Last week’s failure by the ECB to cut Eurozone interest rates as most traders and analysts had expected has led to a steep drop in EUR/USD and turned the outlook from positive to negative.
from DailyFX - Market News https://ift.tt/2U2M8Hk
via IFTTT
Saturday, 14 March 2020
Gold Price Outlook Hinges on Federal Reserve Meeting
Speculation for lower US interest rates may curb the recent pullback in the price of gold as the Federal Reserve is widely expected to deliver another rate cut in March.
from DailyFX - Market News https://ift.tt/3a2HUq9
via IFTTT
from DailyFX - Market News https://ift.tt/3a2HUq9
via IFTTT
US Dollar (USD) Forecast: Fed Boosts Liquidity, Expected to Slash Rates Again Next Week
The ‘V-shaped’ recovery in the US dollar continues despite the Fed announcing a massive USD1.5 trillion liquidity pump on Thursday to arrest a further breakdown in the financial system. Next week, ...
from DailyFX - Market News https://ift.tt/2WekcTI
via IFTTT
from DailyFX - Market News https://ift.tt/2WekcTI
via IFTTT
Dow Jones, DAX 30 Technical Forecasts: Major Trendlines in Focus
Global stock markets crashed last week, falling into bear market territory and piercing various levels of technical support. Now, the major markets stand at extremes. Can support hold?
from DailyFX - Market News https://ift.tt/3aRyFZN
via IFTTT
from DailyFX - Market News https://ift.tt/3aRyFZN
via IFTTT
Crude Oil Analysis: FOMC, OPEC Price War, Coronavirus in Focus
Crude oil prices will have to a digest a plethora of volatility-inducing catalysts in the week ahead including the FOMC rate decision, covid-19 pandemic and an ongoing OPEC-Russia price war.
from DailyFX - Market News https://ift.tt/2w6cIXZ
via IFTTT
from DailyFX - Market News https://ift.tt/2w6cIXZ
via IFTTT
Friday, 13 March 2020
VIX ‘Fear-Gauge’ Hits Crisis Highs Amid Cross-Asset Volatility Explosion
The VIX Index recorded its highest weekly close since 2008 amid the global financial crisis. What are cross-asset volatility benchmarks suggesting about the market's next move?
from DailyFX - Market News https://ift.tt/3aZVFpD
via IFTTT
from DailyFX - Market News https://ift.tt/3aZVFpD
via IFTTT
USDCAD Lifts on Emergency Bank of Canada Rate Cut
In response to the now global coronavirus pandemic, the BOC enacted an emergency rate cut of 50 basis points
from DailyFX - Market News https://ift.tt/2W6OsQi
via IFTTT
from DailyFX - Market News https://ift.tt/2W6OsQi
via IFTTT
S&P 500 Price Outlook: Index Tests Trendline Extremes in Bear Market
After plummeting into a bear market in the second week of March, the S&P 500 lies vulnerable near a supportive trendline that has held since the end of the last bear market in 2009.
from DailyFX - Market News https://ift.tt/2w70WN3
via IFTTT
from DailyFX - Market News https://ift.tt/2w70WN3
via IFTTT
Market Cycles | Phases, Stages, and Common Characteristics
Markets have been cycling since the beginning of time and will continue to do so for as long as they exist; in this piece a blueprint is laid out for how these occur and signposts to watch.
from DailyFX - Market News https://ift.tt/2INLgks
via IFTTT
from DailyFX - Market News https://ift.tt/2INLgks
via IFTTT
US Dollar Gyrates on Downbeat Consumer Sentiment, Virus Injects Worry
The US Dollar gyrated this morning as the University of Michigan Consumer Sentiment showed virus fears are taking a toll on consumer expectations for the economy
from DailyFX - Market News https://ift.tt/2TMj9IK
via IFTTT
from DailyFX - Market News https://ift.tt/2TMj9IK
via IFTTT
Dow, S&P Bounce from Key Supports: Can Buyers Hold the Bid?
Both the Dow and S&P ran into key areas of confluent support overnight, and already a robust rally has shown. But is this short-cover ahead of the weekend or the start of a new theme?
from DailyFX - Market News https://ift.tt/2WgT32x
via IFTTT
from DailyFX - Market News https://ift.tt/2WgT32x
via IFTTT
EUR/USD Price Action Currently Battling a Bearish Trend, Bond Yields Remain Elevated
EUR/USD traded in a 280+ pip range yesterday around the latest ECB meeting. Higher Eurozone government bond yields are trying to support the Euro today, but the daily chart looks ominous.
from DailyFX - Market News https://ift.tt/39OxmdY
via IFTTT
from DailyFX - Market News https://ift.tt/39OxmdY
via IFTTT
Gold Prices Fall with Stocks as Investors Flee to Cash, UofM Eyed
Gold prices fell with stocks amid liquidation across global assets. Markets are attempting to stabilize but US consumer confidence data may sour the mood anew.
from DailyFX - Market News https://ift.tt/2IGuqnB
via IFTTT
from DailyFX - Market News https://ift.tt/2IGuqnB
via IFTTT
USD May Rise if Sentiment Data Spurs Demand for Havens
The US Dollar may prosper against its G10 counterparts if consumer sentiment data for March spooks markets, amplifies liquidity urgency and boosts demand for the world’s reserve currency.
from DailyFX - Market News https://ift.tt/2IFcFoZ
via IFTTT
from DailyFX - Market News https://ift.tt/2IFcFoZ
via IFTTT
Thursday, 12 March 2020
Australian Dollar, AUD/USD May Wilt as Wall Street Flashes Back to 1987
The Australian Dollar may extend losses after a downside breakout as European shares fell the most on record with Wall Street down the most since 1987. U.S. fiscal package eyed.
from DailyFX - Market News https://ift.tt/39YxZBy
via IFTTT
from DailyFX - Market News https://ift.tt/39YxZBy
via IFTTT
Stock Market Crash Sees Dow Jones Components Trade Places
The Dow Jones experienced its largest daily decline since October 19, 1987 on Thursday which saw several heavily weighted components trade places on the index.
from DailyFX - Market News https://ift.tt/2U3glpE
via IFTTT
from DailyFX - Market News https://ift.tt/2U3glpE
via IFTTT
European Indices Suffer Historic Single-Day Declines Amid Panic
As investors panic amid the global spread of the coronavirus and the subsequent containment procedures, European indices suffered their largest single-day decline in history.
from DailyFX - Market News https://ift.tt/38IA9nK
via IFTTT
from DailyFX - Market News https://ift.tt/38IA9nK
via IFTTT
Dow Jones Surge, US Dollar Drops as Fed Unleashes Huge Liquidity Pump
Federal Reserve announce a high liquidity pump of $1.5 Trillion, which provides boost to global stocks.
from DailyFX - Market News https://ift.tt/2IIeZLK
via IFTTT
from DailyFX - Market News https://ift.tt/2IIeZLK
via IFTTT
VIX Spikes to Crisis Levels as Markets Crater to Coronavirus Fears
It's been a tumultuous backdrop and that looks set to continue as the world wrestles with the fallout from Coronavirus.
from DailyFX - Market News https://ift.tt/38ElxFS
via IFTTT
from DailyFX - Market News https://ift.tt/38ElxFS
via IFTTT
US Dollar Rips Higher as Dollar Funding Shows Distress Signal - US Market Open
Global markets remain in freefall amid the ongoing spread of the coronavirus. USD funding showing signs of distress.
from DailyFX - Market News https://ift.tt/39LRbmc
via IFTTT
from DailyFX - Market News https://ift.tt/39LRbmc
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 ...