How Monetary and Fiscal Policy Can Amplify or Stave Off Crises

During the Great Recession, governments and central banks worldwide moved to reverse the collapse of the global economy. Here’s how fiscal and monetary policy cancounter – or worsen – economic slumps.


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GBP Sterling Price Outlook: GBP/JPY Exhausted Bearish Momentum

After printing its lowest level in over five months GBP/JPY stuck in a sideways move. Here are the key chart points the buyers may consider for a possible start of an upside trend.


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Canadian Dollar Technical Analysis Overview: USDCAD, CADJPY

USDCAD could extend losses towards 2019 low on a break below 200WMA, while CADJPY faces key resistance zone as bearish pressure abates.


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Dow Jones, S&P 500, and Nasdaq 100 Technical Analysis

Stocks have come off a bit since trading around record levels; keeping rolling lower or turn back higher?


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US Dollar, Stocks Eye Fed Financial Stress Test, Iran Tension

The US Dollar and stocks will be closely waiting for the results of the Fed’s annual bank stress test to see if underlying vulnerabilities are posing a systemic risk. US tensions with Iran are expected to escalate.


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Stocks Rise on US-China Trade Truce? INR at Risk, Trump Eyes India

The Nikkei 225 and Shanghai Composite rallied on bets of a US-China trade truce, but Trump is turning his attention to India which risks sinking the Rupee. US Dollar may rise ahead.


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Philippine Peso, Singapore Dollar Nearing Trend-Defining Support

The Philippine Peso and Singapore Dollar are a step closer towards testing major trend-defining support. As USDINR looks to resume its downtrend, USDMYR is stuck within its own.


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NZDUSD Rate Breaks Out of Monthly Opening Range Following RBNZ

NZDUSD stands at risk for a larger correction following the Reserve Bank of New Zealand (RBNZ) meeting as the exchange rate breaks out of the monthly opening range.


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USD/JPY Downtrend Dominates But Could Face Near-Term Test

The Japanese Yen remains in the ascendant over the US Dollar but fundamental risk appetite could see that challenged in coming sessions.


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NZD Slips As ANZ Survey Shows Business Confidence Hit Again

The New Zealand Dollar was pressured by news that businesses in its home country are still feeling pretty gloomy about their prospects, a situation that now looks deeply entrenched


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Gold Price Rally Stalls as Fed Officials Endorse ’Insurance Cut’

The near-term rally in the price of gold appears to have stalled as Federal Reserve officials endorse an “insurance cut” amid the ongoing shift in US trade policy.


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BRL, Ibovespa Eye Inflation Data - Will it Tilt the BCB’s Outlook?

The Brazilian Real and benchmark Ibovespa equity index will have their eyes on the FGV inflation data to see whether an underperformance will fuel rate cut expectations.


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Near-term Trade Setups in USD/CAD and NZD/USD

An update on near-term trade setups we've been tracking in Loonie (USD/CAD) and Kiwi (NZD/USD). These are the targets and invalidation levels that matter this week.


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Loonie Weekly Price Outlook: USD/CAD Breakdown Targets Yearly Lows

Loonie is on a tear with and outside-weekly reversal off resistance last week now probing four-month lows. These are the levels that matter on the USD/CAD weekly chart.


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Platinum Price Key Resistance Levels to Watch

Last week Platinum created a Higher high, nonetheless continued trendless. Here are the key chart points to consider for a possible start of a bullish trend


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US Dollar Price Action Setups in EUR/USD, GBP/USD, USD/JPY, AUD/USD

The US Dollar has caught a bid after what became a brutal month of June. With the Q3 open now just around the corner, can USD bears continue to push?


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Oil Price Chart: Crude Rally Rips into Key Resistance - Trade Levels

Oil prices are attempting a seventh consecutive daily advance with crude now approaching critical resistance. Here are the levels that matter on the WTI price chart.


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EURUSD Eyes 200DMA, USD Bounce May be Temporary - US Market Open

USD remains firm as uber-dove Bullard reigns in expectations of a 50bps Fed rate cut. Euro eyes 200DMA, while NZD gains as RBNZ maintains OCR at 1.5%.


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Gold Price Outlook: Gold Snaps Back from Highs, Support in Sight

Gold prices have had a strong month of June. But, resistance has finally come into play that might elicit a deeper pullback. Might the pullback become something more?


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USDJPY: Net-Long Positions Continue to Increase

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias.


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