Saturday, 14 March 2020

Euro Forecast: Outlook for EUR/USD Turns Bearish

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.

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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.

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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, ...

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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?

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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.

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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?

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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

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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.

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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.

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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

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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?

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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...