Monday, 7 October 2019

EURUSD Price Outlook Remains Weak After Fresh Bearish Data

The latest economic data from Germany and the Eurozone continues to point to ongoing economic weakness in the zone, leaving the single currency further biased to the downside.

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Crude Hold Above 2019-Low as OPEC Pledges to Stabilize Oil Prices

The price of oil has bounded back ahead of the 2019-low ($50.52), with the Organization of the Petroleum Exporting Countries (OPEC) pledging to stabilize crude prices.

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Sunday, 6 October 2019

Euro May Fall vs US Dollar if German Factory Orders Spook Markets

The Euro may suffer vs the US Dollar if German factory orders data falls short of forecasts and fuels concerns about the Eurozone’s growth prospects.

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Asia Stocks Mixed Again, Looming US-China Trade Talks Nervously Eyed

Officials from Washington and Beijing are set to get around the table again this week with the usual flood of rumors swirling beforehand as to what they might get done.

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US Dollar May Gain on Singapore Dollar, Rupee if Trade Talks Falter

The US Dollar may rise if US-China trade talks falter, ignite risk aversion. Ahead, the Singapore Dollar may fall on the MAS. The Indian Rupee could weaken on industrial production.

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US Dollar May Rise vs Nordic FX Ahead of FOMC Minutes, Trade Wars

The US Dollar may rise vs the sentiment-linked NOK and SEK as the Fed prepares to release the FOMC meeting minutes against the backdrop of volatile trade war developments.

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AUD/JPY Slips. Heavy China Foreign Reserve Slide Prompts Risk Off Move

China’s foreign exchange reserves plunged by more than twice the amounts markets were looking for last month, keeping investor focus on trade war fallout.

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AUD/USD Rate Rebound Rattled by Fears of Prolonged US-China Trade War

Signs of a prolonged US-China trade war may continue to rattle the recent rebound in AUD/USD as it puts pressure on the RBA to further embark on its rate easing cycle.

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New Zealand Dollar Downtrend May End as NZD/USD Clears Resistance

The New Zealand Dollar could rise as sentiment improves in Asia trade after the latest US NFPs report sent the S&P 500 higher. NZD/USD may close above key descending resistance.

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Q4'19 Euro Technical Forecast: Euro on Unstable Ground versus G10 Currencies

Midway through Q3’19, fresh yearly lows were reached in EURJPY and EURUSD – but not due to speculation around ECB policy alone.

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Stock Market Q4 Forecast: The Weight of Trade Wars May Finally Crack the Dow Jones

The third quarter saw global equity markets tread higher as the European Central Bank and Federal Reserve delivered on their previously-promised monetary easing but threats to the rally remain.

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Q4 GBP Fundamental Teaser

Throughout the final quarter of 2019, UK politics will continue to outweigh the economics when it comes to providing volatility and direction for the Pound.

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Saturday, 5 October 2019

Gold Price Forecast for 2019 Remains Bullish on Divided FOMC

The price of gold may exhibit a bullish behavior over the remainder of 2019 amid falling interest rates along with the inverting US yield curve.

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Dollar 4Q Forecast: US Dollar May Require Systemic Shock to Secure a Direction

The Dollar is facing a volatile backdrop of competing fundamental themes – a state that has surprisingly robbed the currency of its inertia. Which of these issues is likely to take charge and resto...

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Crude Oil Fundamental Forecast Q4 Intro

Crude oil prices continue to face pressure from formidable headwinds ranging from the US-China trade war to strained geopolitical tensions across the world.

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Friday, 4 October 2019

Japanese Yen May Be Less Comfortable Than It Now Appears

Weaker stock markets, along with global trade and growth worries have supported the Japanese Yen lately. The authorities’ response could strip that support away.

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US Dollar Price Volatility Report: Trade Wars, Powell & Inflation Eyed

The US Dollar faces another week of high-impact event risk surrounding trade war developments, commentary from Fed Chair Powell and economic data releases. Here's where USD pairs might head next.

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Stock Market October Forecast: Prepare for Volatility

As the market enters the fourth and final quarter of the year and the decade, the stock market will likely have to weather heightened volatility which sparked an equity rout this time last year.

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US Dollar Forecast Sours as Fed Rate Cut Odds Rise, US Yields Sink

The area where the DXY Index found resistance this week was the trendline helping constitute resistance in the longer-term bearish rising wedge – an ominous topping pattern that persists.

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Crude Oil Price Outlook Brightens as Support Holds on Firm NFP

Crude oil prices rebounded off confluent support after a "goldilocks" US jobs report downplayed recession fears but reinforced prospects for further monetary policy accommodation from the Fed.

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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...