Global stock markets may continue to struggle even if worries about the ongoing Wuhan coronavirus subside. The unrivaled liquidity of the US Dollar may see it capitalize.
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Sunday, 2 February 2020
Yen, Euro and Pound Rose, AUD/USD May Fall as February Starts
The Japanese Yen, British Pound and Euro soared against the US Dollar as coronavirus fears sunk the S&P 500 and fueled Fed rate cut bets. Ahead, the Australian Dollar may weaken.
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S&P 500, Crude Oil, Gold Prices, US Dollar: Markets Face Tipping Point
The S&P 500 erased January's upside progress as coronavirus fears dented sentiment-linked crude oil prices and fueled anti-fiat gold prices. Investors are doubling down on a dovish Fed which is in ...
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Dow Jones, Nasdaq 100, DAX 30 Forecasts for the Week Ahead
Global equity markets have been closely monitoring the spread of the coronavirus as China shutters businesses and quarantines cities. With few precedents to look to, uncertainty may reign.
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Saturday, 1 February 2020
USD/MXN Weekly Forecast: Mexican Peso Correction to Continue, Fundamentals are Weak
The Mexican Peso seems to have lost the upper hand against the US dollar and is facing a downward correction, supported by its weakening economic data.
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Gold Price Outlook Bearish on State of Union Address, ISM Data
Gold prices may suffer if President Trump’s State of the Union Address hints at future expansionary fiscal policies and cools 2020 rate cut bets along with demand for anti-fiat hedges.
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US Dollar Torn as Fed Rate Cut Bets Clash with Haven Demand
The US Dollar is being pulled in opposite directions as the appeal of its unrivaled liquidity clashes with swelling Fed rate cut bets amid increasing turmoil market-wide.
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Crude Oil Selloff Deepens; Can NFP Data Dwarf Coronavirus Fears?
Crude oil officially fell into bear market territory last week after sinking another 5% on the novel coronavirus outbreak, but high-impact US jobs data is due for release and could rekindle risk ap...
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Friday, 31 January 2020
Australian Dollar May See Some Virus Respite if RBA Can Stay Upbeat
The Australian Dollar is under plenty of fundamental pressure as coronavirus fears drains support from all risk-correlated assets. While this dynamic will endure, Australia’s central bank may buy A...
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Crude Oil and Copper Sink as Coronavirus Rekindles Global Growth Fears
Crude oil and copper reacted violently on coronavirus fears, but the brewing international health scare may reflect a broader return of market volatility and global growth fears.
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Impact of Virus Outbreaks: S&P 500, Gold, Oil and Currency Analysis
Coronavirus has rattled financial markets. We look at previous virus outbreaks to gauge its potential impact on the S&P 500, Gold, Oil and Currencies.
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Bitcoin Price Rally Stalls at Resistance, Will it Reverse?
Bitcoin has enjoyed a bullish beginning to 2020, reclaiming key technical barriers. Stalling at a Fibonacci level, can the coin press higher? Or will it reverse?
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WTI Crude Oil Tests Critical Support Zone: Can Oil Bulls Hold the Lows?
The month started with strength but soon turned into incredible pain for oil bulls, and WTI crude oil prices have now lost as much as 21.8% to kick off 2020.
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EUR/GBP Price Continues to Pressure Short-Term Support
EUR/GBP has just touched a fresh six-week low as the fortunes of the two currencies diverge further. The British Pound is buoyed by yesterday’s BOE call while the Euro is rattled by weak economic d...
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US Dollar Slides as Chicago PMI Points to Continued Manufacturing Decline
Chicago PMI disappointed this morning, printing a reading of 42.9, the lowest reading since 2015
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US Dollar Suffers, EUR/USD & GBP/USD Rise on Brexit Day - US Market Open
Month-end rebalancing contributes to US Dollar selling with the Euro and the Pound the main beneficiaries.
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AUD/USD At Major Level On US Core PCE
This morning brought the release of US Core PCE data for the month of December to the tune of 1.60% vs the expectation of 1.60%
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GBP/USD, AUD/USD, USD/JPY – Charts for Next Week & More
Heading into next week Cable is ready for a breakout, Aussie trading around a major support level, and the Yen slowly rising up to resistance versus the Dollar.
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S&P 500 & Dow Jones Forecast: Fed Balance Sheet Key to Outlook
Coronavirus fears drive risk off sentiment. However, Federal Reserves balance sheet is key to the outlook for the S&P 500 & Dow Jones.
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EUR/USD Latest: Eurozone Economy Slows as Inflation Weakens Even Further
EURUSD struggles to find buyer support as Eurozone data continues to show signs of weakness in the 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...
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Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
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The US Dollar is firmer ahead of the FOMC rate decision. Expectations is for the Federal Reserve to raise interest rates by 25bps to 2.00-2....