The Australian and New Zealand Dollars trimmed their gains as optimism on the US-China “phase one” trade deal faded. NZD/USD is at risk to turning lower on signs of technical indecision.
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Sunday, 15 December 2019
Dow, Pound and Aussie Dollar Test Post Trade War, Election Breakouts
This past week showed a remarkable amount of volatility given the general market conditions and being so late in the season. Will a trade war breakthrough and UK election result that thaws the Brex...
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Dow Jones, DAX 30, FTSE 100 Forecasts: Major Risks Are Removed
Stocks enjoyed a broad removal of risk last week as the US and China seemingly reached a phase one trade deal while the UK general election saw conservatives gain an outright majority. What’s next?
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Saturday, 14 December 2019
Sterling (GBP) Weekly Forecast - Short-Term Opportunities Opening Up
The UK population voted the Conservative government back in with a strong majority, giving PM Johnson the backing to push Brexit through. And Sterling (GBP) likes it.
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Euro Outlook May Darken on Slow Growth, Dovish ECB
The Euro may fall as the EU-US trade spat hurts already sluggish economic growth, locking in an ultra-dovish ECB stance and cementing its yield disadvantage.
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Gold Price Outlook Bearish on Easing Trade Tensions, GDP Data
Gold prices may suffer if better-than-expected US economic data and progress on US-China trade negotiations cool 2020 Fed rate cuts and alleviate demand for anti-fiat hedges.
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Friday, 13 December 2019
Oil Price Outlook Mired by Sticky US Crude Output
The price of oil preserves the advance following the OPEC meeting as the US and China, the two largest consumers of crude, reach a trade deal.
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US Dollar Outlook: FX Volatility Rising from Extreme Lows – USD Levels to Watch
Currency volatility is showing signs of resuscitating as the US Dollar Index breaks down to its lowest level since July despite the FOMC confirming its shift from dovish to neutral on rates.
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Stock Market Crashes: Current Climate Compared to Prior Conditions
The stock market has rallied into the last months of the year, but 2019 was not without its turbulence and many pundits still fear a total collapse. But are those fears justified with stocks at rec...
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Dow Jones & DAX 30 Outlook: German Stocks to Close the Gap?
The Dow Jones and DAX 30 both enjoyed a boost from positive trade headlines this week, but new ECB policy and Brexit clarity could see the DAX 30 outperform US equities in the weeks to come.
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Euro Forecast: Reversals Gather Pace in EUR/JPY, EUR/USD
After the December ECB meeting and the UK general election, the EUR-crosses are giving up their gains.
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Canadian Dollar Outlook: USD/CAD Slides into Support– Loonie Trade Levels
The Canadian Dollar is firmer on the week against with price testing confluence support on Friday. Here are the levels that matter on the USD/CAD technical charts.
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Dow Jones Surges, Yuan Spikes as China Confirms Trade Deal with US
Stocks in the Dow Jones and S&P 500 are soaring alongside the Chinese Yuan as Beijing confirms trade negotiators have reached a partial deal in text with Washington and cancelation of Dec 15 tariffs.
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US Dollar Falls to Five-Month-Lows as GBP/USD, EUR/USD Break Out
The past 24 hours have produced some notable moves across the FX-space, setting the tables for what looks to be an eventful backdrop in 2020.
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US Dollar Breaking – GBP/USD, EUR/USD Charts for Next Week & More
In today's session, we discussed the precarious positioning of USD as the year nears an end, Cable's big jump on the election results and the Euro's upside potential.
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Crude Oil Price Analysis: Positive US-China Trade Talk Powers Rally
A positive technical outlook and news that the US and China have agreed a deal in principle sent oil surging with multi-month highs within touching distance.
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Sterling (GBP) Outlook Post-Election: GBP/USD and EUR/GBP Price Analysis
Sterling (GBP) powered higher after the UK Conservative party won a strong majority at the General Election. Will the market continue to rally, or does it need to consolidate before the next push h...
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Euro Stoxx 50 May Rally on UK Election, Retail Sales Data
Equities may climb higher early into the European and US session as both regions wake up to market-friendly exit polls on the UK election and progress on US-China trade talks.
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Crude Oil Prices Eye US-China Trade Deal Terms for Direction
Crude oil prices edged up as markets cheered the UK general election outcome and a nearly-there US-China trade deal, but technical cues continue to send warning signals.
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Thursday, 12 December 2019
GBP/USD Soars as Boris Johnson Wins Substantial Majority, What Happens Next?
GBP/USD Soars after Conservatives look set to win the largest majority since 1987. What next for the Pound?
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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...
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The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
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AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...