Friday, 6 December 2019

US Dollar Outlook Bullish on Jobs Data Despite Trade War Risks

The US Dollar may rise if a cascade of employment statistics shows strong job creation and cools the urgency for 2020 Fed rate cuts in spite of mounting US-China trade tensions

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Thursday, 5 December 2019

Crude Oil Prces Slip as Markets Look To OPEC+, US Payrolls Data

Crude oil prices edged back a little as OPEC agreed to more production cuts and the market awaited ratification. Gold was steady as US labor numbers approached.

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US Dollar Outlook: USD/INR Rate May Gain After RBI Shocked Markets

The Indian Rupee soared after the Reserve Bank of India surprised with a rate hold. USD/INR may climb as support reinstates the uptrend ahead of Indian CPI and global trade tensions.

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British Pound Outlook Bullish Ahead of BBC Debate, UK Election

The British Pound may rise following the BBC debate between Prime Minister Boris Johnson and Leader of the Opposition Jeremy Corbyn ahead of the UK election on December 12.

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USD/CAD Rate Forecast: Monthly Opening Range Warns of Further Losses

The monthly opening range casts a bearish outlook for USD/CAD as the exchange rate snaps the range-bound price action from the last week of November.

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US Dollar Drop Eyes Support as the Euro and British Pound Rise

The US Dollar eyes its worst week since October as the Euro and British Pound rose. Treasury bills saw their lowest yield since 2018, likely reflecting US-China trade deal skepticism.

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US Dollar Volatility Due to Rise with Jobs Data & Fed on Deck

The US Dollar has succumbed to an influx of risk appetite driven by hopes for a partial US-China trade deal, but another robust nonfarm payrolls (NFP) report could send the Greenback higher.

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Australian Dollar Forecast: AUD/USD, AUD/JPY Test Key Resistance

The Australian Dollar has climbed versus the US Dollar and Japanese Yen in the last few months, despite waning risk appetite, so are the rebounds overdone or just beginning?

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Pre-NFP Price Action Setups Across the US Dollar

USD bears have continued to push through December and tomorrow brings NFP's.

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Global Rate Cut Cycle Looks Finished for Now - Central Bank Watch

Most major central banks won’t meet again until mid-January or early-February. For those with meetings remaining in 2020, no rate moves are expected.

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Oil Price Outlook: Crude Rips into Resistance – WTI Trade Levels

Oil prices have rallied more than 6% into the December open with crude now testing major weekly resistance. Here are the levels that matter on the WTI weekly chart.

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US Dollar Forecast: Major Topping Potential in Play? Key Levels for DXY Index

The US Dollar has continued to slide during the first week of December, bringing into focus a potentially major technical breakdown.

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Market Volatility: The Impact of Volatility in Major Financial Markets

Past periods of volatility set historical precedence for traders navigating the markets today. Discover the biggest volatility cycles and spikes ever witnessed.

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AUD/USD Down Under, Crude Oil Prices Choppy on OPEC - US Market Open

Volatile session thus far for crude oil futures as markets await OPEC’s decision, while AUD/USD is down under yet again on weak data.

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Canadian Dollar Surges post-BoC, USD/CAD Breaks Down: CAD Outlook

USD/CAD was previously resistance to USD-weakness. That changed around yesterday's BoC rate decision, and CAD bulls have returned with a vengeance.

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Crude Oil Volatility Soars amid OPEC Risk, Investors Bet on Oil Price Breakout

Crude oil volatility rises as OPEC ministers convene for their bi-annual meeting. Eyes on for deeper oil cuts to ease concerns over a 2020 supply glut.

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Brexit Briefing: Likely Timetable if Conservatives Win UK General Election

The recent strength of GBP/USD suggests Sterling has now priced in a UK election victory for the ruling Conservatives; here’s the outlook for the Pound and a possible post-election Brexit timetable.

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Euro Outlook Clouded Amid Regional Slowdown, EU-US Trade War

The Euro may fall if Eurozone jobs and GDP data reinforce the urgency for ECB liquidity provisions as regional growth continues to struggle amid intensifying EU-US trade tensions.

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Wednesday, 4 December 2019

Crude Oil Prices Hold Gains As Market Looks To OPEC, Aramco IPO

Crude oil prices gained in the US on news of a large, unexpected inventory drawdown but the market has bigger things to concentrate on as OPEC+ meets and the Aramco IPO is priced.

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Post-RBA AUD/USD Rebound Vulnerable to Waning Hopes for US-China Deal

The recent rebound in AUD/USD may prove to be short lived amid waning hopes for a US-China trade deal.

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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...