US Dollar May Rise vs NOK, SEK on Coronavirus Risks and FOMC

The US Dollar may extend its gains vs the sentiment-linked Swedish Krona and Norwegian Krone ahead of the FOMC rate decision and anxiety about the coronavirus.

from DailyFX - Market News https://ift.tt/37AqJe7
via IFTTT

EUR/CHF Triggers Oversold RSI Signal Amid Flight to Safety

EUR/CHF trades at its lowest level since 2017, with the Relative Strength Index (RSI) pushing into oversold territory as there appears to be a flight to safely.

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

Australian Dollar Forecast May Deepen Bearish: AUD/USD, AUD/JPY Fall

The Australian Dollar fell as the US Dollar and Japanese Yen rose, pushing AUD/USD and AUD/JPY to deepening bearish technical breakouts as coronavirus fears engulfed financial markets.

from DailyFX - Market News https://ift.tt/36yzT9M
via IFTTT

Silver (XAG) Price Forecast: Can Risk Aversion Fuel a Silver Rally?

A spike in risk aversion has helped bolster gold and silver early this week. Can silver continue higher despite looming resistance?

from DailyFX - Market News https://ift.tt/2uHAYP5
via IFTTT

Canadian Dollar Forecast Remains Cloudy amid Declining Crude Oil Prices

Bank of Canada interest rate cut expectations continue to rise in the wake of the January BOC meeting. Now, rates markets foresee the first cut in April 2020 and a second cut in December 2020.

from DailyFX - Market News https://ift.tt/2O34CW0
via IFTTT

Australian Dollar Price Analysis: Aussie Crushed, AUD/USD Nears .6700

The Australian Dollar has gotten crushed over the past few weeks. CPI is to be released tomorrow and the RBA is next week.

from DailyFX - Market News https://ift.tt/3aPSzVF
via IFTTT

Nasdaq 100, S&P 500 Forecasts: Will the Tumble Continue Despite Apple Earnings, FOMC Meeting?

Stocks gapped lower on Monday as coronavirus fears sparked risk aversion and investors reduced equity exposure. Will volatility continue or will the Fed wrest the market’s focus?

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

Gold Price Outlook Brightens as Coronavirus Panic Spurs Volatility

Spot gold (XAU/USD) has potential to extend its ongoing ascent as bullion becomes buoyed by spiking volatility and deteriorating risk appetite due to the coronavirus outbreak.

from DailyFX - Market News https://ift.tt/3aGFv57
via IFTTT

Oil Slammed, S&P Futures Fall; Risk Aversion Runs on Coronavirus Fear

Tones of risk aversion continue to show across global markets, but will fear continue to drive the bid?

from DailyFX - Market News https://ift.tt/2Gu8xH3
via IFTTT

VIX Curve Inversion Does Not Bode Well For The S&P 500 - US Market Open

Global equities weaken as coronavirus spreads. VIX Curve inversion does not bode well for S&P 500. Italian political concerns recede.

from DailyFX - Market News https://ift.tt/3aLnG4S
via IFTTT

UK Weekly Webinar: GBP/USD, EUR/GBP and FTSE Eye BoE and Coronavirus Escalation

UK assets are under the spell of the upcoming Bank of England rate decision, while risk markets are under pressure from the continued spread of the deadly coronavirus.

from DailyFX - Market News https://ift.tt/2S5SqFl
via IFTTT

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...

from DailyFX - Market News https://ift.tt/2uA6miz
via IFTTT

British Pound (GBP) Latest: GBP/USD Respecting Support as BoE Decision Nears

Sterling remains slightly better bid as Europe comes into play although last Friday’s sell-off may prove difficult to reverse ahead of the BoE interest rate decision on Thursday. EU Brexit chief Ba...

from DailyFX - Market News https://ift.tt/2U0JWBU
via IFTTT

Yen Aims Higher on Coronavirus, Euro Up as Italy Risk Eases

The Yen is aiming higher amid worries about the economic impact of a coronavirus outbreak. The Euro is up after a regional election in Italy bolstered the government.

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

Swiss Franc Likely to Stay Strong Despite Best SNB Efforts

The Swiss Franc will remain investors’ lifeboat of choice even if the Swiss authorities, and indeed Swiss savers, might dearly like them to pick another one.

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

Swiss Franc Likely to Stay Strong Despite Best SNB Efforts

The Swiss Franc will remain investors’ lifeboat of choice even if the Swiss authorities, and indeed Swiss savers, might dearly like them to pick another one.

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

USD May Rise as IDR, SGD and PHP Fall on Coronavirus Fears and Fed

The US Dollar may rise with USD/IDR, USD/SGD, USD/PHP and USD/MYR as coronavirus contagion fears hurt emerging markets. The Fed and its repo operations will be closely watched.

from DailyFX - Market News https://ift.tt/310C8RV
via IFTTT

Gold Prices and Yen Rise on Coronavirus Fears, Iraq Attack

Gold prices and the Japanese Yen rose while stocks and commodity-linked currencies fell as an attack on US forces in Iraq compounded worries about a coronavirus outbreak.

from DailyFX - Market News https://ift.tt/37GkhlG
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

Japanese Yen, US Dollar May Gap Higher as Week Starts on Virus Fears

The anti-risk Japanese Yen and US Dollar may gap higher after a surge in coronavirus cases from China. Expect illiquid conditions with Chinese markets offline for the Lunar New Year.

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