Top 5 Most Market Moving Grey Swans to Watch for 2020

There are events for which an intense impact is still a possibility but for which their occurrence is at least a possible blip on the radar. These are ‘Grey Swans’ and these are my top five for 2020.

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EUR Forecast 1Q-2020: Weakness Likely to Persist in Early 2020 Before Rallying Later in The Year

The persistent weakness of the Euro against the US Dollar, which began in late September 2018, will likely persist in the first few months of 2020 although a rally could follow as the US Presidenti...

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Gold Price Clears November High as RSI Sits in Overbought Territory

The price of gold clears the November high ($1516) and recent developments in the RSI instill a bullish outlook for bullion as the oscillator sits in overbought territory.

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Top Trade Idea 2020: Long NOKSEK – Seasonal Trends Remain Prominent

As has typically been the case over the past 5-years price action in NOK/SEK has been typically characterized by selling into the yearend before posting a notable rebound in Q1.

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Australian Dollar Up as China Manufacturing PMI Hangs On Above 50

The Australian Dollar continued to gain on a holiday-hit Tuesday as official data showed that China’s nascent manufacturing expansion lasted another month.

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Top Trade Idea 2020: Long Gold as Central Banks Remain Accommodative and Inflation Rebounds

The performance of gold was quite solid in the first half of 2019 and even outpaced the rally in major equity indices like the Dow Jones for part of the year.

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Top Trade Idea 2020: Short EUR/CHF, EUR/JPY as Eurozone Economy Suffers from Impact of Brexit

Looking back at the forecasts made a year ago by the DailyFX analysts, I was struck by the fact that four of us were bearish the Euro: two against the Japanese Yen and one against the Canadian Doll...

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Top Trade Idea 2020: Support Central Banks Plus a Big Election Keep Focus on Long Gold

Next year brings another Presidential Election in the United States, and given the outlay of the past three years, it seems almost obvious that President Trump is going to want to stimulate the eco...

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Bitcoin Price Forecast 2020: BTC/USD Lacks Bullish Sentiment, For Now

After surging more than 260% in the first six months of 2019, Bitcoin will end the year in a relatively disappointing fashion. Can BTC/USD regain its charm in 2020, or will it fall further?

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Dollar 2020 Outlook: EUR/USD, USD/CAD, AUD/USD Technical Charts

Updated technical charts for the US Dollar Majors heading into the start of the 2020 trade. These are the levels that matter on Euro, Loonie and Aussie weekly charts.

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Gold Price Outlook: Risk of Upside Breakout Despite Resistance Holding

Gold prices have remained underpinned by the continued pullback in the US Dollar. However, while resistance has capped further upside, seasonal trends may come into effect.

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Fed Monetary Policy Outlook in 2020: FOMC Voting Changes

2020 will see four regional Fed presidents rotate into voting spots, which will make for a slightly more dovish FOMC committee.

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Why Markets Will be Closely Watching US Housing Data in 2020

Housing data may be more heavily scrutinized in 2020 as softer global growth places more stress on the consumer to keep the American economy afloat.

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Gold Prices Inch Up as US Iraq-Syria Strikes Bring Risk Appetite Down

Gold prices headed up in Asia as news of US strikes on Iranian backed militia offset the effects of more record Wall Street highs.

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How Crude Oil Prices React to Weather-Induced Disruption Fears

With increasing volatility in weather patterns, how might storms, hurricanes and floods rattle the supply chain for petroleum-based products and impact crude oil prices?

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EUR/USD Prices Soared in Thin Trade But Key Resistance Held

The EUR/USD had its best day since August in thin trade, but the Euro stopped short of resistance. Foreign exchange markets remain focused on risk trends as 2019 wraps up.

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Gold Forecast 1Q-2020: Shift in US Trade Policy Casts Bullish Outlook

The price of gold appears to be stuck in a narrow range after trading at its highest level since 2013, but the precious metal may continue to exhibit a bullish behavior in 2020 as market participan...

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AUD Forecast 1Q-2020: Australian Dollar Outlook Grim on Fed RBA Rates Path

The Australian Dollar steadied in the fourth quarter. The bellwether AUD/USD exchange rate settled into a choppy range after finding support at decade lows in early August as ebbing concerns about ...

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GBP Forecast 1Q-2020: Sterling Eyes New Brexit Deadline

The final quarter of the decade for the Pound has been its best, with the currency gaining 6.6% against the US Dollar.

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EUR Forecast 1Q-2020: Weakness Likely to Persist in Early 2020 Before Rallying Later in The Year

The persistent weakness of the Euro against the US Dollar, which began in late September 2018, will likely persist in the first few months of 2020 although a rally could follow as the US Presidenti...

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