Wednesday, 18 September 2019

Divided FOMC to Boost Gold as Hedging Tool Against Fiat Currencies

The growing dissent within the Federal Reserve may heighten the appeal of gold as Chairman Powell and Co. project a lower trajectory for the benchmark interest rate.

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Crude Oil Prices, US Dollar-NOK Brace for Norges Bank After FOMC

The oil-linked Norwegian Krone will be closely watching the Norges Bank rate decision after the Fed failed to live up to the market’s ultra-dovish expectations.

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Austrailan Dollar Fades As Full-Time Employment Wilts, Jobless Rate Up

Headline Australian job creation smashed forecasts in August but was bolstered by part-time positions. Full-time employment fell sharply and the overall unemployment rate ticked up. AUD/USD retreat...

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Upbeat Australia Employment Report to Curb AUDUSD Losses

Fresh updates to Australia’s employment report may curb the recent decline in AUDUSD as the economy is anticipated to add 15.0K jobs in August.

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US Dollar Held Gains Post Fed Cut, Japanese Yen May Look Past BoJ

The US Dollar held onto gains as equities recovered after the Fed delivered a less-dovish interest rate cut. Ahead, the anti-risk Japanese Yen may look past the BoJ for market mood.

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NZD/USD Downtrend Held on New Zealand GDP Beat, Trade Talks Eyed

The New Zealand Dollar rose as local GDP data beat expectations, but follow-through may have to wait for US-China trade talks with NZD/USD holding on to its dominant downtrend.

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US Dollar Price Volatility Report: AUD/USD Eyed Post-Fed Rate Cut

The US Dollar remains anchored to technical confluence in the wake of the latest Fed meeting, but USD implied volatility and risk reversals suggest the greenback could still make a big move.

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Dow Jones Drops, US Dollar Pops as FOMC Cuts but Remains Divided Over Next Move

The highly anticipated FOMC rate decision saw markets fluctuate wildly Wednesday as the Committee failed to offer a definitive path forward alongside the fulfillment of the widely expected 25-basis...

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Canadian Dollar Price Outlook: USD/CAD Rally at Resistance into FOMC

The Canadian Dollar is poised to mark the sixth consecutive daily loss against the USD with FOMC on tap. Here are the levels that matter on the USD/CAD price charts.

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How Gold, Oil, Stocks & USD Perform After FOMC Rate Cuts Start

The Fed and its Federal Open Market Committee (FOMC) will likely announce another rate cut tomorrow - so how does gold, oil, the S&P 500 and US Dollar perform amid accommodative monetary policy?

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US Dollar Outperforms, GBP/USD Dips, USD/CAD Muted - US Market Open

The US Dollar has recouped much of yesterday’s losses as eyes turn towards the FOMC rate decision, in which the central bank is expected to lower interest rates.

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

Fed day is here and the bank is expected to cut rates 25 bps. But what else will the FOMC say about future policy?

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GBPUSD Price Slips Lower as UK Inflation Falls to a Near Three-Year Low

GBPUSD turned lower after the latest UK inflation release showed price pressures easing, leaving the UK consumer with more money in their pockets as real wages rise.

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

The US Dollar may rise at the expense of equities if after the FOMC rate decision, Fed Chairman Jerome Powell’s press briefing cools rate cut bets.

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Tuesday, 17 September 2019

GBPUSD Rebound Vulnerable to Slowing UK Consumer Price Index (CPI)

Updates to the UK Consumer Price Index (CPI) may rattle the recent rebound in GBPUSD as the reading for inflation is expected to narrow to 1.9% from 2.1% in July.

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Stocks Mixed as Oil Prices Retrace Gains, Fed Wait Limits Trade

Asia Pacific indexes endured a typical pre-Fed session with some spice added by the pullback in oil prices on hopes that Saudi supply can be quickly restored

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Gold Prices Show Signs of Topping as All Eyes Turn to FOMC

Gold price technical positioning is warning that a top may be in the works. The setup may be activated as the Fed underwhelms financial markets’ ultra-dovish policy bets.

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USDCAD Rate Eyes Monthly High Ahead of Canada CPI, Fed Rate Decision

USDCAD appears to be making a run at the monthly-high, but fresh developments coming out of North American may rattle the recent rebound in the exchange rate.

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US Dollar, Brazilian Real Brace for FOMC and Selic Rate Decisions

The Brazilian Real and US Dollar will have a hectic day ahead of the BCB and FOMC rate decisions in an environment of political volatility and concerns about future growth.

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EUR/USD Downtrend Held as Fed Sunk the US Dollar in Repo Operation

The US Dollar sunk as the Fed injected liquidity into financial markets ahead of today’s rate decision. Even though the Euro rose, the EUR/USD dominant downtrend remained intact.

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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...