Wednesday, 14 August 2019

US Dollar Uptrend on SGD, PHP, MYR, INR at Risk to Fading Momentum?

US Dollar gains versus the Singapore Dollar, Philippine Peso, Malaysian Ringgit and Indian Rupee are at risk to fading momentum, negative RSI divergence clouds the technical outlook.


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Crude Oil Prices May Fall as US Data Feeds Growth Slump Fears

Crude oil prices may continue to fall alongside stocks if soggy US retail sales and other data continues to feed fears about a looming slump in economic growth.


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Dow Forecast Links to Recession Fears Bubbling in Bonds and Yield Curve

The US yield curve was this past session’s top theme amongst traders which is troubling given the implications it carries for fears of a recession and association to the biggest drop in the Dow in eight months.


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Australian Dollar Gains Sharply As Job Creation Smashes Forecasts

The Austrailan Dollar spiked upward Thursday as overall new job gains were revealed to have been 41,000 in July, well ahead of the 14,000 markets had expected.


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EURUSD Rebound Unravels as Fed Tames Bets for Rate Easing Cycle

EURUSD may continue to consolidate over the coming days as the Federal Open Market Committee (FOMC) tames speculation for a rate easing cycle.


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US Dollar Price Outlook: DXY Threatens Larger Recovery– Trade Targets

A rebound in the US Dollar has price testing a near-term resistance pivot and we’re looking for a reaction here. These are the levels that matter on the DXY charts.


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Jim Rogers on US Economic Crisis, Gold & Bitcoin | Podcast

Could we be facing the biggest recession for decades? Hear the views of investment supremo Jim Rogers on our podcast.


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The Bank of Japan: A Forex Trader’s Guide

How does the Bank of Japan's monetary policy impact the decisions of forex traders? Read on to find out.


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US Recession Watch, August 2019 - Dark Clouds Gather Over US Economy

There is a 32% chance of a recession hitting the United States within the next 12-months – but that’s before factoring in the US-China trade war flaring again.


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Why Does the US Yield Curve Inversion Matter?

More volatlity in global financial markets has traders looking for a culprit. The bond market may be guilty.


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GBP/USD & GBP/JPY Stem the Bleeding on Latest Brexit News

Fears of a no deal, “hard Brexit” have subsided, if only temporarily.


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Turkish Lira Price: Will USD/TRY Rally for a Test of the Monthly High?

Last week USDTRY reversed direction at multi-month low. This week buyers maybe on course to take charge. Here are the tech levels traders may need to consider.


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Crude Oil Price Outlook Weakens, AUDUSD Drops, US Yield Curve Sends Warning Signal - US Market Open

Equity markets have been fading yesterday’s trade tariff delay bounce as weak manufacturing data from China, alongside the US 2s10s curve inverting for the first time since 2007 weighs on risk sentiment


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Canadian Dollar Price Outlook: How Far Will the USD/CAD Recovery Go?

USD/CAD put in an aggressive bearish trend in June and early-July, but has seen 50% of that prior move wiped out in a retracement.


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US Recession Watch - Yield Curve Inverts, But Panic When it Steepens

The US 2s10s curve has inverted for the first time since 2007, emphasising concerns of a slowdown in the global economy. Focus now on the Jackson Hole Symposium.


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Gold Price Action at Long-term Resistance Points to Pullback

Gold may still be set up to rally longer-term, but in the near-term it is displaying signs of exhaustion and may be due for a set-back.


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Italian Election Monitor: Italy Crisis to Re-emerge Amid Risk of Snap Elections

Deputy PM Salvini turns his back on the populist coalition as he looks to force a snap election. Widening Bund-BTP spreads likely to highlight the risks surrounding Italy.


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USD/CHF, EUR/CHF Price: Rebounding From the Same Resistance

Last Friday EUR/CHF and USD/CHF closed in the red for the second week in a row. Additionally, since last week buyers have been failing to overcome the exact same levels time and time again. Here are those levels and more to watch


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GBP/USD Price Nudges Higher on UK Inflation Uptick, Brexit Latest

The British Pound (GBP) grabbed a small bid Wednesday as UK inflation edged higher. However, Brexit remains the main driver of the British Pound.


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Crude Oil Price Boosted by Trade Tariff Delay, Technical Support

Brent crude is back above $60/bbl. and sitting near an important technical support level that needs to hold if the market is to push higher.


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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...