Crude Oil Prices Climb on US Airstrikes, Iran's Response in Focus

Crude oil prices were significantly stronger on news that US forces had killed a prominent Iranian leader in Baghdad. The response from Tehran is now in focus.

from DailyFX - Market News https://ift.tt/36mnB4P
via IFTTT

Crude Oil Prices Up as US Strike Kills Iran Quds Force Leader

Crude oil prices shot higher and a worried tone settled across global financial markets after a top commander of Iran’s Revolutionary Guard was killed in a US airstrike.

from DailyFX - Market News https://ift.tt/35jTjP9
via IFTTT

Swiss Franc Likely to Stay Strong Despite Best SNB Efforts

The Swiss Franc will remain investors’ lifeboat of choice even if the Swiss authorities, and indeed Swiss savers, might dearly like them to pick another one.

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

US Dollar Prices May Reverse Higher as Japanese Yen Trims Gains

The US Dollar may turn higher against its major counterparts after its best day in over two weeks. Ahead, the anti-risk Japanese Yen may fall in still-illiquid trading conditions.

from DailyFX - Market News https://ift.tt/2QJrk67
via IFTTT

New Zealand Dollar Forecast: Is NZD/USD Due for a Reversal Lower?

NZD/USD retreated on Thursday as risk appetite waned. After soaring from October’s lows, the New Zealand Dollar looks to take a breather at resistance, but will it stage a deeper reversal?

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

US Dollar Price Outlook: USD Testing Uptrend Support into 2020 Open

A drop of more than 3.3% puts the US Dollar at multi-year uptrend support into the January open. Here are the levels that matter on the DXY weekly technical chart.

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

Stock Market 2020 Forecast: Stocks Round Out 2019 at Record Levels, Where to Next?

The fourth quarter saw global equity markets roar high as some key headwinds were put on pause and investors seized the opportunity to bid stocks higher. Can they continue the rally in 2020?

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

Australian Dollar Forecast: AUD/USD Surges, but Rally Looks Overdone

The Australian Dollar added to recent gains as President Trump announced the United States and China will meet to sign the “Phase One” trade deal on January 15. Can AUD/USD extend higher still?

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

Canadian Dollar Outlook: USD/CAD Plummets into Support– Loonie Levels

The Canadian Dollar marked fresh yearly highs against the US Dollar into the close of 2019- price now at support. Here are the levels that matter on the USD/CAD charts.

from DailyFX - Market News https://ift.tt/2Qh3r6G
via IFTTT

US Dollar Outlook: GBP/USD, AUD/USD, USD/CAD - US Market Open

US Dollar begins 2020 on the front foot, following its year-end drop. GBP/USD among underperformers, while AUD & NZD pulls back from overbought territory.

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

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.

from DailyFX - Market News https://ift.tt/2ML23XN
via IFTTT

Canadian Dollar Soars, Euro Sinks. Will 2020 See Fortunes Reverse?

The Canadian Dollar looks like this year’s major currency winner, with higher oil prices and tempting interest rates among its charms. They should serve it well into the New Year too.

from DailyFX - Market News https://ift.tt/2F9qYQK
via IFTTT

EUR/USD Rate Forecast: 2020 Opening Range in Focus

The 2020 opening range in focus for EUR/USD as the exchange rate carves a series of higher highs and lows.

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

Top Trade Idea 2020: Canadian Dollar 2020 Outlook, Yield Advantage Against AUD and NZD

My top trading opportunities in 2019 were going long the Canadian Dollar against currencies such as the Australian and New Zealand Dollars.

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

Gold Prices Hold Near 4-Month Highs Despite US-China Trade Hopes

Gold prices have shown no inclination to retreat significantly despite a broad rise in risk appetite. A weaker Dollar may be helping as investors bet US outperformance will wane.

from DailyFX - Market News https://ift.tt/37tx6iO
via IFTTT

Top Trade Idea 2020: Long European Equities on Fiscal Stimulus Prospects

In the twilight of 2019, the Eurozone economy saw its annual growth forecast slip to the lowest since 2013 after flirting with stagnation for months, but rounded out the year with a comfortably pos...

from DailyFX - Market News https://ift.tt/2MKDZ7K
via IFTTT

Top Trade Idea 2020: Short: EUR/NZD – Bearish Signals on the weekly chart

On Oct 18, uptrend move led EUR/NZD to a multi- year high at 1.7929. On Oct of this year the price rallied again. However, the pair has not been able to push towards the previous peak highlighting ...

from DailyFX - Market News https://ift.tt/37sezn1
via IFTTT

Australian Dollar Steady as China Caixin Manufacturing PMI Just Misses

The Australian Dollar didn’t have much to say either way on news that China’s private manufacturing sector still appears in better health than its state-linked counterpart.

from DailyFX - Market News https://ift.tt/2Fev75T
via IFTTT

USD/CAD Rate Trades Below 1.3000 Ahead of FOMC Minutes

The bearish behavior in USD/CAD may persist ahead of the FOMC Minutes as the RSI dips into oversold territory for the first time since 2018.

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

Top Trade Idea 2020: Long EUR/JPY – Chart Suggests a Bullish Set-up in the Making

My forex-pair to watch for a longer-term set-up in 2020 is long EUR/JPY with the charts currently suggesting that the heavy sell-off initiated at the start of 2018 is finally breaking down.

from DailyFX - Market News https://ift.tt/39vUf6k
via IFTTT