Tuesday, 1 October 2019

USD Dominates, GBP/USD, AUD/USD Heading Lower - US Market Open

US Dollar continues to grind higher, while RBA sinks AUD/USD and GBP/USD weighed by ongoing Brexit uncertainty.

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US Dollar Starts Q4 at Two-Year-Highs: Can USD Bulls Maintain?

The US Dollar is at fresh two-year-highs to start Q4, and the FOMC is in the spotlight for rate decisions in October and December.

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Brexit Latest: GBP/USD Eyes UK PM Johnson's Brexit Plan

GBP/USD given modest lift on better than expected Manufacturing PMI, however, Brexit details will dictate price action.

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Gold Price Slumps but Looks Oversold as US Dollar Continues to Soar

Gold has shed around $70/oz. in the last week despite a mildly supportive, political backdrop. The US dollar however continues to strengthen forcing the precious lower.

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EURUSD Rate Searches for Support as ECB Calls for Fiscal Stimulus

EURUSD continues to search for support, with the exchange rate at risk of exhibiting a more bearish behavior amid the weakening outlook for the monetary union.

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Monday, 30 September 2019

EUR/USD Eyes Eurozone CPI and US ISM Data Amid Trade War Tensions

EUR/USD may wobble ahead of the release of Eurozone CPI data and US ISM reports, though EU-US trade war tensions may ultimately provide a boost to the US Dollar at the expense of the Euro.

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Australian Dollar Spikes Up As RBA Delivers Well-Expected Rate Cut

AUD/USD made initial gains as Australia's key interest rate falls again, to 0.75%. The RBA's accompanying statement was no more dovish than recent editions.

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RBA Preview: AUDUSD Vulnerable to 25bp Rate Cut, Dovish Guidance

The RBA interest rate decision may drag on AUD/USD as the central bank is expected to cut the official cash rate (OCR) by 25bp to a fresh record-low of 0.75%.

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Oil Prices Face Renewed Risk of Bear Market as OPEC Sees Waning Demand

Oil prices face a renewed risk of a bear market as the Organization of the Petroleum Exporting Countries (OPEC) see waning demand in 2019.

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US Dollar Rose as Crude Oil Prices Broke Support, Eyeing August Low

Crude oil prices took out support, exposing August lows despite a pickup in risk appetite as the S&P 500 rose. The US Dollar rallied, taking the Euro to its weakest since May 2017.

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Gold Price Foreacst: XAUUSD Grasps for Support Near 2-Month Low

Gold suffered a break beneath support on Monday and will now look for subsequent buoyancy as bulls look to stem the recent bleed.

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US Dollar Price Volatility Report: WTO, Fed & ISM Manufacturing

The US Dollar jumped to fresh 2019 highs and looks to the upcoming WTO ruling in addition to Fed commentary and PMI data on deck to potentially fuel further upside.

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AUD/USD: Australian Dollar Price Outlook & RBA Decision Preview

The Australian Dollar is geared up for heightened volatility with the October RBA rate decision on deck for Tuesday alongside several other high-impact economic data releases.

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

The US Dollar has pushed up to a fresh two-year-high on the final trading day of Q3. Will USD bulls be able to hold the bid through the Q4 open?

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Euro Suffers as US Dollar Hits 2019 Peak, AUD Eyes Possible RBA Surprise - US Market Open

US Dollar posts fresh 2019 high as the Euro breaks below 1.09, while the Australian Dollar eyes the RBA rate decision.

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Dow, Dollar and Other Risk Assets Weigh Politics Against Trade and Growth

It is hard to determine what is in control of global investors’ fears or appetites. That is owing to a number of competing issues ranging from monetary policy being ramped to extremes, recession fe...

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Sterling (GBP) Price - Brexit Drivers and a FTSE 'Golden Cross' - Webinar

Sterling is flat to marginally higher as the week opens with the Conservative Party Conference now in full flow. Brexit will continue to dominate trading before US NFPs at the end of the week.

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Sterling (GBP) Price Remains Volatile as Brexit Rumors Swirl

Sterling remains weak as Brexit rumors abound in a week when the Conservative Party Conference begins against a background of rows and rancor.

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Sunday, 29 September 2019

US Dollar May Rise vs Euro if US-EU Trade War Escalates

The US Dollar may rise against the Euro if cross-Atlantic trade tensions are reignited amid the dispute over subsidies to Boeing and Airbus. Euro traders will also be carefully watching German data.

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Gold Price Forecast: Head-and-Shoulders Formation Takes Shape

The price of gold appears to be on track to test the monthly-low ($1483) as a head-and-shoulders formation takes shape.

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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...