Wednesday, 23 October 2019

British Pound Outlook: GBP Eyes BoE Testimony Amid Brexit Drama

The British Pound may continue to erase its recent gains if Bank of England Governor Mark Carney’s testimony to the House of Lords amplifies Brexit fears and pressure GBP crosses.

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

Tuesday, 22 October 2019

Crude Oil Prices Fade Despite OPEC-Cut Reports, US Stock Build Eyed

Crude oil prices were initially supported by news that traditional producers may consider more production cuts, but the bullish effect of this did not last very long.

from DailyFX - Market News https://ift.tt/2N43MHd
via IFTTT

Trump Policies Invite Inflation But Gold Prices May Fall Anyway

Gold prices may fall while the US Dollar gains even as economic policies championed by the Trump administration invite inflation.

from DailyFX - Market News https://ift.tt/32IKC08
via IFTTT

EUR/USD Rate Initiates Lower Highs and Lows Ahead of ECB Meeting

EUR/USD may stage a larger pullback ahead of the European Central Bank (ECB) meeting as the exchange rate carves a fresh series of lower highs and lows.

from DailyFX - Market News https://ift.tt/2qCq1fU
via IFTTT

GBP/USD and GBP/JPY Contrarian Outlook May Shift on Brexit Delay?

The British Pound may be at risk to losing upside momentum against the US Dollar and Japanese Yen as Brexit limbo fuels a shift in GBP/USD and GBP/JPY contrarian trading outlooks.

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

Gold Price Outlook: Bull Flag Emerges amid Failure to Test Monthly-Low

Failure to test the monthly-low ($1459) may bring back the topside targets for the price of gold as a bull-flag formation takes shape.

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

US Dollar, JPY May Rise if Q3 Earnings Show Wounds from Trade War

The US Dollar and Japanese Yen may rise if corporate earnings from industrial giants Boeing and Caterpillar show thinning profit margins amid the US-China trade war.

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

GBP/USD Rate Sinks as Brexit Limbo Opens the Door to Yen Strength

The British Pound and S&P 500 sunk as Brexit limbo engulfed financial markets, leaving the door open for the anti-risk Japanese Yen to regain lost ground against the AUD and NZD.

from DailyFX - Market News https://ift.tt/31Fn6j8
via IFTTT

US Dollar Price Volatility Report: GBP/USD in Brexit ‘Limbo’

The US Dollar is attempting to reverse recent downside as the greenback rebounds off confluent support while risk trends begin to show signs of deteriorating as Brexit uncertainty reemerges.

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

Dow Jones Forecast: Boeing's Earnings Could Spell Disaster for the Average

After starting the week off strong, earnings season turned to a mixed bag on Tuesday as some companies missed expectations. Now, the Dow Jones awaits earnigns from its largest component.

from DailyFX - Market News https://ift.tt/2N7PuFq
via IFTTT

Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

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

from DailyFX - Market News https://ift.tt/2Tox1r4
via IFTTT

Aussie Price Outlook: Australian Dollar Surges into Trend Resistance

Aussie surged more-than 3% off the monthly lows with the advance now eyeing confluence downtrend resistance. Here are the levels that matter on the AUD/USD price charts.

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

GBP/USD and EUR/GBP in Focus After Second Reading Brexit Vote Passes, Timetable Vote Fails

The British Pound swung wildly after UK Prime Minister Boris Johnson received preliminary approval for his Brexit deal from members of parliament.

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

Nasdaq 100 Forecast: Tech Stocks to Bring Volatility in Earnings Season

After starting the week off strong, earnings season turned to a mixed bag on Tuesday morning as some companies missed expectations. Now, the Street will turn to Snapchat and Texas Instruments.

from DailyFX - Market News https://ift.tt/2Pa9xWt
via IFTTT

Currency Wars: What to Expect if a Currency War Breaks Out?

The risks of a full-blown currency war is at an all-time high since the US-China trade began. While trade wars are fought with tariffs, currency wars can be fought in several ways.

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

Sterling Price Outlook: British Pound Tests 1.30– Cable Break or Bend

Sterling surged more than 6.6% off the yearly lows with the advance now targeting near-term uptrend resistance. Here are the levels that matter on the GBP/USD charts.

from DailyFX - Market News https://ift.tt/2N6rFh8
via IFTTT

Crude Oil Prices Jump on OPEC Supply Cut Hopes This December

The price of crude oil spiked nearly 2% on reports that OPEC and its allies are debating whether to extend - and potentially increase - crude oil supply at its December meeting amid slowing global ...

from DailyFX - Market News https://ift.tt/2MAMh28
via IFTTT

GBP/USD Drops as Government Threatens Election, Canadian Dollar Unfazed by Election - US Market Open

Sterling fell to session lows after the government threatened to pull the bill if MPs vote down the programme motion. Canadian Dollar unfazed by election.

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

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

The US Dollar has continued to fall in Q4 and the FOMC rate decision is on the calendar for next week. Can USD sellers continue to push?

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

Market Sentiment Broadly Positive | Webinar

Trader confidence has recovered on hopes of a US-China trade truce and optimism that a hard Brexit can be avoided.

from DailyFX - Market News https://ift.tt/2P9lLyB
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...