Monday, 19 August 2019

Australian Dollar Watchers Must Keep Labor Market Strength In Mind

The Australian Dollar has wilted as markets price in further rate cuts even as the OCR hovers at just 1%. Those cuts may come, but labor market strength may have to wane first.


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USDSEK, USDNOK Reach 17-Year Highs as Recession Fears Rise

USDSEK and USDNOK are both hovering at 17-year highs as US Dollar strength prevails in an environment of recessionary fears and uncertainty.


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Australian Dollar Focus Elsewhere as RBA Minutes Stick to Script

The Australian Dollar market already looks hunkered down for central banking’s heavyweights at Jackson Hole later this week. The latest set of RBA minutes were probably always going to struggle for attention.


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S&P 500 Third Biggest Bullish Gap This Year Doesn’t Resolve Key Themes or Fear

Risk assets opened the week with an impressive gap higher, but it would be more than premature to assign conviction to this bounce. With lingering concerns and backdated event risk, complacency is still best fit.


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NZD/USD Technical Analysis: Closing in on 19-Year Trend Break

The New Zealand Dollar is inching closer to breaking a 19-year rising trend against its US counterpart with a drop to the lowest level since early 2016.


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EURUSD Rate Eyes Monthly-Low as Germany Warns of Economic Slump

EURUSD extends the decline from the previous week and approaches the monthly-low (1.1027) as the Bundesbank, Germany’s central bank, warns of an economic “slump.”


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Canadian Dollar Price Targets: USD/CAD Bulls Eye Key Resistance Pivot

The US Dollar is targeting resistance near two-month highs vs Loonie with the long-bias vulnerable near-term. These are the levels that matter on the USD/CAD charts.


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75 Years Later, The Lessons of Bretton Woods Have Been Forgotten

The 75th anniversary of the Bretton Woods conference was at the end of July, and the concerns that were present in 1944 are reasserting themselves as significant threats to the global economy in 2019.


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Gold & Volatility Drop, Stocks Rise as Trade War Jitters Ebb

US-China trade war whiplash has damaged risk appetite, but market sentiment could be recovering judging by the latest drop in gold prices and volatility measures as the S&P 500 Index climbs.


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US Dollar Rises Ahead of Jackson Hole, US-China Trade Talks

The DXY Index continues to push higher as traders await central bank activity in the second half of the week.


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Weekly Trade Levels: US Dollar, EUR/USD, USD/CAD, Gold, Silver & SPX

Webinar highlighting active trade setups we’re tracking into the start of the week. Here are the targets & invalidation levels that matter on the technical charts.


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US Markets Analysis: Dollar Index (DXY), Dow Jones (DJI) Price Outlook

Last week the Dow Jones closed in the red, due to the market’s increasing fear of a recession in the US. Here is how the Dow and DXY may perform, with the important levels that need to be followed closely.


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US Dollar Price Outlook: EUR/USD, GBP/USD, AUD/USD, USD/CAD

It's going to be a big week for the US Dollar and likely US equities as the Jackson Hole Economic Symposium kicks off on Wednesday.


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Trading the News | James Stanley | Podcast

In this podcast, our currency strategist James Stanley talks trading the news, making contrary picks, and mastering psychology.


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GBPUSD Dips, EURUSD Steady, SNB Intervening in Swiss Franc (CHF) - US Market Open

A relatively muted start to the week for the Euro, which hovers around the 1.1100 handle, while the recovery in the Pound stalls.


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Trading Forecast: EURUSD and Dow Bearings Rest on Jackson Hole, Trump

Scheduled event risk is starting to give way to sentiment and systemic fundamental concerns a prospect that threatens volatility at a time of year when quiet is supposed to prevail. Trade wars are finding guidance from headlines that President Trump regularly tops, while recession fears are tied more closely to market measures. The Jackson Hole Symposium will present an opportunity for officials to discuss all of this.


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Top Market Charts for Next Week: Dollar, Gold, Oil, Dow and More

An unexpected buoyancy in volatility is the common feature across the global markets landscape. More significant market swings have earned a few benchmarks like Gold and Yields remarkable trends, while it has pushed the likes of the Dollar, Dow and Oil to the brink of more substantial breakouts.


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GBP Price Outlook: Driven by Brexit and Fed Chair Powell - Webinar

UK asset markets are in a limbo this week with little hard UK data to look forward to. Later in the week, the FOMC minutes and on Friday, FOMC chair Jerome Powell speaks at the Jackson Hole Symposium.


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Canadian Dollar Price Forecast: USD/CAD Rise at Risk of Failing

The U.S. Dollar has been rising against the Canadian Dollar for several weeks, but price action suggests that the rally could fail…


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EUR/JPY, USD/JPY Price Outlook: Paused Downtrend Move

Last week EUR/JPY and USD/JPY traded ineffectively. Here are the key tech levels traders may need to consider


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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...