Thursday, 12 September 2019

EUR/GBP Rebound May be Amplified by Brexit Risks Ahead

EUR/GBP’s almost-five percent decline appears to be reversing now as the pair slowly gathers momentum to test support-now-turned resistance. Will Brexit risks amplify the pair’s rebound?


from DailyFX - Feeds all https://ift.tt/34Gvpyc
via IFTTT

US Dollar Price Volatility Report: Fed May Fail to Match Draghi

US Dollar price action may continue to be volatile over the coming days in the aftermath of Draghi's dovish delivery from the ECB as forex traders shift focus back to the Fed’s next move.


from DailyFX - Feeds all https://ift.tt/2NaaAW8
via IFTTT

Rate Cut Odds Drop for ECB, RBNZ, and RBA as Global Growth Concerns Cool - Central Bank Watch

More signs that the US-China trade was is moving towards de-escalation has market participants lowering their expectations for immediate, aggressive rate cuts by central banks.


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

Australian Dollar Price Forecast: AUD/USD Rally May Fizzle Out

The Australian Dollar has staged a nearly parabolic rebound in September after suffering weeks of losses in late July and early August. That said, the AUDUSD rally may start to lose steam.


from DailyFX - Feeds all https://ift.tt/34GcOlS
via IFTTT

US Dollar Fueled by Rising US Yields, Falling Fed Rate Cut Odds

Given the interference of the September ECB meeting in EURUSD, the largest component of the DXY Index, traders may want to look at individual USD-pairs rather than the DXY Index.


from DailyFX - Feeds all https://ift.tt/2LL3VyF
via IFTTT

Swiss Franc Price Outlook: USD/CHF Rally Grinds into Trend Resistance

The Swiss Franc may find its footing here as price reverses off near-term trend resistance. These are targets and invalidations levels that matter on the USD/CHF charts.


from DailyFX - Feeds all https://ift.tt/2I3K1xO
via IFTTT

Negative Yielding Government Bonds – What Are They Telling Us?

There is in excess of USD 16 trillion of negative yielding government debt (bonds) trading in the market at the moment. Every day investors hold these bonds, they lose money.


from DailyFX - Feeds all https://ift.tt/31W4wUu
via IFTTT

Dow Jones Jumps Toward Record as US-China Trade Tensions Thaw

The Dow Jones Industrial Average is within reach of its all-time high as the stock market climbs following US-China trade war headlines hinting at improvement in Sino-American relations.


from DailyFX - Feeds all https://ift.tt/2AiSg4B
via IFTTT

Gold Price Targets: XAU/USD Recovery Remains Vulnerable- GLD Levels

Gold rallied more than 2.5% off the weekly lows but remains below a critical resistance pivot. These are targets & invalidation levels that matter on the XAU/USD charts.


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

EUR/USD, EUR/JPY Rates Rebound Off Lows after September ECB Meeting

Euro rates have seen volatility around the September ECB meeting as outgoing President Draghi's alter ego “Super Mario” made an appearance.


from DailyFX - Feeds all https://ift.tt/34DZIp2
via IFTTT

ECB Cuts Rates, Announces New QE Program, EURUSD Slumps Below 1.10

The European Central Bank (ECB) cut its deposit facility rate by 10 basis points to -0.50%, in-line with market expectations, and announced that it will re-start QE from November 1.


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

FTSE 100 Technical Analysis: Sluggishly Moving Higher, Has Topping Potential

The FTSE is moving higher, but in a grinding fashion; still potential for a significant topping pattern to come to light in the not-too-distant future.


from DailyFX - Feeds all https://ift.tt/32xuZYS
via IFTTT

Bitcoin Price Outlook - Preparing a Move or Death by a Thousand Cuts?

From being one of - if not the - most volatile asset classes around, Bitcoin (BTC) is currently stuck in a rut in a narrow trading range and a descending triangle.


from DailyFX - Feeds all https://ift.tt/2Q8ZpPO
via IFTTT

Euro Expected to be Most Volatile Currency on ECB Risk Amid Fresh QE Package

Short term volatility in EURUSD soars to its highest level in over 2-years as ECB’s Draghi and Co. prepares to announce a fresh stimulus package.


from DailyFX - Feeds all https://ift.tt/32Fj23g
via IFTTT

GBP/USD, GBP/JPY: British Pound Price Action- Uptrend Faces Key Resistance

Last week both Cable and GBP/JPY started a fresh uptrend move. Here are the chart’s key points and signals traders would need to monitor carefully


from DailyFX - Feeds all https://ift.tt/2NbP972
via IFTTT

Wednesday, 11 September 2019

Euro Braces for ECB and Draghi, US Dollar Eyes CPI Data

Global traders will be in for a turbulent day as the ECB prepares to announce its rate decision which may inspire market-wide volatility. This may be amplified by US CPI data.


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

Gold, Crude Oil Prices at Risk if ECB, US CPI Cool Stimulus Hopes

Gold and crude oil prices may be pressured if the ECB underwhelms investors’ dovish hopes while higher US core inflation cools Fed rate cut expectations.


from DailyFX - Feeds all https://ift.tt/32DTp2Z
via IFTTT

Stocks Gain. US-China Trade Truce Sees ’Goodwill Gestures’ From Both

The United States has offered to delay new China tariffs, with China saying that it could buy more US farm products. No wonder perhaps that hopes for a trade thaw are growing.


from DailyFX - Feeds all https://ift.tt/2LpKf4i
via IFTTT

USDCAD Rebound to Benefit from Sticky US Consumer Price Index (CPI)

Updates to the US Consumer Price Index (CPI) may keep USDCAD afloat as the figures are anticipated to highlight sticky inflation.


from DailyFX - Feeds all https://ift.tt/31iC93c
via IFTTT

Euro Scenarios for ECB Decision, Implications for Dollar and Trump

There is a distinct skew in speculation over the upcoming ECB rate decision which could position opportunities on certain Euro crosses. Yet, far more important is the inevitable fall out to global markets from this event.


from DailyFX - Feeds all https://ift.tt/2LJ6P7a
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...