The US Dollar stumbled last week and is at risk of further downside if US-China trade tensions worsen and high-impact economic data due for release disappoints which stand to accelerate Fed rate cut bets.
from DailyFX - Feeds all https://ift.tt/2KFxOQi
via IFTTT
Saturday, 10 August 2019
Friday, 9 August 2019
Crude Oil Prices at Risk as US-China Trade War Sours Growth Bets
Crude oil prices look vulnerable to deeper losses after hitting a seven-month low as US-China trade war escalation sours the outlook for global economic growth.
from DailyFX - Feeds all https://ift.tt/2ZPfVoG
via IFTTT
from DailyFX - Feeds all https://ift.tt/2ZPfVoG
via IFTTT
Dollar Eases as Trump Maintains Pressure, Trade Wars Vs Seasonal Gravity Ahead
The pull of seasonal liquidity fade is strong, but will it overpower a relentless pressure from the Trump administration to charge volatility? Read on to learn what markets will offer in volatility over the coming week.
from DailyFX - Feeds all https://ift.tt/2YFi5e0
via IFTTT
from DailyFX - Feeds all https://ift.tt/2YFi5e0
via IFTTT
Forex Economic Calendar Week Ahead: US Inflation, UK Inflation, Australia Jobs Report & More
The economic calendar is littered with significant event risk over the coming week, including the July US and UK inflation reports as well as the July Australia jobs report.
from DailyFX - Feeds all https://ift.tt/2Tlxgmt
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Tlxgmt
via IFTTT
Gold Prices Charge Multi-Year Highs, Ignore Contrarian Sentiment Signals
There is good reason to doubt many of the tentative trends developing across the financial system in ‘risk’ assets or Dollar pairs as conviction is uneven. But what about Gold trading at multi-year highs?
from DailyFX - Feeds all https://ift.tt/2MhmuNN
via IFTTT
from DailyFX - Feeds all https://ift.tt/2MhmuNN
via IFTTT
AUD Braces for Escalating Trade War Tensions, Employment Data
The Australian Dollar may face increased selling pressure if local jobs data disappoints against the backdrop escalating tensions in the US-China trade war.
from DailyFX - Feeds all https://ift.tt/2KEDDNP
via IFTTT
from DailyFX - Feeds all https://ift.tt/2KEDDNP
via IFTTT
Top 5 Events: July US Inflation Report & USD/JPY Rate Forecast
The July US inflation report (consumer price index) is due out on Tuesday, August 13 at 12:30 GMT, and the data are expected to show stability in price pressures.
from DailyFX - Feeds all https://ift.tt/2ZNSXhs
via IFTTT
from DailyFX - Feeds all https://ift.tt/2ZNSXhs
via IFTTT
Nasdaq 100 Forecast: Price Levels to Watch Next Week
After clarification on a prior bearish development, the Nasdaq 100 mounted a recovery on Friday and now finds itself stalled at resistance.
from DailyFX - Feeds all https://ift.tt/2MSwTi4
via IFTTT
from DailyFX - Feeds all https://ift.tt/2MSwTi4
via IFTTT
USD/CNH: Watch Chinese Yuan, PBoC for US-China Trade War Gauge
Spot USDCNH price action could serve as a bellwether to where risk assets head next as markets remain on edge with US-China trade tensions heightened and looming risk of further escalation.
from DailyFX - Feeds all https://ift.tt/2YUW5qL
via IFTTT
from DailyFX - Feeds all https://ift.tt/2YUW5qL
via IFTTT
Crude Oil Price Triangle Breakdown Will Inform USD/CAD’s Next Move
The Canadian Dollar continues to track crude oil prices, which themselves are grappling with concerns over global growth thanks to the US-China trade war.
from DailyFX - Feeds all https://ift.tt/2GYuoan
via IFTTT
from DailyFX - Feeds all https://ift.tt/2GYuoan
via IFTTT
Bitcoin Price: Will BTC/USD May Resume Recent Surge?
