NZD/USD Rate May Rise as AUD/USD Price Falls on Trader Bets

Market positioning hints that NZD/USD may turn higher as the AUD/USD extends its near-term drop ahead of the Fed, the UK General Election and the December 15 US-China tariff deadline.

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

NZD/JPY Technical Outlook: Bearish Correction Ahead?

NZD/JPY may have a bearish correction in the cards as the pair loses upside momentum and approaches a formidable multi-year resistance channel.

from DailyFX - Market News https://ift.tt/2LKcn1T
via IFTTT

AUD/USD Rate Vulnerable to No Change in Fed Interest Rate Dot-Plot

Little to no change in the Federal Reserve’s interest rate dot-plot may drag on AUD/USD amid the deviating paths for monetary policy.

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

US Dollar Bounces on Support, British Pound Sees Selling Pressure

The US Dollar bounced on key support amid broad weakness in the British Pound. The anti-risk Japanese Yen may gain as uncertainty prolongs in US-China, USMCA trade deal bets.

from DailyFX - Market News https://ift.tt/2sY2PK3
via IFTTT

Fed Meeting Preview: US Dollar Volatile Around FOMC Decisions

Fed meetings are historically associated with above-average volatility in the US Dollar and brings EUR/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF and AUD/USD price action into focus headed into Wednes...

from DailyFX - Market News https://ift.tt/2Pz9X7l
via IFTTT

GBP/USD: Cable Drops as Conservative Lead over Labor Fades – YouGov Poll

GBP prices dropped from session highs after the latest UK election poll from YouGov showed that the projected conservative majority dropped by 20 seats and raises the risk of another hung Parliament.

from DailyFX - Market News https://ift.tt/38rdXzu
via IFTTT

Crude Oil Price May Climb on OPEC Meeting Outcome if Trade War Allows

Crude oil has surpassed its 200-day moving average as it takes aim at $60 a barrel following a bullish decision from OPEC to extend production cuts. Will the move allow for a continuation higher?

from DailyFX - Market News https://ift.tt/2P9gF5e
via IFTTT

US Dollar Outlook Hinges on FOMC Guidance, Fed Balance Sheet

US Dollar outlook remains focused on the December Fed meeting with forex traders likely directing attention toward updated FOMC projections and commentary from Fed Chair Powell.

from DailyFX - Market News https://ift.tt/35fC1U8
via IFTTT

US Recession Watch, December 2019 - Recession Odds Down on US-China Trade Deal Hopes

There is less than a 25% chance of a recession hitting the United States within the next 12-months, according to the NY Fed Recession Probability Indicator.

from DailyFX - Market News https://ift.tt/38mHD0x
via IFTTT

Canadian Dollar Rallies Alongside Oil Prices - Next Levels for USD/CAD

With energy markets trading higher at the start of the week, the oil-sensitive Canadian Dollar has been able to continue its rebound after last week’s jobs reports.

from DailyFX - Market News https://ift.tt/2REoP6Z
via IFTTT

Euro Price Outlook: EUR/USD Battle Lines Drawn ahead of FOMC

Euro reversed off confluence resistance last week with the recent recovery again eyeing this zone. Here are the levels that matter on the EUR/USD technical price charts.

from DailyFX - Market News https://ift.tt/2RC44Ji
via IFTTT

75 Years Later, The Lessons of Bretton Woods Have Been Forgotten

The 75th anniversary of the Bretton Woods conference was at the end of July, and the concerns that were present in 1944 are reasserting themselves as significant threats to the global economy in 2019.

from DailyFX - Market News https://ift.tt/2yhhO1f
via IFTTT

GBP/USD Eyes Final MRP Poll, South African Rand (ZAR) Collapses - US Market Open

GBP/USD shrugs off weak UK data as focus remains on YouGov MRP poll. South African Rand collapses on Eskom concerns.

from DailyFX - Market News https://ift.tt/2YEfZb8
via IFTTT

US Dollar Primed for CPI, FOMC as GBP/USD Rally Continues

Tomorrow is big for global markets and as a focal point, the US Dollar. The devil is in the details as the Fed is expected to hold policy, but what else might they say?

from DailyFX - Market News https://ift.tt/2E0nkZ0
via IFTTT

Market Sentiment Stable as Trade Deadline Nears | Webinar

Market confidence is a little weaker than it has been recently as the December 15 deadline for new US tariffs on Chinese imports draws closer but as yet there have been no large risk-off moves.

from DailyFX - Market News https://ift.tt/2E5VSsR
via IFTTT

US Dollar Charts – Euro, Pound, Silver Outlook & More

In today's session, we looked at a few USD charts as the Greenback looks towards support, as well as precious metals.

from DailyFX - Market News https://ift.tt/36idNbR
via IFTTT

UK General Election Preview: Everything You Need to Know

The UK election is expected to generate significant volatility for GBP/USD. As it stands, polls suggest a Conservative majority, which is expected to push GBP/USD higher.

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

Gold Prices May Rise as Markets Eye Fed, UK Vote, US Tariffs

Gold prices may rise while bond yields fall as markets turn defensive before the FOMC rate decision, the UK general election and a planned US tariff hike.

from DailyFX - Market News https://ift.tt/38ydmfw
via IFTTT

Brexit Briefing: Nigel Farage's Election Strategy Backfires

The UK General Election campaign of Nigel Farage, the leader of the Brexit Party, is spluttering as Prime Minister Boris Johnson continues to repeat his mantra: Get Brexit Done.

from DailyFX - Market News https://ift.tt/2P4sfhR
via IFTTT

Gold Price Nudging Slowly Higher, Silver Outlook Supportive Ahead of Risk

Gold continues to nudge higher off its recent four-month low and is attempting to break a noted technical resistance level. Silver continues to respect support after its recent sell-off.

from DailyFX - Market News https://ift.tt/2sY1piI
via IFTTT