Gold Price Outlook: Boosted by Risk Sentiment, Eyes US NFP Report

Gold continues to trade either side of $1,500/oz. as risk-off sentiment boosts the price of the precious metal. The US Labor Report on Friday will decide the next move.

from DailyFX - Market News https://ift.tt/2n92JNj
via IFTTT

US Dollar, Stock Markets Brace for Key US Data, EU-US Trade War

The US Dollar and local equity markets will be anxiously watching for the release of critical US data after ISM manufacturing reports printed a decade-low reading amid a cross-Atlantic trade dispute.

from DailyFX - Market News https://ift.tt/2pz7d0y
via IFTTT

Post-RBA AUDUSD Rebound on Radar as Lowe Pushes for Fiscal Support

AUD/USD attempts to retrace the decline following the Reserve Bank of Australia (RBA) meeting as Governor Philip Lowe pushes for “a renewed focus on structural measures.”

from DailyFX - Market News https://ift.tt/2o1M0Mf
via IFTTT

Asia Stocks Hit As US-Europe Trade Tensions Add to Investor Woes

Asia Pacific equity markets endured more sharp falls as trade worries returned very much to the fore. Hong Kong saw some woeful retail sales data too

from DailyFX - Market News https://ift.tt/2pqMPhV
via IFTTT

Gold Spiked on Easing Bets, Crude Oil Prices Fell on Growth Risks

Crude oil prices fell alongside equity markets amid a spike in global growth fears that prompted a rise in gold from a spike in Fed easing expectations.

from DailyFX - Market News https://ift.tt/2pz8tAV
via IFTTT

US Dollar Uptrend on SGD Reinforced by Singapore PMI Contraction

The US Dollar could gain against SGD after Singapore PMI contraction reinforced MAS easing bets. The Singapore Dollar is vulnerable if US-EU trade war fuels demand for liquidity.

from DailyFX - Market News https://ift.tt/2n5jrgx
via IFTTT

USDCAD Rate Reacts to Uncertainty Surrounding USMCA

USD/CAD reacts to the uncertainty surrounding the United States-Mexico-Canada Agreement (USMCA), with recent price action bringing the September-high back on the radar.

from DailyFX - Market News https://ift.tt/2pvDzJy
via IFTTT

Canadian Dollar Tumbles With Crude Oil, USD/CAD Clears Resistance

The Canadian Dollar, crude oil prices and stocks tumbled as markets feared another trade war front opening. USD/CAD took out resistance in its most aggressive rise in over 7 months.

from DailyFX - Market News https://ift.tt/2nLQNBv
via IFTTT

US Dollar Price Volatility Report: EU Tariffs & ISM Services

The US Dollar is teed up for heightened volatility with the USTR announcing it will move forward with implementing tariffs on $7.5 billion of goods from the EU and the ISM Services PMI report on deck.

from DailyFX - Market News https://ift.tt/2nWwP71
via IFTTT

Airbus WTO Ruling Sends European Stocks Falling

The World Trade Organization ruled that the United States could levy $7.5 billion in tariffs on exports from the EU in its ongoing Boeing-Airbus case. The decision sent European equity markets deep...

from DailyFX - Market News https://ift.tt/2n2WVoz
via IFTTT

Nasdaq 100 Price Forecast: Is the Index Headed for a Repeat of 2018?

In an eerily familiar start to October, the Nasdaq 100 has fallen beneath support following dismal US manufacturing data. Now it looks to hold above the 200DMA ahead of the incoming ISM services pr...

from DailyFX - Market News https://ift.tt/2nJ6Sb7
via IFTTT

VIX Surges Above 20 on Recession Fears, Gold Jumps & Stocks Drop

Recession fears are back on the rise and provided traders with a fresh dose of volatility to start 4Q19 with the VIX Index climbing above 20 while gold prices jump and the S&P 500 Index drops.

from DailyFX - Market News https://ift.tt/2ppCByr
via IFTTT

EUR/USD Holds Channel Support, EUR/JPY Losses Deepen as Global Growth Concerns Rise

The Euro is taking advantage of a weaker US Dollar, but that doesn’t mean it’s ‘all steam ahead’ for the single currency.

from DailyFX - Market News https://ift.tt/2nHQnft
via IFTTT

Japanese Yen Price Outlook: USD Reversal Risks Deeper USD/JPY Losses

USD/JPY marked an outside-day reversal off resistance yesterday- threating a deeper correction in price. Here are the levels that matter on the USD/JPY weekly chart.

from DailyFX - Market News https://ift.tt/2nOw8g0
via IFTTT

JPY Outperforms, CHF Drops to Parity, GBP Volatility is Coming - US Market Open

Sterling is notably sensitive to Brexit headlines. Japanese Yen outperforms as risk assets drop. Swiss Franc weakens to parity vs US Dollar

from DailyFX - Market News https://ift.tt/2oxn8M8
via IFTTT

Australian Dollar Price Outlook: AUD/USD Re-Tests Decade Lows

Can sellers breakthrough this time? AUD/USD is re-testing a key zone of support that built in August around fresh 10-year lows.

from DailyFX - Market News https://ift.tt/2owEMzW
via IFTTT

USD/CAD Price Struggling With Moving-Average Resistance

USD/CAD is currently finding resistance from all three moving averages a barrier for higher prices. Upcoming US data and Fed speak may shake the pair up going into the end of the week.

from DailyFX - Market News https://ift.tt/2nIK7Us
via IFTTT

USDCAD September Low on the Radar Ahead of ISM Non-Manufacturing

USD/CAD appears to be on track to test the September-low (1.3134) as the Federal Reserve comes under pressure to implement lower interest rates.

from DailyFX - Market News https://ift.tt/2mOe6tL
via IFTTT

British Pound Braces for Boris Johnson's New Brexit Deal

GBP will be in for a hectic session as UK Prime Minister Boris Johnson prepares to unveil his new Brexit plan as the October 31 deadline approaches.

from DailyFX - Market News https://ift.tt/2ookmZE
via IFTTT

Asian Stocks Wilt As Investors Mull Global Manufacturing Weakness

There was never likely to be much cheer around the day after investors learned US manufacturing activity hit a ten-year low. Sure enough, Asian stocks retreated.

from DailyFX - Market News https://ift.tt/2mPVv0z
via IFTTT