Friday, 25 October 2019

Brexit Latest: Has Sterling (GBP) Priced-in Any General Election Risk Yet?

The Brexit saga takes another twist as UK PM Boris Johnson calls for a General Election while the opposition party shies away from going to the country for now. Sterling needs to look at these shor...

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How to Trade the Impact of Politics on Global Financial Markets

As the global economy continues to contract, the risk of geopolitical threats undermining financial and economic stability are rising, leaving the door open to violent volatility – and trading oppo...

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Thursday, 24 October 2019

Crude Oil Prices Slip Back After Week's Gains, Demand Worries Drive

Crude oil prices got a fillip earlier this week from a stronger than expected US stock drawdown. But gloomy economic data elsewhere has begun to drag.

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US Dollar May Rise as Markets Stockpile Cash Despite Fed Rate Cuts

Recent US Dollar weakness may give way to the next leg in an almost two-year uptrend as markets stockpile cash despite the Fed’s interest rate cut cycle.

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How Crude Oil Prices React to Weather-Induced Disruption Fears

With increasing volatility in weather patterns, how might storms, hurricanes and floods rattle the supply chain for petroleum-based products and impact crude oil prices?

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Indian Rupee Will Struggle Along With India's Troubled Banking Sector

As China’s growth slows, the currency of the other Asian titan ought to be burnished as investors look elsewhere. However, that’s not happening.

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Gold Price Forecast: Bull Flag to Negate Head-and-Shoulders Top

The price of gold breaks out of a narrow range, with a bull-flag formation taking shape amid the failed attempt to test the monthly-low ($1459).

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Yen Rose After Draghi, Pence, Amazon Earnings. NZD/USD May Reverse

The Japanese Yen may rise ahead as S&P 500 futures sink. The New Zealand Dollar could be topping after Mario Draghi, Mike Pence and disappointing Amazon earnings soured risk appetite.

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US Dollar Price Volatility Report: Recession Risk Eyes Sentiment

US Dollar implied volatility measures fade into Friday's trading session, though recession risk will be front and center with consumer sentiment data on deck and US-China trade tensions back on the...

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Amazon Earnings and Consumer Appetite, Will Trade Wars Steal Christmas?

Amazon’s quarterly earnings due Thursday afternoon are destined to provide crucial insight on the state of consumer spending ahead of the upcoming holiday season.

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Canadian Dollar Price Outlook: USD/CAD Free-Fall Slows- Loonie Levels

The Canadian Dollar has continued its counter-offensive with USD/CAD now approaching the first support hurdle. Here are the levels that matter on the Loonie charts.

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US-China Trade War Latest: VP Pence Speaks with Hawkish Tone

US Vice President Mike Pence is giving a speech on trade relations with China and provides markets with Washington's latest commentary on outstanding issues like national security and human rights.

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Gold Price Targets: XAU/USD Threatens Breakout- GLD Outlook

Gold prices are coiling into the monthly opening-range just below downtrend resistance- breakout imminent. Here are levels that matter on the XAU/USD charts.

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US-China Trade War Latest: VP Pence Speaks with Mixed Tone

US Vice President Mike Pence is giving a speech on trade relations with China and provides markets with Washington's latest commentary on outstanding issues like national security and human rights.

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USD/JPY Slides on Weak Durable Goods but Bounces on PMI Data

USDJPY gained after the release of US Markit Manufacturing data this morning following a weak US durable goods print

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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

Draghi's final meeting atop the ECB is now in the books, and focus shifts to a flurry of US data in the week ahead as the Q4 USD reversal remains in focus.

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ECB Announces Monetary Policy Decision, EUR/USD Unmoved

The Euro sees a muted response following the ECB monetary policy decision in which the central bank kept policy tools unchanged

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DAX Price Action Setup: ECB Volatility Muted, Eyes on US Data

DAX extends on gains to trade at highest level since mid-2018. ECB unlikely to provide notable volatility, therefore we look towards US PMI surveys.

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Brexit Latest: Sterling (GBP) Remains Firm Despite Ongoing Confusion

Brexit disarray continues as talk of a general election continues to swirl round the market with none of the major parties yet to take a firm stance.

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EUR/USD Price Outlook: ECB Meeting Now in Focus After Mixed PMIs

EUR/USD added 20 pips then gave them back after a mixed bag of PMIs with France outperforming, while Germany remains mired. Next up, President Mario Draghi's last ECB meeting and press conference.

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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...