Wednesday, 11 March 2020

Mexican Peso Latest: USD/MXN Price Spikes and Extreme Volatility Continue

The volatility in the Mexican Peso continues at extreme levels with huge intraday spikes, and slumps, showing on the daily chart.

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London Stocks, GBP Shrug Off Emergency Rate Cut Ahead of UK Budget

The FTSE 100 index of the major London-listed stocks and GBP/USD have failed to react strongly to the Bank of England’s surprise rate reduction, suggesting underlying weakness in UK equities.

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ECB President Lagarde Warns of Risks to Financial Markets from Coronavirus Epidemic

The President of the European Central Bank Christine Lagarde has warned about financial market risks from the ongoing coronavirus epidemic, one day before a crucial ECB monetary policy meeting.

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ECB Could Double Down on TLTROs to Combat Coronavirus Market Meltdown

Check out what the ECB has in store to combat COVID-19 economic impact ahead of tomorrow's monetary policy meeting

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British Pound (GBP) Drops as Bank of England Delivers Emergency Rate Cut

Spread of coronavirus forces the Bank of England to deliver an emergency rate, following in the footsteps of the Fed.

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British Pound May Rise on UK 2020 Budget: GBP Eyes Rishi Sunak

The British Pound may rise after Chancellor of the Exchequer Rishi Sunak announces the UK government’s 2020 budget amid the coronavirus epidemic and swelling BoE easing expectations.

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Crude Oil Prices Look to Trump Stimulus Plan for Direction

Crude oil prices are looking to the unveiling of a US fiscal stimulus plan crafted by the Trump administration to counter the coronavirus outbreak for direction cues.

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Tuesday, 10 March 2020

Gold Price Pullback Fizzles Amid Speculation for More Fed Rate Cuts

The recent pullback in the price of gold may prove to be short lived as the coronavirus fuels speculation for more Federal Reserve rate cuts.

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Japanese Yen May Rise if COVID-19 Triggers a Credit Crisis

The Japanese Yen may rise if fear about the coronavirus causing a credit crisis puts a premium on liquidity and a discount on growth-oriented assets.

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USD/CAD May Rise as USD/JPY and Dow Jones Fall on Trader Bets

The USD/CAD may rise as USD/JPY follows the Dow Jones lower based on signals in trader psychology. How does that compare with the fundamental and technical outlook from here?

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AUD/USD Outlook Clouded with Mixed RSI Signal Following Flash Crash

The RSI offers a mixed outlook following the AUD/USD flash crash as the oscillator deviates with price and breaks out of the downward trend from earlier this year.

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Dollar May Rise, Breakout in Focus. USD/JPY Has Best Day Since 2013

The US Dollar may rise after clearing resistance following the largest rally in USD/JPY in almost 7 years. Markets may shift focus to Democratic primaries heading into Asia trade next.

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US Dollar Outlook Mired as FX Volatility Returns with Vengeance

Currency volatility, or FX volatility, seems to have returned with vengeance and speaks to systemic uncertainty and risk that looms over the US Dollar and most liquid financial market.

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New Zealand Dollar Forecast: NZD/USD, NZD/JPY, NZD/CAD

Alongside other markets this week the New Zealand Dollar has experienced immense volatility as it whipsaws between support and resistance. Where is it headed in the days ahead?

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Dow Jones & Nasdaq 100 Forecast: Airlines, Banks and Shale at Risk

Stocks moved cautiously higher on Tuesday as traders sifted through the wreckage of Monday’s decline, but early gains met resistance, and three sectors remain particularly vulnerable.

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Recession Risk Intensifies as Crude Crashes & Coronavirus Festers

Recession risk could be ratcheting even higher after the price of crude oil crashed over 20% in a single day, which is likely exacerbating economic stress initially sparked by coronavirus concerns.

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DAX 30, FTSE 100, CAC 40 Outlook Cautious Despite Relief Rally

A relief rally across global equity markets with US equity futures firmly in the green and briefly hitting limit up.

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Market Sentiment: How to Avoid Volatility | Webinar

Trader confidence has picked up markedly Tuesday after the recent tumble in stock markets and oil prices. This webinar also looks at the assets that might be of interest to traders looking for less...

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Euro May Turn Lower vs US Dollar as Markets Digest Fed Outlook

The Euro may soon reverse lower after hitting a 13-month high against the US Dollar as markets move to absorb bets on a dramatically dovish turn in Fed policy.

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Crude Oil Price Turns Higher, Fear of Further Sell-Off Remains

Oil is pulling back a small portion of its recent losses, but a huge gap remains on the chart which will take a substantial rally to fill it.

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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...