Sunday, 11 August 2019

NOK and SEK Brace for Trade Wars, Italy Politics, Norges Bank

The US Dollar may rise against NOK and SEK if US-China trade relations worsen along with increased political risk out of Italy and a gloomier tone from the Norges Bank.


from DailyFX - Feeds all https://ift.tt/2H1XVzS
via IFTTT

US Dollar Outlook: Rupee, Ringgit, Rupiah at Risk as Capital Flees

The US Dollar may rise versus SGD, MYR, IDR, PHP and INR as the risk of US-China trade war escalation leaves emerging markets vulnerable to capital outflows. Malaysia, India CPI eyed.


from DailyFX - Feeds all https://ift.tt/2YZYO2f
via IFTTT

NZDUSD Rebound Unravels as NZ Treasury Identifies Lower Bound for OCR

The ongoing trade dispute between the US and China may continue to drag on NZDUSD as it puts pressure on the RBNZ to further embark on its rate easing cycle.


from DailyFX - Feeds all https://ift.tt/2Kua3Mf
via IFTTT

EUR/USD Technical Analysis: Trend Aims Lower Despite Choppy Trade

Euro technical positioning is sending mixed signals yet again, but the long-term price trend still appears to point lower against the US Dollar.


from DailyFX - Feeds all https://ift.tt/2Z2ymoN
via IFTTT

US Dollar May Rise, GBP/USD Eyes 1985 Low After UK GDP Contraction

The US Dollar may extend its recovery from Friday’s US-China trade update. Meanwhile, the GBP/USD could reach its lowest point since 1985 after the UK economy unexpectedly contracted.


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

Weekly Technical Forecast: Will the Dow’s Rebound Last While Gold Extends its Incredible Run?

We are facing a conflict of headline-charged volatility against the seasonal assumptions of fading liquidity. The level of expected activity will play a critical role in what kind of moves we should expect from the key players in the FX, indices and commodity market. Can the Dow sustain its bounce if volatility remains high? Will gold continue its run to six year highs if it doesn't?


from DailyFX - Feeds all https://ift.tt/2YC7Rei
via IFTTT

Weekly Trading Forecast: Dollar, Equities and Gold Still Dialed Into Trade Wars

There was a healthy mix of fundamental fuel this past week, but scheduled event risk and themes like systemic growth gave way to the more headline-worthy trade wars. That is likely to remain the case moving forward even if there are few opportunities for linear escalation of this systemic financial threat. While countries may not win from this fight, certain assets can.


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

Dow Jones, DAX 30, FTSE 100 Forecasts for the Week Ahead

As trade wars and monetary policy look to maintain their position at the helm, markets will be offered insight on another major theme that could rattle fragile sentiment.


from DailyFX - Feeds all https://ift.tt/2MW9jkR
via IFTTT

DXY Weekly Price Outlook: Is the Reign of King Dollar Over?

Is the US Dollar reversal from key uptrend resistance just a pullback or the start of something more ominous? Here are the levels that matter on the DXY weekly chart.


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

Saturday, 10 August 2019

Weekly Euro Forecast: Rising ECB Rate Cut Odds Can’t Hold Down the Euro

The Euro has benefited as concerns around a no deal, “hard Brexit” and the US-China trade war have swirled, providing plenty of fuel for gains by EURGBP and EURUSD, respectively.


from DailyFX - Feeds all https://ift.tt/2H2FA5Y
via IFTTT

Weekly Crude Oil Technical Outlook: Tough Road Ahead

Oil has been quite weak and while a bounce may continue in the very near-term the path of least resistance is likely to remain lower.


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

GBPUSD Rate Vulnerable to Slowing UK Inflation, Retail Sales

Fresh data prints coming out of the UK may do little to heighten the appeal of the British Pound amid the growing threat of a no-deal Brexit.


from DailyFX - Feeds all https://ift.tt/2Md2wUk
via IFTTT

FX Week Ahead - Top 5 Events: July US Retail Sales Report & EUR/USD Rate Forecast

The July US retail sales report (retail sales advance) is due out on Thursday, August 15 at 12:30 GMT, and it is due to confirm signs that the US economy is slowing down.


from DailyFX - Feeds all https://ift.tt/2MUWBm8
via IFTTT

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

The July Australia jobs report (employment change and unemployment rate) is due on Thursday, August 15 at 01:30 GMT, and consensus forecasts are looking for the jobs expansion to hit 12 consecutive months.


from DailyFX - Feeds all https://ift.tt/2Trx19F
via IFTTT

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

The Q2’19 Eurozone GDP report is due out on Wednesday, August 14 at 09:00 GMT, and the data should only serve to further confirm the ECB’s desire to provide more stimulus in September.


from DailyFX - Feeds all https://ift.tt/31v3kHr
via IFTTT

FX Week Ahead - Top 5 Events: July UK Inflation Report & GBP/USD Rate Forecast

The July UK inflation report (consumer price index) is due out on Wednesday, August 14 at 08:30 GMT, but the data will continue to be overshadowed by Brexit.


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

Australian Dollar Outlook in USD, CAD. Canadian Dollar May Gain?

The Australian Dollar is at risk to the US Dollar as AUD/USD upside progress lacks technical confirmation. The Canadian Dollar may gain as AUD/CAD faces near-term bearish signals.


from DailyFX - Feeds all https://ift.tt/2YH87Zu
via IFTTT

Gold Price Weekly Forecast: Bullish Breakout Remains In-Play

Gold is currently consolidating just under $1,500/oz. after hitting a six-and-a-half year high of $1,511/oz. earlier this week. Positive fundamentals remain but markets don’t move in a straight line.


from DailyFX - Feeds all https://ift.tt/2OZb1Em
via IFTTT

US Dollar Price Outlook Eyes Trade War, Data Induced Fed Cuts

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

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...