Tuesday, 14 January 2020

Swiss Franc (CHF) on Currency Manipulating Watchlist, GBP/USD to dip on BoE Dove - US Market Open

Swiss Franc placed on US currency watchlist. EUR/CHF drops to lowest since April 2017. GBP eyes BoE dove.

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Canadian Dollar Price Outlook: USDCAD Price Action Deeper in Triangle

USD/CAD sold-off from a key level of resistance around last week's US and Canada jobs releases.

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US Dollar Charts: EUR/USD, DXY, USD/JPY & More

The US Dollar is in a tricky spot, working on building a new trend lower or simply a correction before a renewed surge higher?

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Sterling (GBP) Price Forecast - BoE Doves Challenge GBP/USD Support Levels

Sterling remains under pressure and currently trades sideways below 1.3000 against the US dollar after recent dovish commentary from voting members on the BoE MPC.

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Brexit Briefing: UK PM Johnson Expects Trade Deal by Year-End

The British Prime Minister is still confident of a trade agreement with the EU; however, the near-term direction of GBP will likely be determined by UK economic data and rate-cut expectations.

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US Dollar May Rise on CPI Data, EU Trade Talks and Fed-Speak

The US Dollar may rise ahead of EU-US trade talks against the backdrop of critical CPI data and the economic outlook from Kansas City Fed President Esther George.

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Monday, 13 January 2020

Gold Prices Down a US-China Trade Deal Hope Buoys Risk Appetite

Gold prices remained under pressure on the eve of the signing of a long-awaited phase-one trade deal between China and the US. Chinese trade numbers weighed on haven assets by surging ahead.

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Post-NFP EUR/USD Strength Undermined by January Open Range

EUR/USD extends the advance following the NFP report, but the opening range for 2020 undermines the recent strength in the exchange rate.

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USD at Risk to SGD, IDR, MYR and PHP. US-China Phase One in Focus

The Singapore Dollar, Indonesian Rupiah, Malaysian Ringgit and Philippine Peso are rallying versus USD ahead of a highly-expected US-China phase on trade deal signing. Can it prolong?

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Australian Dollar Up as China Imports, Exports Surge, Trade Deal Eyed

The Australian Dollar headed up a little on extremely robust trade numbers out of China. Focus is of course on this week’s impending trade deal between that country and the United States.

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USD/CAD Forecast: 2020 Opening Range Foreshadows Larger Rebound

The monthly opening range raises the scope for a larger rebound in USD/CAD as the exchange rate fails to test the 2019 low (1.2952) during the first full week of January.

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GBP Sinks, USD/JPY Clears 110. US Removes China as FX Manipulator

The British Pound fell as BoE rate cut bets rose. This is as USD/JPY cleared 110 as the US dropped China’s currency manipulator label ahead of the phase one trade deal signing.

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Canadian Dollar Price Outlook: USD/CAD Breakout Trade – Loonie Levels

Canadian Dollar is carving a well-defined weekly range just above uptrend support and we’re looking for the break. Here are the levels that matter on the USD/CAD charts.

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3 Things to Know When Trading Earnings Announcements

Earnings season is a period ripe with trading opportunities and volatility but can be unpredictable. Here are 3 things to know when trading earnings season.

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US Dollar Forecast: USD Charts & Levels to Watch This Week

The US Dollar Index is testing a key technical resistance level as USD price action attempts to reverse its recent downtrend after trading roughly 1% higher so far this year.

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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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Japanese Yen vs US Dollar Breakout, USD/JPY Hits 7-Month Peak - US Market Open

USD/JPY breaks descending trendline to hit 7-month high. GBP/USD hit on more dovish BoE comments, while GDP contracts. USD/CAD awaits Bank of Canada survey.

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



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FTSE 100 Weekly Outlook: Key Trendline Curbs Breakout, BoE Easing Bets Rise

The FTSE 100 has begun the week on the front foot as the index receives a lift from a slightly softer Sterling. Eyes on UK data as markets pricing in BoE easing.

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Gold Price Outlook - Slipping Towards Short-Term Support

Gold continues to move lower in early turnover as risk assets remain bid ahead of this week’s US-China trade deal.

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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...