Sunday, 5 January 2020

S&P 500 Retreats Record, Gold and Oil Accelerate, Dollar Avoids Breakdown: What’s Ahead?

Though only a few days into the new trading year, there is already a remarkable level of volatility showing through in the global markets. Volatility has been leveraged by low liquidity but externa...

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Dow Jones & DAX 30 Forecasts for the Week Ahead

A flare-up in US-Iran tensions saw risk aversion spike on Friday as investors assessed the potential for a wider conflict. Will geopolitics erode the Dow Jones and DAX 30 further?

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Saturday, 4 January 2020

GBP/USD Weekly Forecast: Transition Period Rhetoric Key to Sterling Outlook

Pound trades on the defensive to begin the year as UK data remains soft. Next Week will see US NFP in focus, while UK PM Johnson meets Von Der Leyen.

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Gold (XAU) Weekly Forecast: Gold Price Surges as US-Iran War Drums Begin to Beat

Diplomatic relations between the US and Iran have deteriorated rapidly and any further escalation of military action between the two will drive further demand for safe-haven assets.

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Friday, 3 January 2020

US Dollar Outlook Brighter in New Year After Late-2019 Drop

The US Dollar may return to the offensive as 2020 gets underway after a selloff in the final months of last year brought the currency to an eight-month low.

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Australian Dollar Rides High on Trade Hopes But Watch Geopolitics

The Australian Dollar has gained sharply on a broad improvement in global risk appetite. That seems unlikely to be derailed this week, but watch events in the Middle East closely

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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...

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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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USD/JPY Extends Losses on ISM Manufacturing Miss

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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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?

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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.

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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?

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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...