This week Bitcoin traded its higher price in nearly five weeks. However, the price slipped back after. Here are the technical key levels Bitcoin traders may need to monitor .
from DailyFX - Feeds all https://ift.tt/2Ma2XOV
via IFTTT
from DailyFX - Feeds all https://ift.tt/2Ma2XOV
via IFTTT
US Dollar Treading Water as Central Banks Follow Fed in Race to Bottom - Central Bank Weekly
A growing chorus of central banks are joining the Federal Reserve in their efforts to stimulate the economy through lower interest rates.
from DailyFX - Feeds all https://ift.tt/31tos0M
via IFTTT
from DailyFX - Feeds all https://ift.tt/31tos0M
via IFTTT
Gold Price Targets: XAU/USD Surges 4%- Can the Rally be Sustained?
Gold prices surged nearly 19% off the yearly lows with the rally targeting key long-term uptrend resistance. Here are the levels that matter on the XAU/USD weekly chart.
from DailyFX - Feeds all https://ift.tt/2MMhgZL
via IFTTT
from DailyFX - Feeds all https://ift.tt/2MMhgZL
via IFTTT
US Dollar Price Charts for Next Week: GBPUSD, EURUSD, USDCAD & More
Looking ahead to next week, there are a few noteworthy technical developments to watch in USD pairs.
from DailyFX - Feeds all https://ift.tt/2KA18rC
via IFTTT
from DailyFX - Feeds all https://ift.tt/2KA18rC
via IFTTT
EURGBP Price Probes One-Year High as Rally Reignites
The three-month EURGBP rally continues unabated despite the EUR struggling against other currencies. GBP remains weak but the pair are currently flashing an overbought warning.
from DailyFX - Feeds all https://ift.tt/2YATnLD
via IFTTT
from DailyFX - Feeds all https://ift.tt/2YATnLD
via IFTTT
Canadian Dollar Price: USD/CAD Uptrend Move Fades - Key Levels to Watch
After printing its highest level in seven weeks USD/CAD buyers show signs of weakness. How sellers could take advantage of this development?
from DailyFX - Feeds all https://ift.tt/2MOr3yk
via IFTTT
from DailyFX - Feeds all https://ift.tt/2MOr3yk
via IFTTT
Gold Price Rally May Soon Find Opposition at Long-term Levels
The rally in gold has been strong and still has a little room to run, but a meaningful pullback may be around the bend as long-term resistance lies just ahead and sentiment turns extreme.
from DailyFX - Feeds all https://ift.tt/2GUZEqA
via IFTTT
from DailyFX - Feeds all https://ift.tt/2GUZEqA
via IFTTT
Sterling (GBP) Down But Not Out After UK Q2 GDP Contracts
Provisional UK Q2 GDP showed the economy contracted in the second quarter as manufacturing output fell. Sterling moved lower but the falls are currently limited.
from DailyFX - Feeds all https://ift.tt/2YSYB0D
via IFTTT
from DailyFX - Feeds all https://ift.tt/2YSYB0D
via IFTTT
Euro Price Outlook: EURUSD Rattled as Italian Government Fractures
Italian deputy prime minister Matteo Salvini has called for a snap election in Italy saying there is no longer a majority in Parliament as his spat with co-deputy prime minister Luigi di Maio turns increasingly ugly.
from DailyFX - Feeds all https://ift.tt/33peqiY
via IFTTT
from DailyFX - Feeds all https://ift.tt/33peqiY
via IFTTT
Thursday, 8 August 2019
US Dollar May Rise Against GBP if UK GDP Data Spooks Markets
The US Dollar may rise against the British Pound if preliminary UK GDP data spooks markets and causes investors to flock to the highly-liquid Greenback.
from DailyFX - Feeds all https://ift.tt/2ZMb0Vk
via IFTTT
from DailyFX - Feeds all https://ift.tt/2ZMb0Vk
via IFTTT
Subscribe to:
Comments (Atom)
ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference
The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility ...