Tuesday, 7 January 2020

EUR/USD May Fall on Key CPI and Retail Sales Data

The Euro may fall if retail sales and CPI data show softer-than-expected prints, potentially causing EUR/USD to trim some of its recent gains.

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Gold Prices Down, RIsk Appetie Revived by Lack of US-Iran Escalation

Gold prices headed lower with investors apparently tempted back into riskier assets while the precise nature and scope of Iran’s retaliation for US airstrikes remains unknown.

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Monday, 6 January 2020

Bullish Oil Price Outlook Supported by Golden Cross Formation

Recent developments surrounding the price of oil instills a bullish outlook as a ‘golden cross’ formation take shape.

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NOK, SEK at Risk From Iran Threats, Brent Boosted by Geopolitics

The Swedish Krona and Norwegian Krone are vulnerable to the sentiment-sapping peril of growing tensions in Iran, but crude oil prices appear to say otherwise.

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Philippine Peso Up as Crude Oil Prices Fuel CPI, USD/PHP May Fall

The Philippine Peso gained as crude oil prices helped fuel local inflation that tilted the BSP’s CPI outlook to the upside. The USD/PHP rate turned lower, eyeing immediate support.

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USD/CAD Susceptible to Further Losses Ahead of Canada Jobs Report

USD/CAD may continue to exhibit a bearish behavior ahead of Canada’s Employment report as the Relative Strength Index (RSI) sits in oversold territory.

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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.

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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.

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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.

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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?

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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.

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Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

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

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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?

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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.

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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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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.

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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.

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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...

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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.

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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...

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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...