Monday, 16 December 2019

The Singapore Dollar and MAS: What is SGD and How to Trade it?

The Singapore Dollar (SGD) is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.

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USD/CAD Analysis: Canadian Dollar Strength Abates Amid Delayed USMCA

The recent strength in the Canadian Dollar appears to be abating amid the ongoing delay in the United States-Mexico-Canada Agreement (USMCA).

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Australian Dollar Dips on Downbeat RBA Minutes, Jobs Data Up Next

The Australian Dollar wobbled just a little as the RBA said it was prepared to offer more stimulus and kept focus firmly on the labor market.

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British Pound, GBP/USD Outlook as No-Deal Brexit Fears Resurface

The British Pound fell on reports Boris Johnson sought to prevent a delay in Brexit during the transitional phase, raising prospects of a top in GBP/USD on bearish technical signals.

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US Dollar Outlook: GBP/USD, AUD/USD, USD/SEK – Levels to Watch

The US Dollar is gravitating around 5-month lows as the Fed floods the market with liquidity via reverse repo operations. Where is USD price action headed next?

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Nasdaq 100 Forecast: Can Semiconductors Lead the Index Higher?

The Nasdaq 100 soared to record levels on Monday as the December 15-tariff deadline was successfully postponed. With Micron earnings ahead, can semiconductors extend the Nasdaq’s rally?

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Market Cycles | Phases, Stages, and Common Characteristics

Markets have been cycling since the beginning of time and will continue to do so for as long as they exist; in this piece a blueprint is laid out for how these occur and signposts to watch.

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US December PMI Data Prints Near Expectations

This morning brought the release of US services and manufacturing PMI for the month of December to the tune of 52.2 and 52.5 v/s the expectations of 52.0 and 52.6, respectively.

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Weekly US Dollar Forecast: Calendar Winds Down into Year-End

The forex economic calendar will do little by way of helping the US Dollar in the last full week of the year.

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US Dollar: GBP/USD Rallies, USD/CAD Sells-Off as AUD/USD Builds Base

Last week was big for global markets and a number of major currencies put in notable moves as year-end looms.

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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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British Pound (GBP) Underpinned and Looking to Move Higher - Webinar

Sterling is off its best levels made at the end of last week but remains supported. In the equity space, the FSTE 100 and the FTSE 250 are powering ahead.

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Sterling (GBP) Price Outlook - Positive Sentiment But Don't Push Too Hard

Sterling remains better bid at the start of the week and is expected to push further higher, with little in the way of negative news to dampen the rally.

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British Pound May Fall on PMI Data, BoE Report, Brexit Talks

The British Pound may trim some of its recent post-election gains if the Bank of England’s financial stability report and PMI data spook markets. What’s next for Brexit?

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Sunday, 15 December 2019

Crude Oil Prices Slip as Lack of US-China Trade Detail Worries Investors

Crude oil prices had done well last week as trade and Brexit risks appeared to recede. However, a lack of detail in US-China talks has investors fretting that progress may be less significant than ...

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AUD/USD Fails to Close Above 200-Day SMA Despite US-China Trade Deal

The failed attempt to close above the 200-Day SMA (0.6909) undermines the recent advance in AUD/USD amid the historical tendency around the moving average.

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World's Oldest Central Bank to Exit Negative Rate Policy First

The Riksbank – the world’s oldest central bank - will exit its negative interest rate policy for the first time in known history as officials explore uncharted territory with unknown consequences.

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Indonesian Rupiah, Malaysian Ringgit May Rise on US-China Deal

The Indonesian Rupiah, Malaysian Ringgit, Philippine Peso and Singapore Dollar may continue their rise against the US Dollar on global optimism amid a US-China trade deal.

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Gold Price Holds Support Zone as Trump Negotiates Phase Two Trade Deal

The ongoing shift in US trade policy may continue to sway the price of gold as the Trump administration “will begin negotiations on the Phase Two Deal immediately.”

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Australian Dollar Spikes as China Retail, Industrial Figures Beat Forecasts

The Australian Dollar had been in retreat as US-China trade optimism was tempered, but it gained on stronger numbers out of the world's second-largest economy.

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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...