The Japanese Yen rose and stocks fell despite an emergency Fed 50-bp cut as the Canadian Dollar sank with crude oil. The USD/JPY technical outlook is biased lower with AUD/USD at risk.
from DailyFX - Market News https://ift.tt/2VIcDUM
via IFTTT
Tuesday, 3 March 2020
US Dollar Forecast Post-Fed Rate Cut: AUD/USD & USD/CAD Eyed
AUD/USD, USD/CAD and the DXY Index could be at risk of whipsawing after the Fed announced an emergency 0.5% interest rate cut that caused the US Dollar to collapse.
from DailyFX - Market News https://ift.tt/32LokM2
via IFTTT
from DailyFX - Market News https://ift.tt/32LokM2
via IFTTT
New Zealand Dollar Forecast: NZD/USD Declines Despite Fed Cut
The New Zealand Dollar is suffering as risk aversion blankets markets as coronavirus fears trump an emergency 50 basis point rate cut from the US Federal Reserve
from DailyFX - Market News https://ift.tt/39mFbYb
via IFTTT
from DailyFX - Market News https://ift.tt/39mFbYb
via IFTTT
XAU/USD: Gold Glistens as FOMC Cuts Rates to Combat Coronavirus
Spot gold (XAU/USD) is skyrocketing on the back of an emergency FOMC interest rate cut, but can gold prices continue climbing amid Fed capitulation in response to the novel coronavirus outbreak?
from DailyFX - Market News https://ift.tt/2IiChYA
via IFTTT
from DailyFX - Market News https://ift.tt/2IiChYA
via IFTTT
Dow Jones, Nasdaq 100, S&P 500 Swing Wildly After Emergency Rate Cut
Stocks swung wildly following an emergency Fed rate cut that marked the first intra-meeting reduction to the Federal Funds rate since Lehman Brothers collapsed in 2008.
from DailyFX - Market News https://ift.tt/3cqD9YR
via IFTTT
from DailyFX - Market News https://ift.tt/3cqD9YR
via IFTTT
US Dollar, Dow & Gold React as Fed Delivers Shock 50bps Cut
The Fed just delivered an unexpected 0.5% interest rate cut as global central banks step up to the plate to counter the economic toll from the coronavirus outbreak. How are USD, the Dow and Gold re...
from DailyFX - Market News https://ift.tt/2IexwiB
via IFTTT
from DailyFX - Market News https://ift.tt/2IexwiB
via IFTTT
USD/ZAR Rises, South Africa Enters Recession, AUD/USD Jumps on RBA Cut - US Market Open
G7 Finance Ministers and Central Bankers announced that they would close monitor the impact of the coronavirus and act if necessary.
from DailyFX - Market News https://ift.tt/32QoVMr
via IFTTT
from DailyFX - Market News https://ift.tt/32QoVMr
via IFTTT
US Dollar, S&P 500 Attempt to Stabilize from February Funk
A brutal two-week-stretch may soon be nearing resolution following a G7 conference call this morning. Will US stocks continue to recover?
from DailyFX - Market News https://ift.tt/2Tht3C0
via IFTTT
from DailyFX - Market News https://ift.tt/2Tht3C0
via IFTTT
Market Sentiment Poised on a Knife Edge | Webinar
Market confidence remains fragile as traders decide whether central bank action will be enough to calm fears about the economic impact of the coronavirus outbreak.
from DailyFX - Market News https://ift.tt/3cvNFye
via IFTTT
from DailyFX - Market News https://ift.tt/3cvNFye
via IFTTT
GBP/USD, USD/JPY, NZD/USD Technical Outlook & More
GBP/USD is testing support, USD/JPY at risk of further losses, NZD/USD sitting on a 20-yr trend-line; technical developments were discussed today as well.
from DailyFX - Market News https://ift.tt/2TjPZ3N
via IFTTT
from DailyFX - Market News https://ift.tt/2TjPZ3N
via IFTTT
G7 Meeting - Will They Announce Coordinated Interest Rate Cuts?
