All Market Live

Monday, 16 March 2020

NZD/USD Outlook Clouded with Mixed Signals Following RBNZ Rate Cut

NZD/USD pares the decline following the RBNZ rate cut, but the exchange rate may continue to carve a series of lower highs and lows as the RSI sits in oversold territory.

from DailyFX - Market News https://ift.tt/2WhgAjA
via IFTTT

AUD/USD Fast Approaching 2008 Bottom With US Recession Possible

The Australian Dollar is fast approaching the 2008 bottom after another worst day on Wall Street since 1987. Trump hinted a recession may be due with the virus relief bill in focus.

from DailyFX - Market News https://ift.tt/2IOdsUC
via IFTTT

US Dollar Whipsaws on Fed Virus Response – USD Trade Levels

The US Dollar tumbled after another emergency Fed rate cut and QE package, but USD price action climbed notably off session lows amid the worsening coronavirus pandemic.

from DailyFX - Market News https://ift.tt/38RxqZf
via IFTTT

Stocks Suffer Second Largest Decline in History as VIX Extends Higher

The US equity market suffered its second worst decline in history on Monday as the Dow Jones, Nasdaq and S&P 500 decline more than -12% a piece. Still, volatility looks to persist.

from DailyFX - Market News https://ift.tt/2ITx9dv
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2U6er7O
via IFTTT

Crude Oil Price Climbs off the Lows but Recovery Remains Unlikely

Crude oil moved off the lows on Monday as the United States looks to purchase large quantities of the commodity for storage in the country’s strategic reserve, but a larger recovery is unlikely.

from DailyFX - Market News https://ift.tt/2IOlEnK
via IFTTT

AUD/JPY: Eyes on Breakout Levels - Australian Dollar vs JPY Price Forecast

Last week, AUD/JPY declined to its lowest level in over a decade and this week the story does not look much different. Here are the levels and signals traders should keep in focus.

from DailyFX - Market News https://ift.tt/2TTRGF3
via IFTTT

USD/MXN Price Rips to All-Time High as Mexican Peso Collapses

USD/MXN just exploded to a record high above the 23.000 handle as the Mexican Peso depreciates at its fastest rate against the US Dollar since October 2008.

from DailyFX - Market News https://ift.tt/2IULQwQ
via IFTTT

Dow, S&P to Support as FOMC Launches a Bazooka – But Will it Work?

Global markets remain in panic mode and the Federal Reserve just launched another batch of emergency measures that, as yet, have failed to calm traders' nerves.

from DailyFX - Market News https://ift.tt/2WtfAt5
via IFTTT

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/2w2nGOx
via IFTTT

Dow Jones, S&P 500, Nasdaq 100 Collapse, Recession Risks Soar

Global equity markets are in freefall, despite the central banks best efforts to stem the panic selling.

from DailyFX - Market News https://ift.tt/2QkPt3t
via IFTTT

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,...

from DailyFX - Market News https://ift.tt/38SJFoq
via IFTTT

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.

from DailyFX - Market News https://ift.tt/33mqrpS
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2WiRIIy
via IFTTT

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?

from DailyFX - Market News https://ift.tt/3d5vMpZ
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2QhiJbg
via IFTTT

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.

from DailyFX - Market News https://ift.tt/2Uc0ghk
via IFTTT