Monday, 6 January 2020

GBP/USD Rate May Rise as Japanese Yen Price Falls in Near-Term

The British Pound and Euro appreciated against the US Dollar. GBP/USD may extend its rally on trader buy/sell bets. A cooldown in US-Iran tension fears may sink the Japanese Yen.

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

Dow Jones, Nasdaq 100, S&P 500 Forecasts: Watch Out Below

US stocks are narrowly beneath all-time highs, which makes identifying topside barriers difficult, while a potential shift in the Fed’s policy could make support all the more important.

from DailyFX - Market News https://ift.tt/39Jb91l
via IFTTT

EUR Price Outlook: Euro Eyes Inflation Data Ahead of ECB

The Euro is primed volatility during Tuesday’s trading session with EU inflation data due for release and may cause EUR price action to gyrate around changes in ECB monetary policy expectations.

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

Oil Price Outlook: Snap Back from Eight-Month Highs, More to Go?

Another flare of geopolitical tensions have put pressure on the bid of oil prices. Will this turn out like last September's similar event?

from DailyFX - Market News https://ift.tt/35ud32g
via IFTTT

Japanese Yen Price Outlook: USD/JPY Breakdown Targets– Trade Levels

The Japanese Yen is on the defensive early in the week but we’re looking for exhaustion in the days ahead. Here are the levels that matter on the USD/JPY weekly chart.

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

Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.

from DailyFX - Market News https://ift.tt/38Qkx2K
via IFTTT

US Dollar Grasps for Support: USD/CAD, EUR/USD, AUD/USD

The US Dollar put in a notable reversal in Q4 of last year. Can USD-bears continue to push?

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

EUR/USD & GBP/USD Lifted, Gold’s Bullish Breakout - US Market Open

Euro and Sterling benefit from better than expected PMI figures, while Gold hits near 7-year peak on escalating US-Iran tensions.

from DailyFX - Market News https://ift.tt/2MZG1AJ
via IFTTT

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...

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

Crude Oil Prices Surge as President Trump Threatens Further Military Action on Iran

Crude oil prices jump as much as 2% as Iran and US step up war of words. Eyes on Iran’s retaliation, however, President Trump threatens further action.

from DailyFX - Market News https://ift.tt/2FqyTt0
via IFTTT

Euro Price Forecast - Strong US Dollar Hampers EUR/USD Upside

The ongoing strength of the US dollar is keeping a cap on any EUR/USD rally as the greenback draws in risk-adverse investors at the start of 2020.

from DailyFX - Market News https://ift.tt/37G2z1A
via IFTTT

How to Trade the Impact of Politics on Global Financial Markets

As the global economy continues to contract, the risk of geopolitical threats undermining financial and economic stability are rising, leaving the door open to violent volatility – and trading oppo...

from DailyFX - Market News https://ift.tt/2HBWd8A
via IFTTT

Sunday, 5 January 2020

Crude Oil Prices Up Sharply As US-Iran Standoff Dominates World Trade

Crude oil prices have sustained their surge as Middle Eastern geopolitics returns to dominate a market long in thrall to shale production and US-China trade talks.

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

Dollar, Gold, Yen: What are the Top Safe Havens of 2020?

It seems the markets are riding high, but risk is always lurking around the corner. Consider your escape plan before you find yourself in collapsing market. What are the top havens for different co...

from DailyFX - Market News https://ift.tt/37C54Sr
via IFTTT

AUD/USD Rate Outlook Mired by Textbook RSI Sell Signal

AUD/USD snaps the series of higher highs and lows from the end of December, with the RSI flashing a textbook sell signal as it falls back from overbought territory.

from DailyFX - Market News https://ift.tt/2Fogm0I
via IFTTT

Dollar May Rise Versus SGD, PHP as US-Iran Spat Risks Capital Flight

The US Dollar outlook is bullish versus the Singapore Dollar, Philippine Peso, Indonesian Rupiah and Malaysian Ringgit as US-Iran tensions and soft data risk fueling capital flight.

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

Gold Price Clears 2019 High & Triggers Overbought RSI Reading

The price of gold may exhibit a more bullish behavior over the coming days as the Relative Strength Index (RSI) sits in overbought territory.

from DailyFX - Market News https://ift.tt/2SV4BXp
via IFTTT

Australian Dollar Down On China Caixin Service PMI Miss, Iran in Focus

The Australian Dollar was already heading lower before the release of disappointing service sector data out of China. US-Iran tensions are fueling a broader collapse in risk appetite as 2020 trade ...

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

China-Sweden Tensions Flare Up: Another Trade War in 2020?

While Sino-US trade jitters are temporarily abating, China-Swedish trade tensions are rising as a part of a political contagion of growing economic hostilities between nations across the world.

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

US Dollar, Crude Oil Prices May Rally on US-Iran Escalation Risk

The US Dollar, Japanese Yen and crude oil prices may rally at the beginning of the week. Rising geopolitical tensions between the United States and Iran may keep investors on the edge.

from DailyFX - Market News https://ift.tt/2s0QbtQ
via IFTTT

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...