Thursday, 19 September 2019

Stocks Inch Up On Local Tailwinds Despite New US-China Trade Jitters

New clouds appeared over the US-China trade story but the two sides are at least still talking and Asian stock investors founds things to cheer elsewhere.

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US Dollar May Overtake Rupiah if Trade Talks Sour as Indonesia Cuts

The US Dollar struggled to gain against the Rupiah despite the Bank of Indonesia delivering a cut. Its efforts to guard USD/IDR will be tested should US-China trade talks sour.

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Gold Price Chart Warns of Downturn as Markets Digest Fed Outlook

Gold price technical positioning is warning that a significant turn lower may be in the works as prices digest the outcome of September’s FOMC rate decision.

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US Dollar Price Volatility Report & USD Trading Ranges Post-Fed

As USD implied volatility drifts lower with event risk from the September Fed meeting in the rearview mirror, here are the estimated trading ranges for major US Dollar currency pairs.

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US Dollar, London Increase Currency Market Dominance, Yuan Stagnates

The politics of the US and UK may be starkly divided but their grip on the vast, $6.6 trillion global foreign exchange trade seems as tight as ever.

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US Dollar Price Volatility Report & USD Trading Ranges Post-Fed

As USD implied volatility drifts lower with event risk from the September Fed meeting in the rearview mirror, here are the estimated trading ranges for major US Dollar currency pairs.

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NZDUSD Rate Eyes 2019 Low Ahead of RBNZ Meeting

NZDUSD approaches the 2019-low (0.6269) ahead of the RBNZ meeting, but there appears to be a divergence between price and the RSI as the oscillator holds above 30.

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Australian Dollar May Fall, Yen Gains as Markets Eye Trade Talks

The Australian Dollar may approach August lows against the US Dollar after US-China trade comments fueled volatility in financial markets. The Japanese Yen may look past CPI data.

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OECD Cuts Global GDP Growth Outlook as Trade Risks Linger

The Organization for Economic Cooperation and Development downgraded their global growth forecast as they predict a deeper global slowdown driven by weak manufacturing, protectionist trade policies...

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Dow Jones Forecast: Momentum Stocks Gain Ground but Resistance Weighs Heavy

After opening higher, the Dow Jones forfeited gains as trade tensions look to derail a post-FOMC rally higher. Still, tech and momentum stocks were able to stem recent losses.

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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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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...