Sunday, 26 January 2020

Weekly US Dollar Forecast: January Fed Meeting, Q4'19 US GDP on Tap

The forex economic calendar is supersaturated during the last week of January.

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Crude Oil, S&P 500 Sink as Gold Prices Rally. Market Volatility Back?

The S&P 500 and crude oil prices experienced their worst week in months as gold prices rallied. The anti-risk Japanese Yen gained as fears of the deadly coronavirus spread into financial markets. A...

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Dow Jones and FTSE 100 Forecast for the Week Ahead

Coronavirus latest shrugged off by Dow Jones, investors on Fed watch. FTSE 100 awaits Bank of England’s 50/50 rate decision.

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Saturday, 25 January 2020

British Pound May Yet Fall on Brexit, BoE and Fed Are Risks

The British Pound may fall as Brexit commences, but will the Bank of England cut rates? The US Dollar could rise if the Fed spooks markets with plans to unwind repo operations.

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Crude Oil Prices May Struggle Even if Coronavirus Fears Abate

Crude oil prices have plunged amid fears that a coronavirus outbreak will derail a cautious rebound in global economic growth. They may not rise much if that risk abates.

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Friday, 24 January 2020

Australian Dollar Heavy, Eyes CPI As Last Big Clue Before RBA

The Australian Dollar has been hit by the risk-appetite pullback occasioned by the spread of Wuhan-strain coronavirus. This week may see some domestic focus return, if headlines allow, with key inf...

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Will the Stock Market Crash in 2020?

The stock market enjoyed an incredible rally in 2019 despite a string of warranted concerns. While many have been resolved, some of the most worrisome remain. Will they cause a stock market crash i...

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Canadian Dollar Price Outlook: USD/CAD Bulls at Risk- Loonie Levels

Canadian Dollar is down more than 0.5% this week with USD/CAD rallying into technical downtrend resistance. Here are the levels that matter on the Loonie weekly chart.

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China Makes a Bet Against the US Dollar as World Reserve Currency

There’s a significant reason why China has been issuing debt denominated in US Dollars.

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US Dollar Tests Fibonacci Resistance at Fresh Six-Week-Highs

The US Dollar has pushed up to a fresh six-week-high, testing a big zone of resistance. Can USD bulls continue to push?

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GBP/USD Forecast: Levels to Watch, Crude Oil Prices Plunge - US Market Open

UK PMI surge should see the Bank of England refrain from cutting interest rates next week. Euro eyes Italy risk, while crude oil plunges.

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Gold Price Outlook: XAU Prices Coil - Is Another Breakout Brewing?

Gold prices held the bid this week but horizontal resistance remains. Are Gold prices on the cusp of another bullish breakout?

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USD/CAD, EUR/USD, AUD/USD Technical Analysis for Next Week & More

USD/CAD rallied, but is reversing off of resistance while the Euro is breaking down below key support; there are a few other key developments to watch in week ahead.

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British Pound (GBP) Latest: Strong UK PMIs Support Positive GBP/USD Outlook

The British Pound remain one of the week’s best performing currencies, despite fears of a BoE rate cut next week. Finally, the Brexit process nears the end with EU chiefs signing off the Withdrawal...

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Crude Oil Analysis: Crude Price (CL/USD) Seeks Support as Coronavirus Spreads

A very bad week for oil bulls with prices collapsing throughout the week. Technical support looks tentative, while the fundamental backdrop remains weak.

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Yen May Fall as Markets Cheer PMI Data, Backdrop Still Tense

The Japanese Yen may fall as PMI data from many of the world’s top economies suggests growth is firming. Follow-through might prove lacking however.

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Euro Dollar Forecast: EUR/USD Risks to Resurface Amid Weekend Italian Election

Italy is back on the agenda as focus turns towards the regional Italian election. Government stability to wobble on Salvini win.

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Thursday, 23 January 2020

Gold Prices Ease, WHO Avoids Naming Coronavirus Global Emergency

Gold prices remain well underpinned and risk appetite generally fragile as investors watch screens for coronavirus headlines. However, they retreated a little on the World Health Organization’s cla...

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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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Rupee 2020 Outlook: India Stagflation Risk May Boost USD/INR Rate

The Indian Rupee 2020 outlook is bearish as India faces stagflation risk amid rising onion and crude oil prices. USD/INR may rise in the medium-term as the RBI defers hiking rates.

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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...