Wednesday, 11 December 2019

EUR/USD Outlook Ahead of ECB, Post-FOMC Analysis

The Euro may extend its gains vs the US Dollar if the ECB surprises less-dovish after the FOMC decision and commentary by Jerome Powell pressured the greenback.

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Dollar and S&P 500 Strategy for the FOMC Rate Decision

The Fed held its benchmark rate – at a premium to global counterparts – and still projects an eventual return to hikes, so why did the Dollar drop? What lies ahead for the ECB, UK election and trad...

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AUD/USD and NZD/USD Rates Soar on the Fed, Powell to Resistance

The Australian Dollar and New Zealand Dollar soared after the Fed rate decision. This leaves AUD/USD and NZD/USD face trend-defining resistance.Follow-through may have to wait.

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Canadian Dollar Outlook: USD/CAD, CAD/JPY Levels Post-FOMC

The December Fed meeting saw USD/CAD crumble under pressure as Chairman Powell reiterated a dovish “wait and see” policy path for the central bank. Can the Canadian Dollar drive higher still?

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US Dollar Steady, Stocks Tick Higher Following Fed Rate Decision

The US Dollar held steady after Fed officials expectedly held the Federal Funds rate at 1.50% to 1.75% and announced they would monitor the impact of prior policy changes on the economy.

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EUR Price Outlook: Euro Eyes ECB Meeting, Lagarde After Fed

The Euro is at risk judging by EUR/USD overnight implied volatility which spiked to a 3-month high headed into the release of the latest monetary policy updates from the ECB & Fed.

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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.

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US Dollar Ahead of the Fed: EUR/USD, GBP/USD in the Spotlight

Today is a big day for US drivers, and tomorrow shifts focus to the ECB and the UK General Election.

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AUD/USD Rises on Cross Buying, GBP/USD Downside Protection in Demand - US Market Open

AUD benefits from cross related buying in AUD/NZD, while investors take out insurance across GBP/USD losses.

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US CPI Prints at 2.1% vs Expectation of 2.0, Core at 2.3%

US CPI data for the month of November was released this morning and focus now shifts to the Federal Reserve rate decision later today.

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UK General Election Preview: Everything You Need to Know

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

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EUR/USD Forecast - Price Action Waits for Central Bank Double Header

EUR/USD volatility is expected to pick up in the short-term, from its current lowly levels, with the latest monetary policy reports out from the FOMC and the ECB.

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Brexit Briefing: GBP/USD Falls on UK Election Opinion Poll

A YouGov opinion poll ahead of Thursday’s UK General Election has raised doubts about whether the Conservative Party will win an outright majority, possibly delaying Brexit.

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US Dollar May Rise at Expense of Gold Prices on FOMC Outlook

The US Dollar may rise if the FOMC rate decision and outlook for policy in 2020 cools Fed rate cut bets at the expense of anti-fiat hedges like gold.

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Tuesday, 10 December 2019

Crude Oil Prices May Fall as the Fed Strikes a Cautious Tone

Crude oil prices may weaken while gold gains if the Federal Reserve walks back some of last month’s optimism about US-China trade talks and Brexit risk.

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Gold Price Outlook Hinges on Fed’s Summary of Economic Projections

Developments coming out of the US may sway the near-term outlook for the price of gold as the Federal Reserve updates the Summary of Economic Projections (SEP).

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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.

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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.

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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.

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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.

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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...