Sunday, 12 January 2020

AUD/USD, NZD/USD Gain. Japanese Yen May Rise as Week Gets Going

The Australian Dollar and New Zealand Dollar rose while USD fell following a rather disappointing non-farm payrolls report. The anti-risk Japanese Yen may climb as the week begins.

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Crude Oil, Gold Prices, US Dollar, British Pound and Stocks. Where to?



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Dow Jones, Nasdaq 100, DAX 30 Forecasts: Trade and Earnings to Headline

Last week global equity markets had to weather a tense geopolitical flare up between the United States and Iran. This week, the all too familiar US-China trade war will take center stage once more.

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Saturday, 11 January 2020

Gold Price Weekly Forecast: Is the Gold Price Break a False Alarm?

Gold prices rally to highest level since March 2013 on geopolitical concerns. Calming of tensions pares gold spike. Eyes on US-China phase 1 sign off.

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US Dollar Outlook Bullish on Trade Deal, Retail Sales Data

The US Dollar may rise if optimism on US-China trade relations and better-than-expected retail sales data deflates 2020 Fed rate cut bets.

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Friday, 10 January 2020

Crude Oil Weekly Forecast: Oil Price Needs Support, Eyes US-China Trade Deal

Next week’s signing of phase one of the US-China trade deal, on January 15, may underpin crude oil prices at current levels after this week’s sharp selloff.

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Australian Dollar May Gain If Global Focus Moves From Iran to Trade

The Australian Dollar saw sharp falls as US-Iran confrontation drained risk appetite. De-escalation could see some of these clawed back this week.

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New Zealand Dollar Forecast: NZD/USD, NZD/CAD, AUD/NZD

The New Zealand Dollar has fallen against many of the other major currencies in recent days as it encountered a series of technical barriers across different pairs. Will it continue lower?

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Oil Price Forecast: Crude Searches for Support after Sliding 10%

Crude oil prices spiked to April 2019 highs on the back of elevated geopolitical risk in the Middle East earlier this week, but the commodity has since slid over 10% as tension simmers.

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New Year, Old Policies: Maintain the Path on Interest Rates - Central Bank Watch

G10 central banks appear to be ready to chart the same path that they followed as 2019 ended.

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Nonfarm Payrolls (NFP) Drives the US Dollar & Currency Volatility

Several fundamental forces can impact the US Dollar, but the monthly release of nonfarm payrolls in particular is a frequent driver of USD price action that tends to spark above-average currency vo...

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Sterling Price Outlook: British Pound Sinks into Support– GBP Levels

British Pound is down nearly 1.8% since the start of 2020 with Sterling now eyeing multi-month uptrend support. Here are the levels that matter on the GBP/USD charts.

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USD/CAD Peels Back, US Dollar Falls on US, Canada Employment Reports

It's jobs day and both US and Canadian employment numbers were released to markets. While USD has been rather uneventful, USD/CAD remains of interest.

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US Dollar Drops as NFP Report Misses, USD/CAD Plunges

USD price action dropped to session lows after a worse-than-expected nonfarm payrolls report soured sentiment toward the US Dollar as job growth continues to slow.

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DAX Weekly Forecast: Germany's DAX Chasing Record High

Relief rally in the DAX 30 pushes the index towards its record peak. Eyes on US and China signing Phase 1 trade deal.

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EUR/USD Price Forecast: Sell-Off Continues as US NFPs Loom Large

EUR/USD sellers remain in control and the pair are currently struggling to break above 1.1100. US NFPs are released this afternoon and will drive price action into the weekend.

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Australian Dollar Forecast: Key AUD/USD Levels to Watch

Australian Dollar supported on firm retail sales. AUD/USD consolidates following recent reversal.

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US Dollar May Rise if Jobs Data Cools Fed Rate Cut Bets

The US Dollar may continue its ascent if nonfarm payrolls data comes in stronger-than expected and cools 2020 Fed rate cut bets.

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Gold Prices Slip Back as Risk Appetite Endures, US Payrolls Eyed Next

Gold prices edged still lower as markets remain confident that they've seen the worst of US-Iran relations for now. Focus is returning to trade, with some optimism clearly evident.

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Thursday, 9 January 2020

AUD/USD Down, S&P/ASX 200 Up on RBA Interest Rate Cut Bets

Australian Dollar and S&P/ASX 200 stock index price action warns that investors are pining for RBA rate cuts amid worries about weakness in the local economy.

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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...