Thursday, 19 September 2019

Canadian Dollar Price Chart: USD/CAD Range, Loonie Breakout Potential

USD/CAD is up on the week, but the broader focus remains on a break of a multi-week range in price. Here are the levels that matter on the USD/CAD weekly chart.

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AUD/USD Drops as Rate Cut Bets Soar, USD Reverses Fed Induced Gains - US Market Open

AUD/USD on the backfoot as rate cut bets soar following uptick in unemployment, eyes on Governor Lowe’s speech. JPY and CHF boosted by BoJ and SNB. USD reverses gains

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WTI Oil Price Outlook: Sharp Moves, Nasty Headlines, Levels to Know

Oil prices have been on the move this week and the prospect of continued flares in the Middle East can keep this them center-stage.

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GBP/USD, FTSE 100 Muted on Bank of England Rate Decision

Bank of England leaves monetary policy unchanged as expected. Ongoing Brexit uncertainty to continuing weighing on UK growth.

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Bitcoin Price Battles Trend Resistance, Ethereum Continues to Outperform

The battle between Bitcoin bulls and bears continues with sellers looking to have gained the upper hand in the short-term. Will multi-month support break or will trend resistance fold?

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Gold Prices Bounce Off Support, Silver Prices to Challenge Key Resistance

Gold & Silver prices drop post FOMC rate decision, however, key support underpins for now. Focus now turns to the US-China trade war in which an interim deal could renewed pressure on the precious ...

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Central Bank Independence: The Cases For and Against

If the independence of central banks like the Federal Reserve is eroded, traders will need to listen more closely to what politicians are saying. What are the pros and cons?

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

The US Dollar and Swiss Franc may catch a haven bid and rise vs GBP if the BoE rate decision and outlook on Brexit puts a premium on anti-risk assets.

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Wednesday, 18 September 2019

Stocks Mixed as Asian Investors Mull Fed Caution. BoJ Policy On Hold

The US central bank cut rates as expected but was more circumspect about further action than the markets had hoped. The Bank of Japan said it would review its own policy settings in October

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Crude Oil Prices May Fall as Markets Digest FOMC Rate Decision

Crude oil prices may fall as investors bemoan the Fed’s guarded approach to further rate cuts even as the markets pine for a lot more policy support.

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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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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...