Friday, 11 October 2019

Brexit Latest: GBP/USD Rally Holds, Eyes on Today's Crucial Brexit Meeting

GBP/USD holds sharp rally as optimism surrounding the prospect of a Brexit deal keeps the pair underpinned. Markets await confirmation from today’s Brexit meeting.

from DailyFX - Market News https://ift.tt/35oxLC3
via IFTTT

Thursday, 10 October 2019

US Dollar May Recover Versus Euro, Pound if Trade Talks Falter

The US Dollar may recover against the Euro and British Pound if a collapse in US-China trade talks sinks market mood and fuels haven demand, boosting the highly-liquid Greenback.

from DailyFX - Market News https://ift.tt/2M4EIjU
via IFTTT

Asia Stocks Jump As Trade Hopes Endure, Trump-Liu Meet Eyed

Optimism that something solid will come out of this week’s Washington get-together of high-level negotiators from China and the US kept equity well underpinned Friday. Such hopes have been dashed b...

from DailyFX - Market News https://ift.tt/33hBHm4
via IFTTT

Crude Oil Prices Brace for More Trade Talks and Key Drilling Data

Crude oil prices surged on Thursday amid new developments in the US-China trade war and are now eyeing more negotiations between key officials against the backdrop of key drilling data.

from DailyFX - Market News https://ift.tt/2M2Cema
via IFTTT

US Dollar Price Volatility Report: Consumer Sentiment Data Due

The US Dollar breached a major support level and exposes the greenback to further downside - particularly if US-China trade talks sour or Friday's release of consumer sentiment data disappoints.

from DailyFX - Market News https://ift.tt/2q3wNuS
via IFTTT

AUD/USD Bounces Back as Trump Fuels Hope for US-China Trade Deal

AUD/USD retraces the decline from earlier this week as US President Donald Trump tweets that Friday will be a “big day of negotiations with China.”

from DailyFX - Market News https://ift.tt/316RLFM
via IFTTT

GBP/USD Rallies Most Since 2017 on Brexit Optimism, Yen May Weaken

The British Pound may continue its Brexit-fueled rally, clearing resistance. The anti-risk Japanese Yen may weaken as US-China trade deal optimism extends into Friday’s session.

from DailyFX - Market News https://ift.tt/2B3nwoE
via IFTTT

Canadian Dollar Outlook: USD/CAD, EUR/CAD, CAD/JPY, GBP/CAD

The Canadian Dollar appears ripe for heightened volatility with Friday's release of Canada jobs data on deck, which has potential to sway the BOC's monetary policy outlook later this month.

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

British Pound (GBP) Surges as Varadkar Hints at Brexit Deal

The Pound Sterling is rallying as the latest Brexit news points to a possible breakthrough over the controversial Northern Ireland backstop according to Varadkar, which could lead to a deal.

from DailyFX - Market News https://ift.tt/2B24KhG
via IFTTT

Silver Price Outlook: XAG/USD Stalls but Risk Remains– Trade Levels

Silver plummeted nearly 11% off the September highs with price stuck in a wide range just below resistance. Here are the levels that matter on the XAG/USD weekly chart.

from DailyFX - Market News https://ift.tt/30X7vva
via IFTTT

US Dollar Catches Support After Another Core CPI Print at 2.4%

The US Dollar caught support this morning after another Core CPI print at 2.4%. But will this dissuade the FOMC from rate cuts at the meeting later this month?

from DailyFX - Market News https://ift.tt/314vfO3
via IFTTT

US Dollar Rallies as US Inflation Report Alleviates Immediate Recession Fears

Headline September US CPI missed expectations at 1.7% y/y, but given fears of an even deeper setback, traders are looking at the US inflation report as a relief.

from DailyFX - Market News https://ift.tt/2Vt8Okc
via IFTTT

EUR/USD Price Action: Euro Breaks out of Downtrend - US Market Open

Euro breaks out of 3-month downtrend; however, current macro backdrop may see gains somewhat limit. Swedish Krona rallies.

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

FTSE 100 Forecast: Death Cross Signals Bad Omen for FTSE 100

FTSE 100 forms a death cross, raising risks to the downside. Prior death cross formations have typically shown the FTSE 100 heading lower.

from DailyFX - Market News https://ift.tt/2Vw8u4w
via IFTTT

GBP/USD Nudges Higher After UK GDP Update, Brexit Meeting Nears

Sterling (GBP) picked-up a small short-term bid after the latest UK growth data. Three-month rolling GDP picked up, but August’s monthly reading fell into negative territory.

from DailyFX - Market News https://ift.tt/2B0MJQQ
via IFTTT

EUR/GBP Price Analysis - Running into Fibonacci Resistance

EUR/GBP is approaching an important technical indicator which will define the short-term price movement. A clean break and close higher is needed to keep the recent bullish momentum intact.

from DailyFX - Market News https://ift.tt/2p4lfai
via IFTTT

Wednesday, 9 October 2019

GBP/USD at Risk for Further Losses as Brexit Negotiations Collapse

GBP/USD extends the decline from the monthly-high (1.2413) amid little signs of an imminent Brexit deal.

from DailyFX - Market News https://ift.tt/2OBlp3s
via IFTTT

Asia Stocks, Currencies Whipsaw on US-China Trade Headline Blitz

Asia-based investors had to deal with apparently conflicting news on US-China trade talks. Optimism seems to be edging it for now, but hard facts remain elusive.

from DailyFX - Market News https://ift.tt/2AUTC62
via IFTTT

Gold and Crude Oil Price Outlook Vulnerable to US-China Trade News

Gold and crude oil prices are vulnerable to volatile US-China trade updates after markets swung between a lack of progress in talks and reports of a currency pact. US CPI data is due.

from DailyFX - Market News https://ift.tt/2M44vc9
via IFTTT

AUD, NZD Pop Higher On Report US Considering China Currency Pact

News that some progress might be made in US/China trade talks boosted growth correlated currencies, as did reports that the US will allow some companies to supply Huawei.

from DailyFX - Market News https://ift.tt/32eAuMc
via IFTTT

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...