Thursday, 26 September 2019

US Dollar May Rise if PCE, Income Data Cools Fed Rate Cut Bets

The US Dollar may rise at the expense of equity markets if key US data beats forecasts, cools Fed rate cut bets and sours hope for aggressive easing.

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US Dollar May Rise vs PHP, MYR. Malaysia Stays in Key Bond Index

The US Dollar may rise versus the Philippine Peso, Malaysian Ringgit despite the BSP cooling rate cut bets and FTSE Russell keeping Malaysian debt in the World Government Bond Index.

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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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AUD/NZD Staging Reversal, US Dollar Shrugs Repo Liquidity Crunch

The New Zealand Dollar may be staging a larger reversal against the Australian Dollar. Meanwhile, the US Dollar shrugged off liquidity woes amid the latest Fed repo operation.

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US Dollar Price Volatility Report: Core PCE Data to Drive USD

The US Dollar has been on a tear this week, but USD price action faces major event risk with inflation and durable goods data on deck for release on Friday.

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Fed Commentary Begins to Reflect Less Appetite for Easing Going Forward

After two rate cuts this year the expectations for continued easing from the Federal Reserve has decreased since hitting a high in August

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US Dollar Rally Pushes Towards Fresh 2019 Highs - Key Levels for DXY Index & USD/JPY

Soft Fed rate cut odds coupled with rising expectations for more easing elsewhere are helping prop up the DXY Index.

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Strait of Hormuz: The World's Most Important Oil Chokepoint

With over a third of global seaborne crude oil and a fifth of oil traded worldwide flowing through the Strait of Hormuz, this narrow nautical channel may be the world’s most important chokepoint.

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Euro Bounces Frome Critical Support, NZD/USD Outperforms - US Market Open

Euro finds support from 2019 low yet again at 1.0925, subsequently forming a triple bottom. New Zealand Dollar flying high on RBNZ and short-covering.

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Gold Technical Outlook: Gold Prices Snap Back Ahead of Q4 Open

The bullish trend in Gold prices is on the back foot as Q3 nears its end. But how aggressively can sellers push against this well-built topside theme?

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EUR/USD Support Under Heavy Pressure, Eyes a Gap Lower Down

The Euro remains under selling pressure and is heading back towards levels last seen in mid-2017. And in the background, the ECB is now looking for a new executive board member after a sudden resig...

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Japanese Yen Price Outlook: USD/JPY, EUR/JPY Risk of Lower Levels

The Japanese Yen could stand to gain amid the current backdrop of political instability with the UK, alongside trade tensions with China and the EU.

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US Dollar Eyes US GDP Data: Will the Report Boost Fed Rate Cut Bets?

The US Dollar and equity markets will be closely watching the publication of GDP data after this week’s consumer confidence report painted a gloomy picture.

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Wednesday, 25 September 2019

Asia Stocks Mixed, Data Show US-Chian Deal Can't Come Too Soon

Donald Trump may rate a deal with China as more likely than reporters think, but Asian economic numbers increasingly underline how vital a settlement has become.

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How Crude Oil Prices React to Weather-Induced Disruption Fears

With increasing volatility in weather patterns, how might storms, hurricanes and floods rattle the supply chain for petroleum-based products and impact crude oil prices?

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Gold Prices Close to Confirming Top, Crude Oil May Resume Descent

Gold prices are getting closer to confirming a major bearish chart setup. Crude oil prices may be on the verge of resuming a five-month downtrend.

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The Singapore Dollar and MAS: What is SGD and How to Trade it?

The Singapore Dollar (SGD) is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.

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Post-FOMC Gold Price Rally Unravels Amid Less-Dovish Fed Rhetoric

The price of gold gives back the advance following the FOMC meeting, with recent developments in the Relative Strength Index (RSI) warning of a larger correction.

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US Dollar Soars on Trump Trade Comment, House Sales. Yen May Fall

The US Dollar soared as the DXY closed above a 3-week high as local housing sales and US-China trade talks boosted the S&P 500. Ahead, the anti-risk Japanese Yen looks vulnerable.

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US Dollar Price Volatility Report: EUR/USD, AUD/USD & USD/MXN

US Dollar implied volatility ticked higher after the greenback ripped higher on Wednesday. USD price action is likely to remain elevated with high-impact event risk on deck the rest of the week.

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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...