The Group of Seven (G7) finance ministers are taking part in a conference call today to agree how to tackle the economic effects of the coronavirus. And coordinated interest rate cuts may be on the...
from DailyFX - Market News https://ift.tt/2VIaOXV
via IFTTT
from DailyFX - Market News https://ift.tt/2VIaOXV
via IFTTT
DAX & FTSE 100 Outlook: Potential Coordinated G7 Action to Curb Coronavirus Impact
G7 Finance Ministers and Central Bankers are planning a call to discuss the coronavirus, which will take place from 1200GMT.
from DailyFX - Market News https://ift.tt/2TwQwya
via IFTTT
from DailyFX - Market News https://ift.tt/2TwQwya
via IFTTT
Gold Price Analysis - XAU/USD Painting an Increasingly Positive Picture
The price of gold remains just below $1,600/oz. and may well look to push higher with both the fundamental and technical backdrops looking increasingly bullish.
from DailyFX - Market News https://ift.tt/39eIgJE
via IFTTT
from DailyFX - Market News https://ift.tt/39eIgJE
via IFTTT
British Pound (GBP), FTSE Latest: London Stocks Rally but Sterling Stranded
Hopes that the world’s central banks and governments will stimulate the global economy to counter the coronavirus are lifting the FTSE 100 but GBP/USD remains stuck close to 1.28.
from DailyFX - Market News https://ift.tt/2IdgMZ1
via IFTTT
from DailyFX - Market News https://ift.tt/2IdgMZ1
via IFTTT
Euro May Fall on CPI Data as COVID-19 Stokes ECB Easing Bets
The Euro may fall if local CPI data inflames ECB easing expectations as the coronavirus weakens the already-battered Eurozone economy.
from DailyFX - Market News https://ift.tt/2PHdod4
via IFTTT
from DailyFX - Market News https://ift.tt/2PHdod4
via IFTTT
Crude Oil Slips On Worries G7 Coronavirus Response Will Underwhelm
Crude oil prices were initially buoyed by hopes that major industrial economies would co-ordinate action to mitigate the contagion’s effects. A report suggesting that the ultimate statement may fal...
from DailyFX - Market News https://ift.tt/32LwuEn
via IFTTT
from DailyFX - Market News https://ift.tt/32LwuEn
via IFTTT
Monday, 2 March 2020
US Dollar, USD/MYR May Rise After Bank of Malaysia on Epidemic Woes
The US Dollar and USD/MYR may rise after the Bank of Malaysia cuts rates again. Sentiment risks souring emerging market equities on the coronavirus, pressuring the Malaysian Ringgit.
from DailyFX - Market News https://ift.tt/2wlJxjy
via IFTTT
from DailyFX - Market News https://ift.tt/2wlJxjy
via IFTTT
EUR/USD Rally Sputters as ECB Prepares to Combat Coronavirus
The recent rally in EUR/USD appears to be sputtering ahead of the yearly high (1.1222) as the ECB shows a greater willingness to combat the coronavirus.
from DailyFX - Market News https://ift.tt/3aogISo
via IFTTT
from DailyFX - Market News https://ift.tt/3aogISo
via IFTTT
Australian Dollar Cheers RBA Rate Cut Amid Coronavirus Fears
The Australian Dollar got a surprising lift as the RBA took borrowing costs down to a new record low. The market clearly views this as supportive of growth correlated assets, with more global easin...
from DailyFX - Market News https://ift.tt/2PFakhw
via IFTTT
from DailyFX - Market News https://ift.tt/2PFakhw
via IFTTT
NZD/USD Rate Clears 2019 Low as RSI Sits in Oversold Territory
NZD/USD has failed to retain the range from the second half of 2019, with the exchange rate clearing the October low (0.6204) as the RSI sits in oversold territory.
from DailyFX - Market News https://ift.tt/2ThCOjz
via IFTTT
from DailyFX - Market News https://ift.tt/2ThCOjz
via IFTTT
Subscribe to:
Comments (Atom)
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...
-
Fundamentals can seem overwhelming, but identifying and isolating the key driver behind a currnecy or capital can help refine our evaluation...
-
Gold managed to trade higher on Tuesday, maintaining its bullish run ahead of key US growth and PCE inflation data. Subdued gold volatility ...