Monday, 7 October 2019

FX Week Ahead - Top 5 Events: Q2'19 US GDP Report & USD/JPY Rate Forecast

The September China Caixin PMIs are due on Tuesday, October 8 at 1:45 GMT, bringing the impact of the US-China trade war back in focus.

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Canadian Dollar Price Outlook: USD/CAD Rally Stalls at Resistance

The Canadian Dollar is trading near monthly lows against the US Dollar with price stalling near range extremes. Here are the levels that matter on the USD/CAD charts.

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USD/TRY: Turkish Lira Drops on Trump Tweet, Bitcoin (BTC) Gains

The Turkish Lira is coming under increased selling pressure as tensions in the Middle East heat up as Trump threatens Erdogan not to invade Northern Syria. EM capital flight could fuel bitcoin pric...

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Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.

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Euro's Strong Start to October Comes as Attention Shifts to Brexit, US-China Trade War

No news may be good news for the Euro over the coming days, given how generally disappointing economic data releases have been otherwise.

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US Dollar Price Outlook: Q4 Pullback, EUR/USD Resistance Test

The US Dollar continues to pullback and this has helped EUR/USD to recover to a key area of potential resistance.

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Euro's Strong Start to October Comes as Attention Shifts to Brexit, US-China Trade War

No news may be good news for the Euro over the coming days, given how generally disappointing economic data releases have been otherwise.

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Gold Price Technical Outlook: Gold Holds at Key Resistance

The US Dollar turned around the Q4 open, helping to buoy Gold prices. But can Gold bulls continue to push?

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Sterling (GBP) Price Action Dominated by Brexit Narrative - Webinar

The Brexit clock is ticking down to zero hour with little, if any, progress made. And PM Johnson may be bound by a court ruling to delay Brexit or face the consequences.

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AUD/USD and NZD/USD Suffer on US-China Trade War Latest - US Market Open

Safe-havens on the front foot as China casts doubts over potential interim trade agreement. AUD & NZD suffer.

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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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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...