Tuesday, 17 March 2020

Can Coronavirus Helicopter Money Bring Markets Back to Life?

Investors in stocks, commodity currencies and energy have been praying for a massive fiscal bazooka to combat the virus effects. It looks like they’re going to get it.

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Gold Price Rebounds from Key Price Zone as Fed Deploys Credit Facility

The price of gold attempts to retrace the decline from earlier this month as the Federal Reserve establishes a Primary Dealer Credit Facility (PDCF).

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and opens the door to violent volatility – and trading opportunities.

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AUD/USD Rate Clears 2008 Low Ahead of RBA Announcement

AUD/USD takes out the 2008 low (0.6006) and the exchange rate may continue to exhibit a bearish behavior as the Relative Strength Index (RSI) sits in oversold territory.

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USD/CAD Rises Towards 2016 High. Dollar Rallies and Crude Oil Falls

The Canadian Dollar and crude oil prices are approaching their weakest points since 2016 amid the coronavirus outbreak. The US Dollar soared on haven demand and may continue gaining.

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NZD/USD Price Outlook: Fiscal Response Boosts Kiwi, Can it Rally?

The Kiwi enjoyed a boost yesterday after the New Zealand government offered a significant fiscal response that helped soothe fears regarding the country’s economy, but gains may be short-lived.

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US Dollar, S&P 500 Surge as VIX Retreats, FX Volatility Climbs

The S&P 500 notched a 6% rally was accompanied by a spike in the US Dollar during Tuesday’s trading session as FX volatility remained elevated despite a pullback in the VIX Index.

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Canadian Dollar Price Outlook: Loonie Crushed, USD/CAD Explodes

The US Dollar has surged over the past couple of weeks and, when combined with CAD-weakness, USD/CAD has shown an aggressive bullish breakout.

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ASX 200 & Nikkei 225 Price Outlook: Stocks and Sentiment Steady, For Now

Stocks marched higher on Tuesday after suffering their second worst daily performance on record. With governments eager to shore up their respective economies, where are equities headed?

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US Dollar Soars as USD/JPY Rips, EUR/USD, GBP/USD & AUD/USD Flop

The US Dollar recoils to multi-year highs after spiking 5% higher since March 10 as the coronavirus pandemic sparks a dash for cash and weighs on USD/JPY, EUR/USD, GBP/USD and AUD/USD price action.

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European Stock Exchanges Ban Short-Selling, Massive Stimulus Needed

The coronavirus continues to roil global financial markets with some European Bourses clamping down on short-selling. Governments need to go ‘all in’ immediately to prevent further economic meltdown.

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Market Sentiment Showing Few Signs of Recovering | Webinar

Trader confidence in stocks continues to show no indication of an improvement, making calling a bottom highly risky. However, currencies are providing opportunities to take advantage of market vola...

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US Dollar Surges on Funding Market Distress Signal: Risk of Explosive Breakout

Distress signals in funding market as cross currency basis swaps widen to Eurozone debt crisis levels.

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EUR/USD Price Slides After Eurozone and German Sentiment Crashes

The latest Eurozone and German ZEW sentiment data paint an increasingly worrying picture for the single-block as sentiment readings plummet.

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Gold Price Outlook: Are Gold Prices Still a Safe-Haven?

Is gold losing its safe-haven appeal? As the economy looks set to fall into a recession, gold has not escaped the panic selling.

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British Pound (GBP) Latest: EUR/GBP Advance Set to Continue

Strength in EUR/GBP and weakness in GBP/USD, the FTSE 100 and Gilts suggest further losses to come for Sterling assets.

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EUR/USD Braces For ZEW Data, Retail Sales as Virus Sours Sentiment

EUR/USD may fall if German ZEW survey data and US retail sales show consumer optimism and spending patterns have been infected by panic surrounding the coronavirus pandemic.

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Gold Prices Slide Again As Coronavirus Prompts Cash Raising

Gold prices have continued to slide on Tuesday despite the long cloud cast by the coronavirus as some investors opt to hold cash instead.

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Monday, 16 March 2020

USD/CAD Rate Outlook Mired by RSI Divergence

USD/CAD may face a larger pullback over the coming days as the exchange rate appears to be deviating with the Relative Strength Index (RSI).

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NZD Gains as Markets Applaud Fiscal Coronavirus Response

The New Zealand Dollar gained despite record low local interest rates as the government announced a broad sweep of fiscal measures aimed at limiting the virus’ economic effects

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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...