gold Price Bullish Breakout Begins amid Topside Range Breach

Gold 1-month implied volatility hit a fresh all-time closing low yesterday, but Gold prices have stopped falling. A bullish sign for bullion?


from DailyFX - Feeds all http://bit.ly/2W7aBdq
via IFTTT

Japanese Yen Soars, Mexican Peso Plummets, Crude Oil Prices Slammed - US Market Open

The Mexican Peso plunged overnight after President Trump surprised markets through announcing that the US will place 5% tariffs on all Mexican goods.


from DailyFX - Feeds all http://bit.ly/2YX8dYH
via IFTTT

USD/CHF Price Forecast: Bearish Trend to Continue on Break Below 1.0008

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

US Dollar Price Outlook in EUR/USD, GBP/USD and USD/CAD

The US Dollar put in gains each day of this week Monday-Thursday; but that strength has been unevenly distributed across EURUSD, GBPUSD and USDCAD.


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

Dollar Coiling; Euro, Pound, and Silver Price Charts for Next Week

In today's look-ahead to next week we looked at the coiling price action in the USD index; charts of several of the major currencies as well as gold price.


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

EURUSD Regains Some Strength, Bond Yields Signal a Recession

The EURUSD has pushed past the 1.1140 resistance line but traders will be eyeing German CPI and US PCE Core figures to strengthen their position. Worries about a recession have pushed long-term government yields around the world to the lowest level in years.


from DailyFX - Feeds all http://bit.ly/2W01tra
via IFTTT

Gold Price Outlook: Bullish Breakout Gathers Pace, Fed Opening Door to Rate Cut

Gold prices have continued its bullish momentum, break of key pivotal resistance needed to extend gains. Fed may be opening the door to a rate cut.


from DailyFX - Feeds all http://bit.ly/2Mj4Big
via IFTTT

FTSE 100 Outlook – Looking to Break the 200-day, Pattern Neckline

The FTSE is currently testing a big area, with a break seen as leading the index towards several layers of support lower.


from DailyFX - Feeds all http://bit.ly/2I89W6K
via IFTTT

Crude Oil Prices May Fall Further on Trade Wars, Oversupply Fears

Crude oil prices may continue to fall after hitting a three-month low as trade war escalation weighs on the outlook for demand even as US inventories swell.


from DailyFX - Feeds all http://bit.ly/2I7POSd
via IFTTT

Euro Braces for Italy GDP, Political Peril: Snap Election Ahead?

The Euro will be nervously eyeing Italian GDP as Rome and Brussels spar over budget rules and political-infighting may lead to a snap election.


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

Nikkei 225 Sinks With Mazda Stock, Wall Street Faces Volatility

The Nikkei 225 was weighed down by automotive shares such as Mazda Motor Corp. The US threatened tariffs on Mexico. Risk aversion may fuel volatility, but Fed rate cut bets may calm stocks.


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

EURUSD Chart Analysis: Euro at Trend-Defining Support - Now What?

The Euro is testing pivotal support above the 1.11 figure against the US Dollar once again, with performance here likely to be decisive for the broader price trend.


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

USD Aims Up as Trade Wars Fuel S&P 500 Volatility. Fed Cut Ahead?

The US Dollar may rise as trade war fears creep higher, fueling S&P 500 volatility and demand for safe havens. The Fed helped equities bottom last year, will it save the day again?


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

Dow Struggles for Follow Through on Key Break, Dollar’s Climb Defies Gravity

After making a critical break lower, the US equity indices have prompted frustration and confusion by stalling immediately in their effort to developing a bearish trend. Perhaps trade wars and growth concerns will provoke follow through.


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

BRL Eyeing Unemployment, Debt Data After GDP Boosts Local Stocks

The Brazilian Real and benchmark Ibovespa equity index will be closely watching the release of local unemployment and debt data after GDP surprised markets.


from DailyFX - Feeds all http://bit.ly/2EL3Rw7
via IFTTT

AUDUSD Slides As China Manufacturing PMI Returns To Contraction

The Australian Dollar came under yet more pressure on news that Chinese manufacturing output fell in May, ending a tenative recovery


from DailyFX - Feeds all http://bit.ly/2QIQnG9
via IFTTT