Monday, 16 March 2020

US Dollar Soars, Wall Street Confirms Bear Market, Gold Prices Drop. What Now?

The US Dollar took its role as a safe haven in an emotional week as Wall Street entered a bear market with gold prices plunging the most since 2011. All eyes next week are on a U.S. fiscal package,...

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EUR/USD Signals A Possible Bullish Comeback, Euro vs USD Price Outlook

Last week, EUR/USD lost over 1.5% of its value against US Dollar highlighting bull’s reluctance. Here are the key chart points to monitor in the short term.

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British Pound (GBP) Latest: Sterling Rallies, FTSE Crashes Below 5,000

Turmoil continues in the equity markets with indices crumbling at the start of the week, despite another emergency rate cut and additional liquidity measures by the Fed on Sunday.

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US Dollar, Gold Price, S&P 500 Outlook: Impact of Emergency Fed Rate Cuts

Federal Reserve Delivers Emergency Rate Cut. How does the S&P 500, US Dollar and Gold Prices Typically Perform?

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Crude Oil Prices Fall as Fed, RBNZ, BOJ Fail to Cheer Markets

Crude oil prices fell with stocks as emergency stimulus from the Fed, the RBNZ and the Bank of Japan failed to cheer battered financial markets.

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Euro Braces for ECB, Draghi. US Dollar Eyes CPI Data

The Euro may suffer with the DAX if commentary from the Eurozone Finance Minister meeting spooks markets and pushes investors into the opens arms of the anti-risk Swiss Franc.

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Sunday, 15 March 2020

Gold Price Consolidates as Fed, RBNZ Implement Emergency Rate Cut

The price of gold struggles to extend the series of lower highs and lows from the previous week as the RBNZ and FOMC deliver an emergency rate cut.

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AUD/USD RSI Sits in Oversold Zone Even Though FOMC Deploys ZIRP & QE

AUD/USD may continue to give back the correction from the 2008 low (0.6006) as the Relative Strength Index (RSI) sits in oversold territory.

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US Dollar Fundamental Forecast: USD/SGD, USD/PHP, USD/IDR, USD/MYR

The US Dollar’s yield eroded after an emergency Fed cut, meaning its focus shifts to sentiment amid the coronavirus pandemic. What’s ahead for USD/SGD, USD/PHP, USD/IDR and USD/MYR?

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Japanese Yen Surges vs New Zealand Dollar After RBNZ, Fed Rate Cuts

The New Zealand Dollar plummeted vs the anti-risk Japanese Yen after the RBNZ and Federal Reserve both announced aggressive rate cuts amid global financial instability.

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US Dollar Falls After Fed Cuts Rates to Zero and Launches QE

The US Dollar fell after the Federal Reserve slashed interest rates to zero and launched a $700 billion quantitative easing (QE) program to counter the impact of the coronavirus.

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Japanese Yen, US Dollar, New Zealand Dollar May Gap on Pandemic Woes

The Japanese Yen and US Dollar may rise as the New Zealand Dollar falls at market open. Weekend stock futures are pointing notably lower and the RBNZ delivered an emergency 75-bp rate cut.

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US Dollar Soars, Wall Street Confirms Bear Market, Gold Prices Drop. What Now?

The US Dollar took its role as a safe haven in an emotional week as Wall Street entered a bear market with gold prices plunging the most since 2011. All eyes next week are on a U.S. fiscal package,...

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Dow Jones and DAX 30 Forecast for the Week Ahead

History-making volatility across global stock markets. Eyes turn to Fed decision, while German ZEW to confirm recession.

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USD/MXN Forecast: US Dollar vs Mexican Peso- Coronavirus Surge Stalls

Mexican Peso marked the fourth weekly decline vs the Dollar with price settling well off fresh record highs. Here are the levels that matter on the USD/MXN weekly chart.

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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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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...