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/31dmodc
via IFTTT

Weekly Technical Forecast: EURUSD, Dow, Gold and Oil All Threaten Reversal – Which Holds?

Volatility was principal feature of the landscape this past week, rendering technical breaks and abrupt reversals from a host of the key FX, capital and commodity markets. With a range of benchmarks from Dollar to US indices to gold all threatening an about face, what markets will run and which stall across these unlikely, correlated bedfellows?


from DailyFX - Feeds all https://ift.tt/33nt2j8
via IFTTT

Weekly Trading Forecast: Dollar and Dow Tied to Trade Wars, Rate Decisions and GDP Ahead

The sea changes between high level fundamental themes continued this past week with trade wars deftly taking over for monetary policy whipped into a frenzy by the Fed. The US-China standoff will remain a critical fundamental pressure ahead, but traders would do well to look for volatility in key event risk like Japanese and UK GDP as well as RBA and RBNZ rate decisions.


from DailyFX - Feeds all https://ift.tt/2ZAlQ0K
via IFTTT

GBP/USD Picks up, EUR/GBP Rallies, FTSE Nears Support - Webinar

Financial markets went risk-off to start the week, hitting the FTSE 100 lower. Sterling is trying to edge higher but is facing a stronger euro.


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

Crude Oil Technical Outlook Growing Increasingly Precarious

Price charts of oil are becoming increasingly bearish along with general risk sentiment, a couple of key breaks could soon be in store.


from DailyFX - Feeds all https://ift.tt/33g8Way
via IFTTT

US Dollar Longs Surge, EUR and GBP Shorts Increase - COT Report

Weekly changes in G10 FX positioning sees US Dollar back in demand, while GBP shorts are the highest since April 2017 and the Euro is the most shorted currency in the G10.


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

EUR/JPY, USD/JPY Price: Weak US Dollar and Weaker Euro against Yen

Last Week USD/JPY and EUR/JPY closed in the red indicating to the bearish outlook of both pairs. Here are the chart points traders may need to pay extra attention at.


from DailyFX - Feeds all https://ift.tt/2yH1UNT
via IFTTT

Gold Price Leaps to 6-Year High on Trade War Bid, Silver Battles Resistance

Gold continued to soar, boosted by a strong risk-off move as US-China trade relations continue to deteriorate. Silver playing catch-up and nears recent resistance.


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

Chinese Yuan at 7.00 Barrier: The Most Important Level for Currency Markets

As the trade war escalates between the US and China, FX markets are on the lookout as the Chinese Yuan reaches the critical 7.00 handle versus the US Dollar.


from DailyFX - Feeds all https://ift.tt/2YH3MVA
via IFTTT

Japanese Yen Soars on Rising Threat of a Full-Blown Currency War

Chinese Yuan weakens beyond 7.00 against the US Dollar for the first time in a decade. Markets brace for potential currency war with eyes on the response from the White House.


from DailyFX - Feeds all https://ift.tt/31lg8jw
via IFTTT

AUD/USD Technical Analysis: Aussie May Bounce Before Deeper Drop

The Australian Dollar has dropped to within a hair of its 2019 low. A corrective rebound from here may precede deeper losses against the currency’s US namesake.


from DailyFX - Feeds all https://ift.tt/2T3QUDF
via IFTTT

Crude Oil Price Drop May Speed Up as US-China Trade War Sizzles

Crude oil prices may accelerate lower alongside stocks as US-China trade escalation spooks markets and stokes liquidation across assets linked to global growth.


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

NZDUSD Rate Eyes 2019 Low Ahead of RBNZ Amid Threat of Currency War

NZDUSD trades near the 2019-low (0.6482) as the escalating trade dispute between the US and China puts pressure on the RBNZ to implement lower interest rates.


from DailyFX - Feeds all https://ift.tt/33bh1Nz
via IFTTT

US Dollar, Yen, Gold Prices Up as China Drops Yuan Amid Trade War

The anti-risk US Dollar and Yen as well as gold prices shot higher as China pointedly weakened its currency as retaliation after the US threatened a major tariff hike.


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

US Dollar ASEAN Outlook: Trade War Panic? Singapore Dollar, BSP Cut

The US Dollar may keep rising versus the Singapore Dollar, emerging market, ASEAN FX amidst trade war fears and US tariff threats. USD/PHP eyes a BSP rate cut, USD/IDR GDP data.


from DailyFX - Feeds all https://ift.tt/2M7cM0n
via IFTTT

EURUSD Rebound to Benefit from Growing Bets for September Fed Rate Cut

Current market conditions may fuel a larger rebound in EURUSD as the ongoing shift in US trade policy puts pressure on the Federal Reserve to insulate the economy.


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

How to Trade the Impact of Politics on Global Financial Markets

As the global economy continues to contract, the risk of geopolitical threats undermining financial and economic stability are rising, leaving the door open to violent volatility – and trading opportunities.


from DailyFX - Feeds all https://ift.tt/2OFEp2E
via IFTTT

Japanese Yen Support Gives as US Tariff Threats Sink Wall Street

The USD/JPY took out key support as trade war fears sent the S&P 500 to its worst week this year. Ahead, the Japanese Yen may appreciate if Asia Pacific markets resume risk aversion.


from DailyFX - Feeds all https://ift.tt/2MMV69R
via IFTTT

Weekly Technical Forecast: EURUSD, Dow, Gold and Oil All Threaten Reversal – Which Holds?

Volatility was principal feature of the landscape this past week, rendering technical breaks and abrupt reversals from a host of the key FX, capital and commodity markets. With a range of benchmarks from Dollar to US indices to gold all threatening an about face, what markets will run and which stall across these unlikely, correlated bedfellows?


from DailyFX - Feeds all https://ift.tt/2YG8cbd
via IFTTT

Weekly Trading Forecast: Dollar and Dow Tied to Trade Wars, Rate Decisions and GDP Ahead

The sea changes between high level fundamental themes continued this past week with trade wars deftly taking over for monetary policy whipped into a frenzy by the Fed. The US-China standoff will remain a critical fundamental pressure ahead, but traders would do well to look for volatility in key event risk like Japanese and UK GDP as well as RBA and RBNZ rate decisions.


from DailyFX - Feeds all https://ift.tt/31h6gay
via IFTTT