The ISM Manufacturing Survey showed further contraction for December as the survey printed a reading of 47.2, missing expectations of 49.0 and sending the index into it’s 5th month of contraction
from DailyFX - Market News https://ift.tt/2Qno0yk
via IFTTT
Friday, 3 January 2020
USD/CAD Upside Capped, Crude Oil Spikes on US Airstrikes - US Market Open
Overnight, geopolitical tensions between the US and Iran had escalated dramatically after US airstrikes killed Iran’s top general at Baghdad airport.
from DailyFX - Market News https://ift.tt/39B29eB
via IFTTT
from DailyFX - Market News https://ift.tt/39B29eB
via IFTTT
Strait of Hormuz: The World's Most Important Oil Chokepoint
With over a third of global seaborne crude oil and a fifth of oil traded worldwide flowing through the Strait of Hormuz, this narrow nautical channel may be the world’s most important chokepoint.
from DailyFX - Market News https://ift.tt/2ZOC4V2
via IFTTT
from DailyFX - Market News https://ift.tt/2ZOC4V2
via IFTTT
Sterling Price Outlook: GBP/USD Rattled by USD Rally, Support Levels Near
Sterling (GBP) has given back some of its recent gains against the US dollar as the greenback gains a safety bid after tensions between the US and Iran near boiling point.
from DailyFX - Market News https://ift.tt/2szcLdq
via IFTTT
from DailyFX - Market News https://ift.tt/2szcLdq
via IFTTT
Gold Prices Soar as US Airstrike on Iranian Military Leader Sparks Major Escalation in Tensions
Gold prices spike higher after major escalation in middle east tensions as US airstrikes key top Iranian Commander.
from DailyFX - Market News https://ift.tt/2SNjATh
via IFTTT
from DailyFX - Market News https://ift.tt/2SNjATh
via IFTTT
Thursday, 2 January 2020
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
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
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
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
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
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
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
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
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
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
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
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
from DailyFX - Market News https://ift.tt/2F9qYQK
via IFTTT
Wednesday, 1 January 2020
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
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
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
from DailyFX - Market News https://ift.tt/37tx6iO
via IFTTT
Subscribe to:
Posts (Atom)
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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....