Dollar Hits a 2-Year High and Then Stumbles - Pause Or True Reversal?

Between headlines of a Fed rate hike and President Trump upping the ante in the US trade war with China, the Dollar would see a bullish breakout turn into a precarious hold against a full-scale reversal.


from DailyFX - Feeds all https://ift.tt/2yvz9Ui
via IFTTT

S&P 500, DAX Fundamental Forecast

S&P 500 left disappointed by not so dovish Fed, while DAX posts largely daily drop this year as Trump escalates US-Sino trade tensions.


from DailyFX - Feeds all https://ift.tt/2KoHuhR
via IFTTT

Oil Price Outlook: Crude Plummets to Six Week Low– WTI Trade Levels

Oil prices pared a portion of the steep loses seen earlier this week with crude holding just above support. Here are the levels that matter on the WTI weekly chart.


from DailyFX - Feeds all https://ift.tt/2GFtfnN
via IFTTT

Euro Groans as Italian Politics May Once Again Take Center Stage

Euro traders may start feeling queasy as the specter of Italian politics may haunt Europe again against the backdrop of critical EU data releases and worsening US-China trade relations.


from DailyFX - Feeds all https://ift.tt/2YET4um
via IFTTT

Weekly US Dollar Forecast: Trump Tariffs Escalate US-China Trade War, Boost Fed Rate Cut Odds

Even as the Federal Reserve opted for only a 25-bps rate cut, tectonic shifts in the US-China trade war have raised expectations of another rate cut at the next policy meeting.


from DailyFX - Feeds all https://ift.tt/2yBzo0c
via IFTTT

Fed Rhetoric to Influence Gold Prices as Trump Boosts Tariffs on China

Upcoming comments from Federal Reserve officials may influence gold prices as the trade truce between the US and China comes to an end.


from DailyFX - Feeds all https://ift.tt/2YAaAA1
via IFTTT

S&P 500, DAX & FTSE Technical Outlook for Week Ahead

Stocks look headed for more pressure in the week ahead, but there are levels not too far below that may help put in a bounce.


from DailyFX - Feeds all https://ift.tt/2ZpviUE
via IFTTT

Forex Economic Calendar Week Ahead: RBA Meeting; RBNZ Meeting; UK GDP & More

The first full week of August will feature two rate decisions, two GDP releases, and a labor market report that should all generate volatility in FX markets.


from DailyFX - Feeds all https://ift.tt/333oBtD
via IFTTT

Euro Outlook: EUR/USD Breakout Lacks Confirmation Unlike EUR/JPY

The EUR/USD downside breakout could use more technical confirmation as the Euro positions itself for potential gains against the Dollar while the EUR/JPY dominant downtrend resumes.


from DailyFX - Feeds all https://ift.tt/2M4O3K7
via IFTTT

Crude Oil Weekly Forecast: Curbed by Trump’s Tariffs, Growth Fears

The price of US crude oil fell by nearly 8% (high/low) Thursday after US President Donald Trump announced that he will apply a 10% tariff to $300 billion of Chinese imports on September 1.


from DailyFX - Feeds all https://ift.tt/2OFfU5w
via IFTTT

Beware a S&P 500 and Dollar Tumble as Trade Wars Escalate

This past week ended in a precious position: the markets were starting to gain traction on a reversal in risk trends and the principal threats were only building. Beware trade wars and the state of risk appetite this week.


from DailyFX - Feeds all https://ift.tt/2KoEBO2
via IFTTT

FX Week Ahead - Top 5 Events: July Canada Jobs Report & USD/CAD Rate Forecast

The July Canada jobs report is due out on Friday, August 9 at 12:30 GMT, and the data are expected to show another solid pickup in the labor market.


from DailyFX - Feeds all https://ift.tt/2MBWGez
via IFTTT

FX Week Ahead - Top 5 Events: Q2’19 Japan GDP & USD/JPY Rate Forecast

The Q2’19 Japan GDP report is due out on Thursday, August 8 at 23:50 GMT, and the data are expected to show a sharp slowdown in growth.


from DailyFX - Feeds all https://ift.tt/337MlwM
via IFTTT

FX Week Ahead - Top 5 Events: August RBNZ Meeting & NZD/USD Rate Forecast

The Reserve Bank of New Zealand meets on Wednesday, August 7 at 02:00 GMT; rates markets are pricing in a 99% chance of a 25-bps rate cut.


from DailyFX - Feeds all https://ift.tt/2Kfm34i
via IFTTT

FX Week Ahead - Top 5 Events: August RBA Meeting & AUD/USD Rate Forecast

The Reserve Bank of Australia meets on Tuesday, August 6 at 04:30 GMT; rates markets are pricing in a 91% chance of the main rate staying on hold.


from DailyFX - Feeds all https://ift.tt/2T62PAL
via IFTTT

Nasdaq 100 Price Outlook: Unfilled Gaps Threaten the Index’s Rally

An escalation in the US-China trade war has put the tech-heavy Nasdaq 100 at risk and unfilled gaps from the recent rally could exacerbate losses if support gives way.


from DailyFX - Feeds all https://ift.tt/33bwGwv
via IFTTT

US Dollar Threatens False Breakout after Fed Meeting, Trump Tariffs, US NFP - Central Bank Weekly

The DXY Index broke out to a fresh yearly high earlier this week, although price action on Friday is suggesting that a false breakout has transpired.


from DailyFX - Feeds all https://ift.tt/2YAZBGr
via IFTTT

Gold Price Targets: Weekly Reversal Testing Resistance at Yearly High

Gold prices are poised to mark the largest advance in six-weeks with price now challenging the yearly highs. Here are the levels that matter on the XAU/USD weekly chart.


from DailyFX - Feeds all https://ift.tt/2Zt5ZB0
via IFTTT

US Dollar Falls From Two-Year-Highs, Can Bears Continue to Drive?

It's been a busy week of drivers and the US Dollar put in a nasty reversal after setting fresh two-year-highs. Can bears continue to drive the DXY lower?


from DailyFX - Feeds all https://ift.tt/2GKp2iK
via IFTTT

USD/JPY Price: How US Dollar May Keep Falling against Japanese Yen

Today, US Dollar has traded its lowest levels in eight months against Japanese Yen. Here are the key levels where USD/JPY traders may need to be careful.


from DailyFX - Feeds all https://ift.tt/338OvMA
via IFTTT